TTCL Public Correlations
| TTCL Stock | THB 1.30 0.01 0.76% |
The current 90-days correlation between TTCL Public and WHA Public is 0.2 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TTCL Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TTCL Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
TTCL Public Correlation With Market
Average diversification
The correlation between TTCL Public and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TTCL Public and DJI in the same portfolio, assuming nothing else is changed.
TTCL |
The ability to find closely correlated positions to TTCL 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 TTCL 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 TTCL 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 TTCL Public to buy it.
Moving together with TTCL Stock
| 0.9 | TQM-R | TQM PORATION | PairCorr |
| 0.9 | STGT-R | SRI TRANG GLOVES | PairCorr |
| 0.79 | PTL-R | Polyplex Public | PairCorr |
| 0.86 | TOA-R | TOA PAINT | PairCorr |
| 0.82 | TPIPP-R | TPI POLENE POWER | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between TTCL Stock performing well and TTCL 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 TTCL 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STPI | 1.97 | (0.25) | 0.00 | (48.01) | 0.00 | 4.17 | 17.15 | |||
| WHA | 2.30 | (0.43) | 0.00 | (0.60) | 0.00 | 4.81 | 24.37 | |||
| ITD | 1.97 | (0.81) | 0.00 | (1.57) | 0.00 | 3.70 | 14.23 | |||
| JAS | 1.78 | (0.42) | 0.00 | (0.67) | 0.00 | 3.06 | 9.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in TTCL 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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TTCL Public Corporate Management
Elected by the shareholders, the TTCL Public's board of directors comprises two types of representatives: TTCL Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TTCL. The board's role is to monitor TTCL Public's management team and ensure that shareholders' interests are well served. TTCL 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, TTCL Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Somchai Charnsiripongse | Member Unit | Profile | |
| Tiwa Jaruke | Chairman Vietnam | Profile | |
| Makoto Nakadoi | Member Board | Profile | |
| Suchet Watchalayan | Member Unit | Profile | |
| Chamnarn Atsanatam | Member Unit | Profile |