Premier Technology Correlations
| PT Stock | THB 11.20 0.20 1.82% |
The current 90-days correlation between Premier Technology Public and Thanachart Capital Public is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Premier Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premier Technology Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Premier Technology Correlation With Market
Good diversification
The correlation between Premier Technology Public and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Premier Technology Public and DJI in the same portfolio, assuming nothing else is changed.
Premier |
The ability to find closely correlated positions to Premier Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premier Technology 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 Premier Technology - 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 Premier Technology Public to buy it.
Moving against Premier Stock
| 0.96 | DELTA | Delta Electronics Public | PairCorr |
| 0.78 | TFI | Thai Film Industries | PairCorr |
| 0.69 | BWG | Better World Green | PairCorr |
| 0.66 | RCL-R | Regional Container Lines | PairCorr |
| 0.4 | RCL | Regional Container Lines | PairCorr |
| 0.36 | GJS | G J Steel | PairCorr |
| 0.35 | AWC-R | ASSET WORLD P | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Premier Stock performing well and Premier Technology 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 Premier Technology'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TCAP | 0.83 | 0.04 | 0.03 | (0.64) | 1.08 | 1.56 | 5.01 | |||
| QH | 0.82 | (0.13) | 0.00 | (0.63) | 0.00 | 1.29 | 5.55 | |||
| TASCO | 1.19 | (0.28) | 0.00 | (0.99) | 0.00 | 2.21 | 8.86 | |||
| SYNEX | 2.29 | (0.39) | 0.00 | (2.02) | 0.00 | 3.92 | 12.91 | |||
| SIS | 1.63 | (0.24) | 0.00 | (1.43) | 0.00 | 3.62 | 9.66 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Premier Technology 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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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
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Premier Technology Corporate Management
Elected by the shareholders, the Premier Technology's board of directors comprises two types of representatives: Premier Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Premier. The board's role is to monitor Premier Technology's management team and ensure that shareholders' interests are well served. Premier Technology'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, Premier Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Phirom Chamsai | Independent Director | Profile | |
| Suchai Wathanatrinakun | Independent Director | Profile | |
| Wanna Khonsrichai | Director | Profile | |
| Thiraphon Chuthaphornphong | Company Secretary | Profile | |
| Walairat Pongjitt | Director | Profile | |
| Surapol Srangsomwong | Director | Profile | |
| Kulthida Verathaworn | Company Sec | Profile |