Regional Container Correlations
| RCL-R Stock | THB 26.00 1.00 3.70% |
The current 90-days correlation between Regional Container Lines and Precious Shipping Public is 0.07 (i.e., Significant diversification). The correlation of Regional Container 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.
Regional Container Correlation With Market
Significant diversification
The correlation between Regional Container Lines and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Regional Container Lines and DJI in the same portfolio, assuming nothing else is changed.
Regional |
The ability to find closely correlated positions to Regional Container could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regional Container 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 Regional Container - 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 Regional Container Lines to buy it.
Moving together with Regional Stock
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Regional Container 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 Sign In To Macroaxis Now
Sign In To MacroaxisSign in to explore Macroaxis' wealth optimization platform and fintech modules |
| All Next | Launch Module |
Regional Container Corporate Management
Elected by the shareholders, the Regional Container's board of directors comprises two types of representatives: Regional Container inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Regional. The board's role is to monitor Regional Container's management team and ensure that shareholders' interests are well served. Regional Container'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, Regional Container's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Twinchok Tanthuwanit | Chief Pres | Profile | |
| Suporn Amnuaypan | Group VP | Profile | |
| Captain Tranantasin | Exec Director | Profile | |
| Charlie Chu | Exec Director | Profile | |
| Nadrudee Rungruengphon | Exec IT | Profile | |
| Sumate Tanthuwanit | Ex Director | Profile |