Dohome Public Correlations

DOHOME Stock  THB 6.90  0.55  8.66%   
The current 90-days correlation between Dohome Public and Com7 PCL is 0.26 (i.e., Modest diversification). The correlation of Dohome Public 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.

Dohome Public Correlation With Market

DohomeDowDiversified AwayDohomeDowDiversified Away100%

Modest diversification

The correlation between Dohome Public and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dohome Public and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Dohome 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 Dohome 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 Dohome 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 Dohome Public to buy it.

Moving together with Dohome Stock

  0.61PTT PTT PublicPairCorr
  0.62PTT-R PTT PublicPairCorr
  0.72MORE More Return PublicPairCorr

Moving against Dohome Stock

  0.88SCB-R Siam CommercialPairCorr
  0.88KTB-R Krung Thai BankPairCorr
  0.87KTB Krung Thai BankPairCorr
  0.82SCB SCB X PublicPairCorr
  0.55BIZ Business Alignment PublicPairCorr
  0.36KBANK-R Kasikornbank PublicPairCorr
  0.34BBL Bangkok Bank PublicPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Dohome Stock performing well and Dohome 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 Dohome 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dohome 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.

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Dohome Public Corporate Management

Elected by the shareholders, the Dohome Public's board of directors comprises two types of representatives: Dohome Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dohome. The board's role is to monitor Dohome Public's management team and ensure that shareholders' interests are well served. Dohome 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, Dohome Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
Phannee KhetchompooAssistant Managing Director - Marketing AdministrationProfile
Mayuree SeetaCompany SecretaryProfile
Maruay TangmitrphrachaDirector, Deputy Managing Director information technology and E-commerceProfile
Pornsiri LoesprapapornFirst AccountingProfile
Ariya TangmitrphrachaDirector, Deputy Managing Director (Operation and Procurement Group) and Assistant Managing Director (Procurement Department)Profile
Sopawadee LertmanaschaiIndependent DirectorProfile
Pikun SomwanHead AuditProfile