Saha Pathanapibul Correlations
| SPC Stock | THB 57.50 0.75 1.29% |
The current 90-days correlation between Saha Pathanapibul Public and Saha Pathana Inter Holding is 0.17 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Saha Pathanapibul moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saha Pathanapibul Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Saha Pathanapibul Correlation With Market
Good diversification
The correlation between Saha Pathanapibul Public and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saha Pathanapibul Public and DJI in the same portfolio, assuming nothing else is changed.
Saha |
The ability to find closely correlated positions to Saha Pathanapibul could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saha Pathanapibul 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 Saha Pathanapibul - 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 Saha Pathanapibul Public to buy it.
Moving against Saha Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Saha Stock performing well and Saha Pathanapibul 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 Saha Pathanapibul'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPI | 0.93 | (0.14) | 0.00 | 0.36 | 0.00 | 2.56 | 9.81 | |||
| BJC | 1.16 | (0.10) | 0.00 | (0.39) | 0.00 | 2.27 | 7.00 | |||
| QH | 0.66 | (0.15) | 0.00 | (0.28) | 0.00 | 1.18 | 4.00 | |||
| PB | 0.64 | (0.07) | 0.00 | (0.29) | 0.00 | 1.69 | 4.22 | |||
| TVO | 0.65 | (0.22) | 0.00 | 1.39 | 0.00 | 1.32 | 4.62 |
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Saha Pathanapibul Corporate Management
Elected by the shareholders, the Saha Pathanapibul's board of directors comprises two types of representatives: Saha Pathanapibul inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Saha. The board's role is to monitor Saha Pathanapibul's management team and ensure that shareholders' interests are well served. Saha Pathanapibul'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, Saha Pathanapibul's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vora Punkamol | Member Board | Profile | |
| Siriwan Wongariyakavee | Financial CFO | Profile | |
| Siriporn Lekayavijitr | Head Board | Profile | |
| Parinya Sithidumrong | Marketing Board | Profile | |
| Pasook Raksawonkse | Vice Director | Profile |