Lalin Property Correlations
| LALIN Stock | THB 5.40 0.05 0.93% |
The current 90-days correlation between Lalin Property Public and LPN Development Public is -0.01 (i.e., Good diversification). The correlation of Lalin Property 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.
Lalin Property Correlation With Market
Average diversification
The correlation between Lalin Property Public and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lalin Property Public and DJI in the same portfolio, assuming nothing else is changed.
Lalin |
The ability to find closely correlated positions to Lalin Property could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lalin Property 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 Lalin Property - 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 Lalin Property Public to buy it.
Moving together with Lalin Stock
Moving against Lalin Stock
| 0.84 | KTB | Krung Thai Bank | PairCorr |
| 0.84 | KTB-R | Krung Thai Bank | PairCorr |
| 0.81 | SCB-R | Siam Commercial | PairCorr |
| 0.78 | SCB | SCB X Public | PairCorr |
| 0.35 | BBL | Bangkok Bank Public | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Lalin Stock performing well and Lalin Property 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 Lalin Property'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 | 1.65 | 0.07 | 0.04 | 0.15 | 1.93 | 3.92 | 13.82 | |||
| LH | 1.48 | (0.31) | 0.00 | (0.66) | 0.00 | 2.71 | 7.69 | |||
| LPN | 1.09 | (0.43) | 0.00 | (1.43) | 0.00 | 1.85 | 6.92 | |||
| SPALI | 1.55 | (0.15) | 0.00 | (0.49) | 0.00 | 2.63 | 7.51 | |||
| MCS | 1.12 | 0.00 | 0.01 | (0.04) | 1.00 | 3.88 | 8.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lalin Property 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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Lalin Property Corporate Management
Elected by the shareholders, the Lalin Property's board of directors comprises two types of representatives: Lalin Property inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lalin. The board's role is to monitor Lalin Property's management team and ensure that shareholders' interests are well served. Lalin Property'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, Lalin Property's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Seri Sintuas | Fin. Manager and Company Executive Secretary | Profile | |
| Kanitha Thamviseth | Accounting Manager | Profile | |
| Wanchai Aranvutikul | Other | Profile | |
| Wisanu Sirikajornkij | Assistant Director | Profile |