Surapon Foods Correlations
| SSF Stock | THB 6.90 0.05 0.73% |
The current 90-days correlation between Surapon Foods Public and Lee Feed Mill is 0.17 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Surapon Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surapon Foods Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Surapon Foods Correlation With Market
Significant diversification
The correlation between Surapon Foods Public and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Surapon Foods Public and DJI in the same portfolio, assuming nothing else is changed.
Surapon |
The ability to find closely correlated positions to Surapon Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Surapon Foods 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 Surapon Foods - 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 Surapon Foods Public to buy it.
Moving together with Surapon Stock
Moving against Surapon Stock
| 0.61 | POPF | Prime Office Leasehold | PairCorr |
| 0.48 | QHHR | Quality Houses Hotel | PairCorr |
| 0.37 | FUTUREPF | Future Park Leasehold | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Surapon Stock performing well and Surapon Foods 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 Surapon Foods' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LEE | 0.67 | (0.05) | 0.00 | 0.67 | 0.00 | 1.63 | 5.02 | |||
| GFPT | 1.14 | (0.18) | 0.00 | (12.57) | 0.00 | 1.89 | 7.10 | |||
| TVO | 0.93 | 0.00 | (0.08) | 0.07 | 1.00 | 2.47 | 6.40 | |||
| SSC | 0.67 | (0.38) | 0.00 | (0.70) | 0.00 | 0.40 | 4.81 | |||
| SAUCE | 0.42 | (0.14) | 0.00 | (2.90) | 0.00 | 0.64 | 2.57 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Surapon Foods 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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SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
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Surapon Foods Corporate Management
Elected by the shareholders, the Surapon Foods' board of directors comprises two types of representatives: Surapon Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Surapon. The board's role is to monitor Surapon Foods' management team and ensure that shareholders' interests are well served. Surapon Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Surapon Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Somnuk Somchaikulsup | Company CEO | Profile | |
| Montai Chulatitta | VP Group | Profile | |
| Sriprasert Sriprawatkul | VP Accounting | Profile | |
| Surapon Vongvadhanaroj | CEO Director | Profile | |
| Thomas Ung | VP Trade | Profile | |
| Malai Wongwatroj | Advisor Director | Profile |