Ama Marine Correlations
| AMA Stock | THB 4.20 0.04 0.96% |
The current 90-days correlation between Ama Marine Public and Namyong Terminal PCL is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ama Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ama Marine Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Ama Marine Correlation With Market
Modest diversification
The correlation between Ama Marine Public and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ama Marine Public and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Ama Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ama Marine 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 Ama Marine - 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 Ama Marine Public to buy it.
Related Correlations Analysis
| -0.35 | 0.86 | 0.18 | 0.29 | NYT | ||
| -0.35 | -0.43 | -0.09 | 0.03 | PRM | ||
| 0.86 | -0.43 | 0.07 | 0.26 | PSL | ||
| 0.18 | -0.09 | 0.07 | -0.03 | VIBHA | ||
| 0.29 | 0.03 | 0.26 | -0.03 | ERW | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Ama Stock performing well and Ama Marine 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 Ama Marine'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NYT | 1.13 | 0.03 | (0.05) | (0.01) | 1.47 | 2.55 | 6.18 | |||
| PRM | 1.29 | 0.17 | 0.01 | (0.34) | 1.62 | 2.45 | 7.78 | |||
| PSL | 1.65 | (0.13) | 0.00 | 0.97 | 0.00 | 3.02 | 10.54 | |||
| VIBHA | 1.03 | (0.08) | 0.00 | 0.48 | 0.00 | 2.06 | 7.33 | |||
| ERW | 1.39 | 0.19 | 0.02 | (0.39) | 1.46 | 4.17 | 14.40 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ama Marine 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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Ama Marine Corporate Management
Elected by the shareholders, the Ama Marine's board of directors comprises two types of representatives: Ama Marine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ama. The board's role is to monitor Ama Marine's management team and ensure that shareholders' interests are well served. Ama Marine'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, Ama Marine's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sakchai Rutchakitprakarn | Assistant Sec | Profile | |
| Onuma Visansavadh | Purchasing Mang | Profile | |
| Sittipong Chinthangor | Technical Mang | Profile | |
| Somruthai Sangsri | HR Mang | Profile | |
| Sirakan Sripromchai | Marketing Mang | Profile | |
| Thanitsorn Krammart | F Mang | Profile | |
| Premmanat Touhim | Mang Operation | Profile |