Jay Mart Correlations
| JMART Stock | THB 14.10 0.20 1.44% |
The current 90-days correlation between Jay Mart Public and AP Public is 0.4 (i.e., Very weak diversification). The correlation of Jay Mart 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.
Jay Mart Correlation With Market
Very good diversification
The correlation between Jay Mart Public and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jay Mart Public and DJI in the same portfolio, assuming nothing else is changed.
Jay |
The ability to find closely correlated positions to Jay Mart could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jay Mart 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 Jay Mart - 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 Jay Mart Public to buy it.
Moving together with Jay Stock
| 0.69 | AEONTS | AEON Thana Sinsap | PairCorr |
| 0.9 | CH | Chin Huay PCL | PairCorr |
| 0.64 | RBF-R | RB FOOD SUPPLY | PairCorr |
| 0.65 | TEGH | Thai Eastern Group | PairCorr |
Moving against Jay Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Jay Stock performing well and Jay Mart 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 Jay Mart's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AP | 1.32 | 0.06 | (0.04) | (0.25) | 1.38 | 3.00 | 10.37 | |||
| JAS | 2.06 | (0.11) | 0.00 | 0.35 | 0.00 | 5.31 | 22.87 | |||
| ASP | 1.03 | 0.02 | (0.08) | (0.14) | 1.01 | 1.65 | 11.57 | |||
| BCP | 1.71 | (0.25) | 0.00 | 0.82 | 0.00 | 4.27 | 11.12 | |||
| BAFS | 1.83 | (0.24) | 0.00 | 2.11 | 0.00 | 5.07 | 13.39 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Jay Mart 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?
Run Headlines Timeline Now
Headlines TimelineStay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
| All Next | Launch Module |
Jay Mart Corporate Management
Elected by the shareholders, the Jay Mart's board of directors comprises two types of representatives: Jay Mart inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jay. The board's role is to monitor Jay Mart's management team and ensure that shareholders' interests are well served. Jay Mart's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jay Mart's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yuvadee PongAcha | Deputy Director | Profile | |
| Manee Soonthornvatin | Director Director | Profile | |
| Supamas Khaikaew | Chief Officer | Profile | |
| Kittipat Chonlawut | Deputy Officer | Profile | |
| Adisak Sukumvitaya | CEO, Founder | Profile | |
| Panya Chutisiriwong | Chief Officer | Profile |