Intouch Holdings Correlations
| INTUCH Stock | THB 81.50 1.75 2.10% |
The current 90-days correlation between Intouch Holdings Public and PTT Global Chemical is 0.04 (i.e., Significant diversification). The correlation of Intouch Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Intouch Holdings Correlation With Market
Significant diversification
The correlation between Intouch Holdings Public and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Intouch Holdings Public and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Intouch Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intouch Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Intouch Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Intouch Holdings Public to buy it.
Moving together with Intouch Stock
| 0.73 | AOT | Airports of Thailand | PairCorr |
| 0.96 | GULF | Gulf Energy Development | PairCorr |
| 0.68 | DELTA | Delta Electronics Public | PairCorr |
| 0.76 | PTTEP | PTT Exploration | PairCorr |
Moving against Intouch Stock
Related Correlations Analysis
| 0.21 | 0.19 | 0.3 | -0.03 | ADVANC | ||
| 0.21 | 0.11 | 0.71 | -0.6 | PTTGC | ||
| 0.19 | 0.11 | 0.13 | -0.1 | PTT | ||
| 0.3 | 0.71 | 0.13 | -0.6 | CPALL | ||
| -0.03 | -0.6 | -0.1 | -0.6 | SCB | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Intouch Stock performing well and Intouch Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Intouch Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADVANC | 1.27 | 0.02 | 0.01 | 0.08 | 1.55 | 2.53 | 10.19 | |||
| PTTGC | 2.59 | (0.25) | 0.00 | (0.28) | 0.00 | 8.23 | 15.21 | |||
| PTT | 1.13 | 0.14 | 0.07 | 0.28 | 1.27 | 3.25 | 8.35 | |||
| CPALL | 1.70 | (0.08) | 0.00 | (0.12) | 0.00 | 3.35 | 13.84 | |||
| SCB | 0.76 | 0.10 | 0.10 | (0.86) | 0.86 | 1.67 | 4.91 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Intouch Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Intouch Holdings Corporate Management
Elected by the shareholders, the Intouch Holdings' board of directors comprises two types of representatives: Intouch Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Intouch. The board's role is to monitor Intouch Holdings' management team and ensure that shareholders' interests are well served. Intouch Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Intouch Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Naruwat Nopakun | Assistant Accounting | Profile | |
| Narisa Surawinyou | Head Audit | Profile | |
| Jitchai Musikabutr | Gen VP | Profile | |
| Metho Piamthipmanus | Sr Accounting | Profile | |
| Prong Tharawanich | VP HR | Profile | |
| Tomyantee Kongpoolsilpa | VP Relations | Profile |