Sabuy Technology Correlations
| SABUY Stock | THB 0.51 0.03 6.25% |
The current 90-days correlation between Sabuy Technology Public and Forth Public is 0.18 (i.e., Average diversification). The correlation of Sabuy Technology 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.
Sabuy Technology Correlation With Market
Significant diversification
The correlation between Sabuy Technology Public and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sabuy Technology Public and DJI in the same portfolio, assuming nothing else is changed.
Sabuy |
The ability to find closely correlated positions to Sabuy 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 Sabuy 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 Sabuy 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 Sabuy Technology Public to buy it.
Moving together with Sabuy Stock
| 0.86 | PK | Patkol Public | PairCorr |
| 0.64 | GTB | Getabec Public | PairCorr |
| 0.62 | XPG | XSpring Capital Public | PairCorr |
| 0.72 | TKS | TKS Technologies Public | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Sabuy Stock performing well and Sabuy 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 Sabuy 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JMART | 2.01 | (0.06) | 0.00 | 0.21 | 0.00 | 3.75 | 11.71 | |||
| FORTH | 2.48 | 0.13 | (0.02) | (0.27) | 2.18 | 8.46 | 17.35 | |||
| SINGER | 2.10 | 0.00 | (0.03) | 0.16 | 2.83 | 4.90 | 22.26 | |||
| OR | 1.36 | (0.11) | 0.00 | 1.66 | 0.00 | 2.96 | 10.11 | |||
| KCE | 1.69 | (0.49) | 0.00 | 0.63 | 0.00 | 3.23 | 16.02 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sabuy 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?
Run Premium Stories Now
Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
| All Next | Launch Module |
Sabuy Technology Corporate Management
Elected by the shareholders, the Sabuy Technology's board of directors comprises two types of representatives: Sabuy Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sabuy. The board's role is to monitor Sabuy Technology's management team and ensure that shareholders' interests are well served. Sabuy 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, Sabuy Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Pimsiri Photchanaphanit | Chief Technology | Profile | |
| Wirach Morakotkarn | Director Officer | Profile | |
| Santithon Bunjua | Chief Officer | Profile | |
| Wachirathorn Kongsuk | Director Officer | Profile | |
| Poonpat Sripleng | Ex Director | Profile | |
| Chalermrat Denprasert | Accounting Mang | Profile | |
| Prasith Laokasemsukwong | Chief Officer | Profile |