Property Perfect Correlations
| PF Stock | THB 0.10 0.01 9.09% |
The current 90-days correlation between Property Perfect Public and Quality Houses Public is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Property Perfect moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Property Perfect Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Property Perfect Correlation With Market
Modest diversification
The correlation between Property Perfect Public and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Property Perfect Public and DJI in the same portfolio, assuming nothing else is changed.
Property |
The ability to find closely correlated positions to Property Perfect could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Property Perfect 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 Property Perfect - 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 Property Perfect Public to buy it.
Moving together with Property Stock
| 0.77 | TQM-R | TQM PORATION | PairCorr |
| 0.81 | STGT-R | SRI TRANG GLOVES | PairCorr |
| 0.73 | PTL-R | Polyplex Public | PairCorr |
| 0.75 | TOA-R | TOA PAINT | PairCorr |
| 0.62 | TPIPP-R | TPI POLENE POWER | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Property Stock performing well and Property Perfect 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 Property Perfect'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LH | 1.57 | (0.16) | 0.00 | (0.27) | 0.00 | 3.52 | 7.69 | |||
| QH | 0.84 | (0.16) | 0.00 | (4.40) | 0.00 | 1.29 | 5.55 | |||
| LPN | 1.19 | (0.37) | 0.00 | (4.55) | 0.00 | 1.95 | 8.87 | |||
| SIRI | 1.14 | (0.06) | 0.00 | (0.29) | 0.00 | 1.90 | 6.99 | |||
| AP | 1.60 | 0.09 | 0.06 | (0.59) | 1.84 | 3.92 | 13.82 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Property Perfect 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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Property Perfect Corporate Management
Elected by the shareholders, the Property Perfect's board of directors comprises two types of representatives: Property Perfect inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Property. The board's role is to monitor Property Perfect's management team and ensure that shareholders' interests are well served. Property Perfect'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, Property Perfect's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nueanuan Ayuthaya | Director, Independent Director | Profile | |
| Wason Srirattanapong | Chief Director | Profile | |
| Wicharn Siriwetwarawut | President of Operations 1, Executive Director, Director | Profile | |
| Virayuk Phanthuphet | Vice Chairman of the Board, Independent Director | Profile | |
| Theerathat Singnarongthon | Investor Officer | Profile | |
| Somsak Toraksa | Director, Independent Director | Profile | |
| Vithaya Netiviwat | Non-Executive Director | Profile |