Ratch Group Correlations

RATCH Stock

THB 31.25 0.75 2.34%

The current 90-days correlation between Ratch Group Public and SAAM Energy Development is 0.17 (i.e., Average diversification). The correlation of Ratch Group 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.

Ratch Group Correlation With Market

Poor diversification

The correlation between Ratch Group Public and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ratch Group Public and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Ratch Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ratch Group 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 Ratch Group - 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 Ratch Group Public to buy it.

Moving together with Ratch Stock

0.71	TRUE	True Public	Pair Corr
0.84	AWC	Asset World Corp Earnings Call This Week	Pair Corr
0.88	BAREIT	BA Airport Leasehold	Pair Corr
0.75	SPCG	SPCG Public	Pair Corr
0.81	ERW	Erawan Group	Pair Corr
0.79	ALT	ALT Telecom Public	Pair Corr
0.82	CENTEL	Central Plaza Hotel Earnings Call Tomorrow	Pair Corr
0.87	JR	JRW Utility Public	Pair Corr
0.71	MOSHI	Moshi Moshi Retail	Pair Corr
0.81	NNCL	Nava Nakorn Public	Pair Corr
0.78	NOBLE	Noble Development Public	Pair Corr
0.79	Q-CON	Quality Construction	Pair Corr
0.77	SIRI	Siri Prime Office Earnings Call This Week	Pair Corr
0.82	BTNC	Boutique Newcity Public	Pair Corr
0.75	YUASA	Yuasa Battery Public	Pair Corr
0.72	BAFS	Bangkok Aviation Fuel	Pair Corr
0.85	TTW	TTW Public Earnings Call Tomorrow	Pair Corr
0.89	AYUD	Allianz Ayudhya Capital	Pair Corr
0.66	SAV	Samart Aviation Solutions	Pair Corr
0.66	GUNKUL	Gunkul Engineering Public Earnings Call This Week	Pair Corr
0.61	PMC	PMC LABEL MATERIALS	Pair Corr

Moving against Ratch Stock

0.6	EMC	EMC Public	Pair Corr
0.61	NKI	Navakij Insurance	Pair Corr

Related Correlations Analysis

	SSP	BBGI	TGE	SUPER	WP	EP	SAAM
SSP		0.02	0.07	0.53	-0.11	0.52	-0.22	SSP
BBGI	0.02		0.35	0.58	-0.01	0.07	-0.18	BBGI
TGE	0.07	0.35		0.38	0.2	0.03	0.08	TGE
SUPER	0.53	0.58	0.38		-0.19	0.35	-0.23	SUPER
WP	-0.11	-0.01	0.2	-0.19		-0.1	0.04	WP
EP	0.52	0.07	0.03	0.35	-0.1		0.15	EP
SAAM	-0.22	-0.18	0.08	-0.23	0.04	0.15		SAAM
	SSP	BBGI	TGE	SUPER	WP	EP	SAAM

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

SUPER	+ 0.58	BBGI
SUPER	+ 0.53	SSP
EP	+ 0.52	SSP
SUPER	+ 0.38	TGE
TGE	+ 0.35	BBGI
EP	+ 0.35	SUPER

High negative correlations

SAAM	- 0.23	SUPER
SAAM	- 0.22	SSP
WP	- 0.19	SUPER
SAAM	- 0.18	BBGI
WP	- 0.11	SSP
EP	- 0.1	WP

Risk-Adjusted Indicators

There is a big difference between Ratch Stock performing well and Ratch Group 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 Ratch Group'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
SSP	0.71	0.09	0.04	0.52	0.61	(1.13)	1.85	(1.27)	4.46
BBGI	0.90	0.15	0.07	3.52	0.72	(1.77)	2.99	(1.85)	6.76
TGE	1.35	0.02	(0.03)	0.01	1.67	(1.95)	3.79	(3.60)	10.57
SUPER	3.45	0.34	0.02	(0.28)	4.05	(9.79)	10.00	(9.09)	19.09
WP	0.24	(0.02)	0.00	1.62	0.00	0.00	0.53	(0.53)	3.22
EP	1.06	0.04	0.00	0.18	1.20	(1.83)	2.59	(2.44)	6.01
SAAM	1.71	(0.07)	0.00	(0.05)	0.00	0.00	3.81	(2.88)	34.12

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ratch Group 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 Alpha Finder Now

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC