Tirathai Public Correlations
| TRT Stock | THB 3.96 0.06 1.54% |
The current 90-days correlation between Tirathai Public and Exotic Food Public is -0.36 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tirathai Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tirathai Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Tirathai Public Correlation With Market
Good diversification
The correlation between Tirathai Public and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tirathai Public and DJI in the same portfolio, assuming nothing else is changed.
Tirathai |
The ability to find closely correlated positions to Tirathai Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tirathai Public 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 Tirathai Public - 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 Tirathai Public to buy it.
Moving against Tirathai Stock
| 0.61 | PIMO | Pioneer Motor Public | PairCorr |
| 0.56 | PTT | PTT Public | PairCorr |
| 0.56 | PTT-R | PTT Public | PairCorr |
| 0.33 | BAY | Bank of Ayudhya | PairCorr |
| 0.31 | KTB | Krung Thai Bank | PairCorr |
| 0.31 | KTB-R | Krung Thai Bank | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Tirathai Stock performing well and Tirathai Public 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 Tirathai Public'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| XO | 1.05 | (0.40) | 0.00 | (1.57) | 0.00 | 1.36 | 11.55 | |||
| PJW | 1.03 | (0.25) | 0.00 | (3.87) | 0.00 | 2.42 | 8.40 | |||
| MEGA | 1.20 | (0.18) | 0.00 | 1.69 | 0.00 | 2.00 | 11.46 | |||
| PHOL | 0.66 | (0.04) | 0.00 | 0.55 | 0.00 | 1.31 | 6.81 | |||
| ECF | 2.59 | 0.07 | (0.01) | (0.39) | 2.26 | 6.67 | 34.72 |
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Our tools can tell you how much better you can do entering a position in Tirathai Public 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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Tirathai Public Corporate Management
Elected by the shareholders, the Tirathai Public's board of directors comprises two types of representatives: Tirathai Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tirathai. The board's role is to monitor Tirathai Public's management team and ensure that shareholders' interests are well served. Tirathai Public'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, Tirathai Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sumpan Vongphan | CEO Chairman | Profile | |
| Atittaya Sangkaeo | S Directors | Profile | |
| Ouichai Siriwajana | Marketing Mang | Profile | |
| Kanta Vongphan | Accounting Fin | Profile | |
| Amporntat Poolcharoen | Procurement Planning | Profile | |
| Sunan Santichotinan | HR Director | Profile | |
| Charuvit Suanmalee | Ex Director | Profile |