Univentures Public Correlations
| UV Stock | THB 1.49 0.05 3.25% |
The current 90-days correlation between Univentures Public and Bangkok Bank Public is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Univentures Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Univentures Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Univentures Public Correlation With Market
Average diversification
The correlation between Univentures Public and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Univentures Public and DJI in the same portfolio, assuming nothing else is changed.
Univentures |
The ability to find closely correlated positions to Univentures 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 Univentures 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 Univentures 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 Univentures Public to buy it.
Moving together with Univentures Stock
Moving against Univentures Stock
| 0.81 | DELTA | Delta Electronics Public | PairCorr |
| 0.68 | SAM | Samchai Steel Industries | PairCorr |
| 0.68 | COM7 | Com7 PCL | PairCorr |
| 0.51 | ADVANC | Advanced Info Service | PairCorr |
| 0.42 | GULF | Gulf Energy Development | PairCorr |
| 0.33 | ASN | ASN Broker Public | PairCorr |
Related Correlations Analysis
| 0.6 | 0.28 | -0.46 | 0.36 | BBL | ||
| 0.6 | 0.75 | -0.88 | 0.04 | SCC | ||
| 0.28 | 0.75 | -0.74 | 0.21 | PTT | ||
| -0.46 | -0.88 | -0.74 | -0.08 | SCB | ||
| 0.36 | 0.04 | 0.21 | -0.08 | KTB | ||
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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 Univentures Stock performing well and Univentures 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 Univentures 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBL | 0.79 | (0.09) | 0.00 | (0.35) | 0.00 | 1.66 | 4.01 | |||
| SCC | 1.40 | (0.62) | 0.00 | 3.41 | 0.00 | 2.44 | 9.27 | |||
| PTT | 0.76 | (0.11) | 0.00 | (1.70) | 0.00 | 2.24 | 5.32 | |||
| SCB | 0.66 | 0.06 | 0.03 | (0.94) | 0.70 | 1.37 | 5.82 | |||
| KTB | 0.86 | 0.00 | (0.02) | 0.04 | 1.24 | 1.48 | 6.20 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Univentures 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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Univentures Public Corporate Management
Elected by the shareholders, the Univentures Public's board of directors comprises two types of representatives: Univentures Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Univentures. The board's role is to monitor Univentures Public's management team and ensure that shareholders' interests are well served. Univentures 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, Univentures Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sirirat Juntarapisut | VP Department | Profile | |
| Photchani Thanawaranit | Chairman of the Board, Independent Director | Profile | |
| Pornchai Katejinakul | Company Audit | Profile | |
| Norarat Limnorarat | Non-Executive Director | Profile | |
| Panote Sirivadhanabhakdi | Chairman of the Executive Board, Vice Chairman of the Board, Director | Profile | |
| Chutima Thunyasub | Acting Vice President Accounting Department | Profile | |
| Atchariya Angsutam | VP Department | Profile |