Kingsmen CMTI Correlations
| K Stock | THB 1.19 0.05 4.39% |
The current 90-days correlation between Kingsmen CMTI Public and TKS Technologies Public is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kingsmen CMTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kingsmen CMTI Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Kingsmen CMTI Correlation With Market
Average diversification
The correlation between Kingsmen CMTI Public and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kingsmen CMTI Public and DJI in the same portfolio, assuming nothing else is changed.
Kingsmen |
The ability to find closely correlated positions to Kingsmen CMTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kingsmen CMTI 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 Kingsmen CMTI - 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 Kingsmen CMTI Public to buy it.
Related Correlations Analysis
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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 Kingsmen Stock performing well and Kingsmen CMTI 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 Kingsmen CMTI'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| COM7 | 1.77 | 0.20 | 0.04 | (1.86) | 1.90 | 3.92 | 12.15 | |||
| TKS | 0.83 | (0.36) | 0.00 | (1.43) | 0.00 | 1.95 | 5.77 | |||
| RJH | 1.11 | (0.04) | 0.00 | (0.52) | 0.00 | 2.28 | 13.77 | |||
| ERW | 1.39 | 0.19 | 0.02 | (0.39) | 1.46 | 4.17 | 14.40 | |||
| ACG | 2.66 | 0.20 | 0.06 | 0.25 | 2.74 | 4.82 | 39.29 | |||
| XPG | 1.89 | 0.07 | 0.00 | 0.50 | 2.19 | 5.21 | 17.02 | |||
| DITTO | 2.30 | (0.05) | (0.03) | (0.01) | 2.86 | 5.98 | 16.48 | |||
| JMART-R | 0.53 | (0.16) | 0.00 | (1.26) | 0.00 | 0.82 | 17.85 | |||
| AOT | 0.82 | 0.06 | (0.05) | (0.41) | 0.85 | 2.07 | 5.57 | |||
| ETE | 1.45 | (0.15) | 0.00 | 0.45 | 0.00 | 3.74 | 9.12 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kingsmen CMTI 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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Kingsmen CMTI Corporate Management
Elected by the shareholders, the Kingsmen CMTI's board of directors comprises two types of representatives: Kingsmen CMTI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kingsmen. The board's role is to monitor Kingsmen CMTI's management team and ensure that shareholders' interests are well served. Kingsmen CMTI'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, Kingsmen CMTI's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Pravit Sribanditmongkol | Director MD | Profile | |
| Chayawat Pisessith | Chairman Advisor | Profile | |
| Phattharin Lawtrakulngam | Company Sec | Profile | |
| Bancha Limwornrat | Interior Consultant | Profile | |
| Poonsook Pisessith | Director CFO | Profile | |
| Miss Ratananen | Ex Director | Profile | |
| Rujira Jaided | Acting Accountant | Profile |