Pruksa Holding Correlations
| PSH Stock | THB 7.90 0.05 0.63% |
The current 90-days correlation between Pruksa Holding Public and Land and Houses is -0.04 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pruksa Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pruksa Holding Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Pruksa Holding Correlation With Market
Average diversification
The correlation between Pruksa Holding Public and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pruksa Holding Public and DJI in the same portfolio, assuming nothing else is changed.
Pruksa |
The ability to find closely correlated positions to Pruksa Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pruksa Holding 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 Pruksa Holding - 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 Pruksa Holding Public to buy it.
Moving together with Pruksa Stock
| 0.7 | PTT | PTT Public | PairCorr |
| 0.7 | PTT-R | PTT Public | PairCorr |
| 0.74 | AOT | Airports of Thailand | PairCorr |
| 0.67 | CPALL-R | CP ALL Public | PairCorr |
| 0.67 | CPALL | CP ALL Public | PairCorr |
| 0.73 | PTTEP | PTT Exploration | PairCorr |
Moving against Pruksa Stock
| 0.82 | DELTA | Delta Electronics Public | PairCorr |
| 0.67 | COM7 | Com7 PCL | PairCorr |
| 0.66 | ADVANC | Advanced Info Service | PairCorr |
| 0.55 | SAM | Samchai Steel Industries | PairCorr |
| 0.31 | RCL-R | Regional Container Lines | PairCorr |
| 0.31 | TRU | Thai Rung Union | PairCorr |
Related Correlations Analysis
| 0.89 | 0.84 | 0.91 | -0.14 | LH | ||
| 0.89 | 0.73 | 0.85 | -0.04 | QH | ||
| 0.84 | 0.73 | 0.75 | -0.11 | SIRI | ||
| 0.91 | 0.85 | 0.75 | -0.2 | SCC | ||
| -0.14 | -0.04 | -0.11 | -0.2 | INTUCH | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Pruksa Stock performing well and Pruksa Holding 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 Pruksa Holding'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 | 1.34 | (0.25) | 0.00 | 12.58 | 0.00 | 2.04 | 10.86 | |||
| QH | 0.91 | (0.16) | 0.00 | 0.95 | 0.00 | 1.68 | 11.17 | |||
| SIRI | 1.21 | (0.10) | 0.00 | (0.30) | 0.00 | 3.39 | 7.74 | |||
| SCC | 1.44 | (0.49) | 0.00 | 4.42 | 0.00 | 2.45 | 9.27 | |||
| INTUCH | 1.59 | 0.13 | 0.05 | 0.52 | 2.02 | 3.55 | 11.96 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Pruksa Holding 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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Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
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Pruksa Holding Corporate Management
Elected by the shareholders, the Pruksa Holding's board of directors comprises two types of representatives: Pruksa Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pruksa. The board's role is to monitor Pruksa Holding's management team and ensure that shareholders' interests are well served. Pruksa Holding'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, Pruksa Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Surawee Chaithumrongkool | Group Officer | Profile | |
| Udomsak Yamnoon | Acting Officer | Profile | |
| Jintana Insee | VP Management | Profile | |
| Uten Lohachitpitaks | Group Director | Profile | |
| Angkana Likhitchanyakul | Group Officer | Profile | |
| Premsak Vallikul | Acting Audit | Profile |