PTT PCL Correlations
| PUTRY Stock | USD 4.95 0.00 0.00% |
The current 90-days correlation between PTT PCL ADR and Repsol SA is 0.04 (i.e., Significant diversification). The correlation of PTT PCL 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. If the correlation is 0, the equities are not correlated; they are entirely random.
PTT PCL Correlation With Market
Good diversification
The correlation between PTT PCL ADR and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PTT PCL ADR and DJI in the same portfolio, assuming nothing else is changed.
PTT |
The ability to find closely correlated positions to PTT PCL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PTT PCL 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 PTT PCL - 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 PTT PCL ADR to buy it.
Moving together with PTT Pink Sheet
| 0.67 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.74 | MSB | Mesabi Trust | PairCorr |
| 0.74 | NTNX | Nutanix Earnings Call This Week | PairCorr |
| 0.89 | MRVL | Marvell Technology Earnings Call This Week | PairCorr |
| 0.85 | ALAB | Astera Labs, Common Tech Boost | PairCorr |
| 0.74 | CRWD | Crowdstrike Holdings Earnings Call This Week | PairCorr |
| 0.79 | ZM | Zoom Video Communications Earnings Call This Week | PairCorr |
| 0.79 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.73 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.84 | WMT | Walmart Aggressive Push | PairCorr |
| 0.68 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.82 | CSCO | Cisco Systems | PairCorr |
| 0.78 | T | ATT Inc Aggressive Push | PairCorr |
| 0.67 | DIS | Walt Disney Aggressive Push | PairCorr |
Moving against PTT Pink Sheet
| 0.84 | TTE | TotalEnergies SE ADR | PairCorr |
| 0.82 | TTFNF | TotalEnergies SE | PairCorr |
| 0.61 | SHEL | Shell PLC ADR | PairCorr |
| 0.59 | RYDAF | Shell PLC | PairCorr |
| 0.57 | PETR4 | Petrleo Brasileiro | PairCorr |
| 0.54 | PCCYF | PetroChina | PairCorr |
| 0.35 | AMIX | Autonomix Medical, Common Trending | PairCorr |
| 0.66 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.65 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.48 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between PTT Pink Sheet performing well and PTT PCL 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 PTT PCL'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| REPYY | 1.43 | 0.29 | 0.10 | (1.18) | 1.46 | 2.56 | 9.78 | |||
| BPAQF | 1.57 | (0.26) | 0.00 | (2.98) | 0.00 | 2.71 | 10.81 | |||
| PCCYF | 3.10 | (0.21) | 0.00 | (0.28) | 0.00 | 6.58 | 20.98 | |||
| RYDAF | 2.00 | (0.10) | 0.00 | (5.07) | 0.00 | 5.17 | 12.44 | |||
| MGYOY | 0.91 | (0.22) | 0.00 | (1.86) | 0.00 | 2.06 | 6.00 | |||
| GLPEY | 1.14 | (0.41) | 0.00 | (8.87) | 0.00 | 1.54 | 7.62 | |||
| OMVKY | 0.99 | (0.05) | 0.00 | 0.29 | 0.00 | 1.83 | 6.10 | |||
| E | 0.95 | (0.12) | 0.00 | (0.75) | 0.00 | 1.63 | 5.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PTT PCL 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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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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PTT PCL Corporate Management
| Pannalin Mahawongtikul | Chief Officer | Profile | |
| Yongyos Krongphanich | Exec Strategy | Profile | |
| Noppadol Pinsuda | Chief Group | Profile | |
| Duangporn Thiengwatanatham | Sr Affairs | Profile | |
| Nivadee Jaroensitipun | Exec PR | Profile |