Saksiam Leasing Correlations
| SAK Stock | THB 4.06 0.12 2.87% |
The current 90-days correlation between Saksiam Leasing Public and Srisawad Power 1979 is 0.53 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Saksiam Leasing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saksiam Leasing Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Saksiam Leasing Correlation With Market
Average diversification
The correlation between Saksiam Leasing Public and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saksiam Leasing Public and DJI in the same portfolio, assuming nothing else is changed.
Saksiam |
The ability to find closely correlated positions to Saksiam Leasing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saksiam Leasing 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 Saksiam Leasing - 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 Saksiam Leasing Public to buy it.
Moving together with Saksiam Stock
Moving against Saksiam Stock
| 0.71 | KTC | Krungthai Card PCL | PairCorr |
| 0.63 | KTC-R | Krungthai Card Public | PairCorr |
| 0.61 | AOT-R | Airports of Thailand | PairCorr |
| 0.6 | SCB | SCB X Public | PairCorr |
| 0.56 | DELTA-R | Delta Electronics Public | PairCorr |
| 0.41 | AEONTS-R | AEON Thana Sinsap | PairCorr |
| 0.41 | PTTEP | PTT Exploration | PairCorr |
Related Correlations Analysis
| 0.44 | 0.0 | -0.22 | 0.7 | SAWAD | ||
| 0.44 | 0.17 | -0.63 | 0.33 | MTC | ||
| 0.0 | 0.17 | -0.36 | 0.21 | MICRO | ||
| -0.22 | -0.63 | -0.36 | -0.48 | KTC | ||
| 0.7 | 0.33 | 0.21 | -0.48 | AEONTS | ||
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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 Saksiam Stock performing well and Saksiam Leasing 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 Saksiam Leasing'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAWAD | 1.95 | (0.16) | 0.00 | (0.23) | 0.00 | 3.85 | 20.86 | |||
| MTC | 1.55 | (0.05) | 0.00 | (0.15) | 0.00 | 2.91 | 8.89 | |||
| MICRO | 1.94 | (0.23) | 0.00 | (0.55) | 0.00 | 5.26 | 11.47 | |||
| KTC | 0.90 | 0.05 | 0.08 | 0.06 | 1.11 | 1.97 | 5.17 | |||
| AEONTS | 1.68 | (0.20) | 0.00 | (0.35) | 0.00 | 2.94 | 10.45 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Saksiam Leasing 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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Saksiam Leasing Corporate Management
Elected by the shareholders, the Saksiam Leasing's board of directors comprises two types of representatives: Saksiam Leasing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Saksiam. The board's role is to monitor Saksiam Leasing's management team and ensure that shareholders' interests are well served. Saksiam Leasing'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, Saksiam Leasing's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nutthaphon Phumsiriroj | Ex Division | Profile | |
| Siwaphong Boonsalee | MD Director | Profile | |
| Phoonsak Boonsalee | CEO Director | Profile | |
| Tippamas Lamcharoen | Company Admin | Profile | |
| Jintana Boonsalee | Deputy Director | Profile | |
| Sopida Suksai | Exec Admin | Profile | |
| Renu Wilasri | Acting Division | Profile |