Copperwired Public Correlations
| CPW Stock | THB 2.26 0.02 0.88% |
The current 90-days correlation between Copperwired Public and Com7 PCL is 0.34 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Copperwired Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copperwired Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Copperwired Public Correlation With Market
Very good diversification
The correlation between Copperwired Public and DJI is -0.3 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Copperwired Public and DJI in the same portfolio, assuming nothing else is changed.
Copperwired |
The ability to find closely correlated positions to Copperwired 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 Copperwired 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 Copperwired 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 Copperwired Public to buy it.
Moving together with Copperwired Stock
| 0.85 | COMAN | Comanche International | PairCorr |
| 0.88 | SCC | Siam Cement | PairCorr |
| 0.68 | BH | Bumrungrad Hospital | PairCorr |
| 0.75 | PTTEP | PTT Exploration | PairCorr |
Moving against Copperwired Stock
| 0.87 | DELTA | Delta Electronics Public | PairCorr |
| 0.68 | ADVANC | Advanced Info Service | PairCorr |
| 0.6 | COM7 | Com7 PCL | PairCorr |
| 0.47 | ASN | ASN Broker Public | PairCorr |
Related Correlations Analysis
| 0.36 | -0.73 | 0.03 | -0.29 | COM7 | ||
| 0.36 | -0.39 | 0.38 | -0.29 | CRC | ||
| -0.73 | -0.39 | -0.09 | 0.56 | DOHOME | ||
| 0.03 | 0.38 | -0.09 | -0.01 | BCH | ||
| -0.29 | -0.29 | 0.56 | -0.01 | EKH | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Copperwired Stock performing well and Copperwired 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 Copperwired 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| COM7 | 1.72 | 0.22 | 0.04 | (1.15) | 1.90 | 3.92 | 12.15 | |||
| CRC | 1.64 | 0.36 | 0.08 | (0.64) | 1.66 | 4.03 | 12.56 | |||
| DOHOME | 1.65 | (0.12) | 0.00 | (0.53) | 0.00 | 4.52 | 10.83 | |||
| BCH | 1.45 | 0.11 | (0.04) | (0.10) | 1.51 | 2.75 | 11.46 | |||
| EKH | 0.70 | (0.03) | 0.00 | (0.75) | 0.00 | 1.52 | 4.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Copperwired 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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Copperwired Public Corporate Management
Elected by the shareholders, the Copperwired Public's board of directors comprises two types of representatives: Copperwired Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Copperwired. The board's role is to monitor Copperwired Public's management team and ensure that shareholders' interests are well served. Copperwired 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, Copperwired Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sopon CPA | Ex Director | Profile | |
| Rattanakorn Rojvatcharapibal | F Sec | Profile | |
| Adiwet Khaosut | B Director | Profile | |
| Paramate Rienjaroensuk | Acting CEO | Profile | |
| Sureeporn Intanate | Creative Director | Profile | |
| Narong Intanate | Ex Chairman | Profile | |
| Yaowaluk Nilubol | HR Director | Profile |