Premier Marketing Correlations

PM Stock  THB 9.35  0.10  1.06%   
The current 90-days correlation between Premier Marketing Public and Minor International Public is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Premier Marketing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premier Marketing Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Premier Marketing Correlation With Market

Good diversification

The correlation between Premier Marketing Public and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Premier Marketing Public and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Premier Marketing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premier Marketing 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 Premier Marketing - 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 Premier Marketing Public to buy it.

Moving together with Premier Stock

  0.76GRAMMY GMM Grammy PublicPairCorr
  0.82RCL Regional Container LinesPairCorr

Moving against Premier Stock

  0.8CFRESH Seafresh Industry PublicPairCorr

Related Correlations Analysis

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Be your own money manager

Our tools can tell you how much better you can do entering a position in Premier Marketing 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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Premier Marketing Corporate Management

Elected by the shareholders, the Premier Marketing's board of directors comprises two types of representatives: Premier Marketing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Premier. The board's role is to monitor Premier Marketing's management team and ensure that shareholders' interests are well served. Premier Marketing'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, Premier Marketing's outside directors are responsible for providing unbiased perspectives on the board's policies.
Naengnoi ChaionnormIndependent DirectorProfile
Phornsak SinkhanarakDeputy Managing Director of Marketing 1Profile
Mali SukhaarichaiAssistant Managing Director of Marketing 2Profile
Wichai HiranwongIndependent DirectorProfile
Chuchip UeakanDeputy Managing Director of Human Resources and AdministrationProfile
Sophaphorn LueangamornnaraAssistant Managing Director of Finance and AccountingProfile
Pitoon PungvirawatAssistant SalesProfile