Eastern Power Correlations
| EP Stock | THB 1.49 0.01 0.68% |
The current 90-days correlation between Eastern Power Group and Diamond Building Products is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eastern Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Power Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Eastern Power Correlation With Market
Average diversification
The correlation between Eastern Power Group and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Eastern Power Group and DJI in the same portfolio, assuming nothing else is changed.
Eastern |
The ability to find closely correlated positions to Eastern Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Power 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 Eastern Power - 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 Eastern Power Group to buy it.
Moving together with Eastern Stock
| 0.84 | GULF | Gulf Energy Development | PairCorr |
| 0.82 | EA | Energy Absolute Public | PairCorr |
| 0.77 | ACE-R | ABSOLUTE CLEAN ENERGY | PairCorr |
| 0.64 | ACE | Absolute Clean Energy | PairCorr |
| 0.88 | SSP | Sermsang Power | PairCorr |
| 0.91 | ETC | Earth Tech Environment | PairCorr |
| 0.8 | PRIME | Prime Road Power | PairCorr |
| 0.91 | TSE | Thai Solar Energy | PairCorr |
| 0.9 | PTT | PTT Public | PairCorr |
| 0.9 | PTT-R | PTT Public | PairCorr |
Moving against Eastern Stock
| 0.88 | SCB | SCB X Public | PairCorr |
| 0.8 | UREKA | Eureka Design Public | PairCorr |
| 0.78 | KBANK | Kasikornbank Public | PairCorr |
| 0.78 | KBANK-R | Kasikornbank Public | PairCorr |
| 0.76 | AKR | Ekarat Engineering Public | PairCorr |
| 0.76 | BTS | BTS Group Holdings | PairCorr |
| 0.67 | VGI | VGI Public | PairCorr |
| 0.48 | KTB | Krung Thai Bank | PairCorr |
| 0.48 | KTB-R | Krung Thai Bank | PairCorr |
| 0.35 | SCB-R | Siam Commercial | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Eastern Stock performing well and Eastern Power 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 Eastern Power'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BCPG | 2.14 | (0.18) | 0.00 | (0.69) | 0.00 | 5.22 | 17.40 | |||
| DRT | 0.47 | (0.13) | 0.00 | (3.72) | 0.00 | 0.66 | 2.64 | |||
| ETC | 1.82 | (0.69) | 0.00 | (2.97) | 0.00 | 3.70 | 15.85 | |||
| TPIPP | 0.50 | (0.08) | 0.00 | 31.40 | 0.00 | 0.68 | 4.05 | |||
| EA | 3.28 | (1.04) | 0.00 | 2.37 | 0.00 | 8.25 | 30.30 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Eastern Power 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 Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Eastern Power Corporate Management
Elected by the shareholders, the Eastern Power's board of directors comprises two types of representatives: Eastern Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eastern. The board's role is to monitor Eastern Power's management team and ensure that shareholders' interests are well served. Eastern Power'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, Eastern Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
| M Prachayathipsakul | Marketing Director | Profile | |
| Kanokorn Jankorn | Accounting Board | Profile | |
| Dan Chinsupakul | Ex Director | Profile | |
| Arak Ratboriharn | CEO Director | Profile | |
| Prasong Hanpiyavatanasakul | Ex Director | Profile | |
| Thitipan Phisutthanakanjana | Human Mang | Profile | |
| Yuth Chinsupakul | Ex Board | Profile |