Ratch Group Correlations
| RATCH-R Stock | THB 32.01 0.00 0.00% |
The current 90-days correlation between Ratch Group Public and Electricity Generating Public is 0.27 (i.e., Modest diversification). The correlation of Ratch Group 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Ratch Group Correlation With Market
Good diversification
The correlation between Ratch Group 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 Ratch Group Public and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Ratch Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ratch Group 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 Ratch Group - 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 Ratch Group Public to buy it.
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Ratch Stock performing well and Ratch Group 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 Ratch Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EGCO-R | 1.06 | 0.11 | 0.04 | 0.37 | 1.04 | 2.43 | 7.63 | |||
| SCC-R | 1.44 | (0.86) | 0.00 | (1.28) | 0.00 | 0.00 | 40.62 | |||
| PTTEP-R | 0.57 | (0.32) | 0.00 | (1.52) | 0.00 | 0.00 | 0.00 | |||
| PTT-R | 0.76 | (0.09) | 0.00 | (0.39) | 0.00 | 2.27 | 5.19 |
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Ratch Group Corporate Management
Elected by the shareholders, the Ratch Group's board of directors comprises two types of representatives: Ratch Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ratch. The board's role is to monitor Ratch Group's management team and ensure that shareholders' interests are well served. Ratch Group'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, Ratch Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Somboon Kositvanich | VP Division | Profile | |
| Peerawat Pumthong | Deputy Officer | Profile | |
| Wadeerat Charoencoop | Chief Officer | Profile | |
| Boontiva Dansamasatid | Exec Admin | Profile | |
| Sakarin Tangkavachiranon | Chief Officer | Profile | |
| Choosri Kietkajornkul | CEO Director | Profile | |
| Titiporn Komsartra | Sr Division | Profile |