Internet Thailand Correlations
| INET Stock | THB 6.60 0.30 4.35% |
The current 90-days correlation between Internet Thailand Public and Jasmine International Public is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Internet Thailand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Internet Thailand Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Internet Thailand Correlation With Market
Good diversification
The correlation between Internet Thailand Public and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Internet Thailand Public and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Internet Thailand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Internet Thailand 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 Internet Thailand - 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 Internet Thailand Public to buy it.
Moving against Internet Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Internet Stock performing well and Internet Thailand 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 Internet Thailand'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JAS | 2.05 | (0.17) | 0.00 | (0.24) | 0.00 | 5.31 | 22.87 | |||
| HANA | 1.97 | (0.67) | 0.00 | (0.68) | 0.00 | 3.27 | 20.93 | |||
| AP | 1.34 | 0.12 | 0.01 | 1.17 | 1.38 | 3.00 | 10.37 | |||
| KCE | 1.68 | (0.61) | 0.00 | (1.13) | 0.00 | 3.23 | 16.02 | |||
| LH | 0.97 | 0.00 | (0.04) | 0.14 | 1.36 | 3.36 | 12.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Internet Thailand 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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Internet Thailand Corporate Management
Elected by the shareholders, the Internet Thailand's board of directors comprises two types of representatives: Internet Thailand inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Internet. The board's role is to monitor Internet Thailand's management team and ensure that shareholders' interests are well served. Internet Thailand'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, Internet Thailand's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anirut Hiranrak | Director | Profile | |
| Saknon Kangsumrith | VP Engineering | Profile | |
| Sahas Treetipbut | Executive Director, Director | Profile | |
| Chavalit Chindavanig | Independent Director | Profile | |
| Morragot Kulatumyotin | Acting MD | Profile | |
| Phairat Thatchayaphong | Chairman of the Board, Chairman of the Executive Board | Profile | |
| Narong Sirilertworakul | Director | Profile |