Crown Seal Correlations

CSC Stock

THB 46.25 0.25 0.54%

The current 90-days correlation between Crown Seal Public and Turnkey Communication Services is -0.09 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crown Seal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Seal Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Crown Seal Correlation With Market

Average diversification

The correlation between Crown Seal Public and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Crown Seal Public and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Crown Seal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Seal 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 Crown Seal - 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 Crown Seal Public to buy it.

Moving together with Crown Stock

0.71

DELTA

Delta Electronics Public

Pair Corr

Moving against Crown Stock

0.66	PTTEP	PTT Exploration	Pair Corr
0.35	PTT	PTT Public	Pair Corr
0.35	PTT-R	PTT Public	Pair Corr
0.32	AOT-R	Airports of Thailand	Pair Corr

Related Correlations Analysis

	TKC	PRAPAT	CPW	SAT	CSS	SICT	UP	KWM
TKC		0.23	0.8	0.85	-0.37	0.68	0.18	0.65	TKC
PRAPAT	0.23		0.45	0.44	0.48	-0.35	0.19	0.53	PRAPAT
CPW	0.8	0.45		0.9	-0.24	0.3	0.48	0.75	CPW
SAT	0.85	0.44	0.9		-0.14	0.46	0.43	0.87	SAT
CSS	-0.37	0.48	-0.24	-0.14		-0.6	-0.19	0.04	CSS
SICT	0.68	-0.35	0.3	0.46	-0.6		-0.02	0.34	SICT
UP	0.18	0.19	0.48	0.43	-0.19	-0.02		0.34	UP
KWM	0.65	0.53	0.75	0.87	0.04	0.34	0.34		KWM
	TKC	PRAPAT	CPW	SAT	CSS	SICT	UP	KWM

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

SAT	+ 0.9	CPW
KWM	+ 0.87	SAT
SAT	+ 0.85	TKC
CPW	+ 0.8	TKC
KWM	+ 0.75	CPW
SICT	+ 0.68	TKC

High negative correlations

SICT	- 0.6	CSS
CSS	- 0.37	TKC
SICT	- 0.35	PRAPAT
CSS	- 0.24	CPW
UP	- 0.19	CSS
CSS	- 0.14	SAT

Risk-Adjusted Indicators

There is a big difference between Crown Stock performing well and Crown Seal 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 Crown Seal'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
TKC	1.64	(0.40)	0.00	5.52	0.00	0.00	3.50	(3.70)	15.89
PRAPAT	1.43	(0.07)	0.00	(0.30)	0.00	0.00	4.11	(2.94)	12.44
CPW	1.57	(0.45)	0.00	(1.00)	0.00	0.00	3.23	(3.42)	10.82
SAT	1.01	(0.15)	0.00	(37.08)	0.00	0.00	2.34	(1.79)	8.74
CSS	1.90	0.24	0.01	(0.19)	1.87	(3.29)	6.25	(4.04)	16.73
SICT	2.58	(0.26)	0.00	(1.38)	0.00	0.00	6.84	(5.53)	28.36
UP	0.94	(0.04)	0.00	(0.15)	0.00	0.00	2.38	(2.89)	10.76
KWM	1.04	(0.05)	0.00	(0.25)	0.00	0.00	2.48	(2.31)	6.20

Be your own money manager

Our tools can tell you how much better you can do entering a position in Crown Seal 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 Funds Screener Now

Funds Screener

Find actively-traded funds from around the world traded on over 30 global exchanges

All Next

Launch Module

Crown Seal Corporate Management

Elected by the shareholders, the Crown Seal's board of directors comprises two types of representatives: Crown Seal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crown. The board's role is to monitor Crown Seal's management team and ensure that shareholders' interests are well served. Crown Seal'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, Crown Seal's outside directors are responsible for providing unbiased perspectives on the board's policies.

Ruj Tantsetthi	VP Technical	Profile
Opart Dhanvarjor	President	Profile
Naruporn Arunpraphan	VP Sales	Profile
Peerasage Sopakanit	VP Accounting	Profile
Yukihito Nozaki	Sr Director	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC