Rich Sport Correlations
| RSP Stock | THB 1.92 0.01 0.52% |
The current 90-days correlation between Rich Sport Public and Karmarts Public is 0.12 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rich Sport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rich Sport Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Rich Sport Correlation With Market
Good diversification
The correlation between Rich Sport Public 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 Rich Sport Public and DJI in the same portfolio, assuming nothing else is changed.
Rich |
The ability to find closely correlated positions to Rich Sport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rich Sport 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 Rich Sport - 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 Rich Sport Public to buy it.
Moving together with Rich Stock
Moving against Rich Stock
Related Correlations Analysis
| -0.29 | -0.41 | -0.16 | -0.5 | SAMART | ||
| -0.29 | 0.6 | 0.26 | 0.3 | JAS | ||
| -0.41 | 0.6 | 0.64 | 0.51 | JMART | ||
| -0.16 | 0.26 | 0.64 | 0.54 | MC | ||
| -0.5 | 0.3 | 0.51 | 0.54 | KAMART | ||
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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 Rich Stock performing well and Rich Sport 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 Rich Sport'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAMART | 1.30 | 0.21 | 0.04 | 14.50 | 1.54 | 4.76 | 11.97 | |||
| JAS | 2.04 | (0.10) | 0.00 | 0.30 | 0.00 | 5.31 | 22.87 | |||
| JMART | 1.84 | (0.36) | 0.00 | (0.54) | 0.00 | 3.42 | 10.60 | |||
| MC | 1.10 | 0.07 | (0.05) | (0.12) | 1.21 | 2.50 | 10.59 | |||
| KAMART | 1.99 | (0.07) | 0.00 | 0.45 | 0.00 | 4.21 | 14.95 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rich Sport 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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Rich Sport Corporate Management
Elected by the shareholders, the Rich Sport's board of directors comprises two types of representatives: Rich Sport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rich. The board's role is to monitor Rich Sport's management team and ensure that shareholders' interests are well served. Rich Sport'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, Rich Sport's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Somroj Sirisophana | COO Director | Profile | |
| Papitch Wongpaitoonpiya | CEO Director | Profile | |
| Kanjana Prommasakul | Chief Officer | Profile | |
| Pasawich Wongpaitoonpiya | Bus Sec | Profile | |
| Nimit Supornprasert | Chief Director | Profile |