Thai Beverage Correlations
| T6W Stock | EUR 0.37 0.01 2.63% |
The current 90-days correlation between Thai Beverage Public and Rmy Cointreau SA is -0.12 (i.e., Good diversification). The correlation of Thai Beverage 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.
Thai Beverage Correlation With Market
Good diversification
The correlation between Thai Beverage Public and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Thai Beverage Public and DJI in the same portfolio, assuming nothing else is changed.
Thai |
The ability to find closely correlated positions to Thai Beverage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thai Beverage 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 Thai Beverage - 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 Thai Beverage Public to buy it.
Moving together with Thai Stock
Moving against Thai Stock
Related Correlations Analysis
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Our tools can tell you how much better you can do entering a position in Thai Beverage 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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Thai Beverage Corporate Management
Elected by the shareholders, the Thai Beverage's board of directors comprises two types of representatives: Thai Beverage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thai. The board's role is to monitor Thai Beverage's management team and ensure that shareholders' interests are well served. Thai Beverage'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, Thai Beverage's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charoen Sirivadhanabhakdi | Ex Chairman | Profile | |
| Khunying Sirivadhanabhakdi | 1st Chairman | Profile | |
| Prapakon Thongtheppairot | Chief EVP | Profile | |
| Namfon Aungsutornrungsi | Head Department | Profile | |
| Ueychai TanthaObhas | COO, EVP | Profile | |
| Thapana Sirivadhanabhakdi | CEO and President | Profile | |
| Sitra Horsinchai | Legal Officer | Profile |