TISCO Financial Correlations
| TISCO Stock | THB 96.25 0.50 0.52% |
The current 90-days correlation between TISCO Financial Group and Kiatnakin Phatra Bank is 0.37 (i.e., Weak diversification). The correlation of TISCO Financial 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.
TISCO Financial Correlation With Market
Significant diversification
The correlation between TISCO Financial Group and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TISCO Financial Group and DJI in the same portfolio, assuming nothing else is changed.
TISCO |
The ability to find closely correlated positions to TISCO Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TISCO Financial 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 TISCO Financial - 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 TISCO Financial Group to buy it.
Moving together with TISCO Stock
| 0.64 | GRAMMY | GMM Grammy Public | PairCorr |
| 0.76 | ROJNA | Rojana Industrial Park | PairCorr |
| 0.67 | ACC | Advanced Connection | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between TISCO Stock performing well and TISCO Financial 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 TISCO Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KBANK | 0.85 | 0.09 | (0.01) | 0.52 | 0.95 | 1.99 | 7.02 | |||
| KKP | 1.47 | 0.37 | 0.15 | (2.00) | 1.19 | 4.02 | 10.37 | |||
| SCB | 0.77 | 0.13 | 0.02 | 4.08 | 0.59 | 2.38 | 7.76 | |||
| BBL | 0.97 | 0.14 | 0.03 | 1.06 | 0.97 | 2.15 | 8.21 | |||
| TCAP | 0.82 | 0.06 | (0.06) | (0.25) | 0.94 | 1.54 | 4.95 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in TISCO Financial 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 Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
TISCO Financial Corporate Management
Elected by the shareholders, the TISCO Financial's board of directors comprises two types of representatives: TISCO Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TISCO. The board's role is to monitor TISCO Financial's management team and ensure that shareholders' interests are well served. TISCO Financial'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, TISCO Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dulyarat Taveebhol | Head Compliance | Profile | |
| Kwannapa Ampornvisaroot | Head Investment | Profile | |
| Thirapatou Sihanartkatakul | IR Expert | Profile | |
| Chutintorn Vigasi | Head Accounting | Profile | |
| Nudtinee Suwanpanitch | Head Office | Profile |