Kiattana Transport Correlations
| KIAT Stock | THB 0.32 0.01 3.03% |
The current 90-days correlation between Kiattana Transport Public and Namyong Terminal PCL is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kiattana Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kiattana Transport Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Kiattana Transport Correlation With Market
Weak diversification
The correlation between Kiattana Transport Public and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kiattana Transport Public and DJI in the same portfolio, assuming nothing else is changed.
Kiattana |
The ability to find closely correlated positions to Kiattana Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kiattana Transport 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 Kiattana Transport - 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 Kiattana Transport Public to buy it.
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Kiattana Stock performing well and Kiattana Transport 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 Kiattana Transport'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NYT | 1.16 | (0.04) | 0.00 | 0.29 | 0.00 | 2.53 | 6.18 | |||
| HFT | 0.60 | (0.11) | 0.00 | (2.51) | 0.00 | 1.78 | 6.56 | |||
| JMART | 2.27 | 0.07 | (0.02) | (0.43) | 2.56 | 4.58 | 19.28 | |||
| IRPC | 1.48 | (0.12) | 0.00 | (0.82) | 0.00 | 4.05 | 19.84 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kiattana Transport 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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Kiattana Transport Corporate Management
Elected by the shareholders, the Kiattana Transport's board of directors comprises two types of representatives: Kiattana Transport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kiattana. The board's role is to monitor Kiattana Transport's management team and ensure that shareholders' interests are well served. Kiattana Transport'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, Kiattana Transport's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mek Monserinusorn | Deputy Marketing | Profile | |
| Sujitra Monsereenusorn | Chief Officer | Profile | |
| Nannapat Thiengtham | Company Sec | Profile | |
| Wipa Tuntithanakornkul | Chief Sec | Profile | |
| Surachet Nainapalert | Chief Officer | Profile |