Srisawad Public Correlations
| SAWAD-R Stock | THB 39.25 4.53 10.35% |
The current 90-days correlation between Srisawad Public and Srisawad Power 1979 is 0.07 (i.e., Significant diversification). The correlation of Srisawad Public 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Srisawad Public Correlation With Market
Significant diversification
The correlation between Srisawad Public and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Srisawad Public and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Srisawad Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Srisawad Public 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 Srisawad Public - 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 Srisawad Public to buy it.
Moving together with Srisawad Stock
Moving against Srisawad Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Srisawad Stock performing well and Srisawad Public 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 Srisawad Public'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Srisawad Public 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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Srisawad Public Corporate Management
Elected by the shareholders, the Srisawad Public's board of directors comprises two types of representatives: Srisawad Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Srisawad. The board's role is to monitor Srisawad Public's management team and ensure that shareholders' interests are well served. Srisawad Public'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, Srisawad Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thida Kaewbootta | Investor Officer | Profile | |
| Chatchai Kaewbootta | CEO Director | Profile | |
| Somyot Ngerndumrong | VP Director | Profile | |
| Watchabooraya SurasingSarit | VP Department | Profile | |
| Doungchai Kaewbootta | MD Director | Profile | |
| Prayong Saennual | VP HR | Profile | |
| Chomchaba Sathapornpong | Company Sec | Profile |