Singha Estate Correlations
S-R Stock | THB 0.76 0.15 16.48% |
The current 90-days correlation between Singha Estate Public and WHA UTILITIES AND is -0.19 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Singha Estate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Singha Estate Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Singha Estate Correlation With Market
Good diversification
The correlation between Singha Estate Public and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Singha Estate Public and DJI in the same portfolio, assuming nothing else is changed.
Singha |
The ability to find closely correlated positions to Singha Estate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Singha Estate 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 Singha Estate - 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 Singha Estate Public to buy it.
Moving together with Singha Stock
Moving against Singha Stock
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in Singha Estate 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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Singha Estate Corporate Management
Elected by the shareholders, the Singha Estate's board of directors comprises two types of representatives: Singha Estate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Singha. The board's role is to monitor Singha Estate's management team and ensure that shareholders' interests are well served. Singha Estate'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, Singha Estate's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kanokwan Sriphian | VP Accounting | Profile | |
Thitima Rungkwansiriroj | CEO Director | Profile | |
Oranee Poolkwan | Chief Officer | Profile | |
Anthony Caprara | VP Management | Profile | |
Dirk Cuyper | Chief Limited | Profile | |
Chanapat Techatantiwong | Sr Marketing | Profile | |
Nattavuth Mathayomchan | Chief Officer | Profile |