Super Energy Correlations
| SUPER-R Stock | THB 0.18 0.34 65.38% |
The current 90-days correlation between Super Energy and Super Energy is 0.17 (i.e., Average diversification). The correlation of Super Energy 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.
Super Energy Correlation With Market
Significant diversification
The correlation between Super Energy 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 Super Energy and DJI in the same portfolio, assuming nothing else is changed.
Super |
The ability to find closely correlated positions to Super Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Super Energy 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 Super Energy - 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 Super Energy to buy it.
Moving together with Super Stock
Moving against Super Stock
| 0.76 | TFG-R | Thaifoods Group Public | PairCorr |
| 0.75 | SCCC-R | Siam City Cement | PairCorr |
| 0.73 | ROCK | Rockworth Public | PairCorr |
| 0.31 | AURA | Aurora Design PCL | PairCorr |
| 1.0 | VGI-R | VGI Public | PairCorr |
| 0.44 | SNP | SP Syndicate Public | PairCorr |
| 0.38 | SNC | SNC Former Public | PairCorr |
| 0.36 | JCT | Jack Chia Industries | PairCorr |
| 0.32 | TFG | Thaifoods Group Public | PairCorr |
| 0.31 | ILINK | Interlink Communication | PairCorr |
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Super Energy 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 Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
| All Next | Launch Module |
Super Energy Corporate Management
Elected by the shareholders, the Super Energy's board of directors comprises two types of representatives: Super Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Super. The board's role is to monitor Super Energy's management team and ensure that shareholders' interests are well served. Super Energy'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, Super Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kulchalee Nuntasukkasem | Chief Officer | Profile | |
| Pornwisa Mangkit | Head Relations | Profile | |
| Pongsakorn Saenghongsa | Acting Maintenance | Profile | |
| Wannisa Sosawang | Account Mang | Profile | |
| Pajaree Sutthichatmethee | Human Mang | Profile |