TRC Construction Correlations
| TRC Stock | THB 1.37 0.18 15.13% |
The current 90-days correlation between TRC Construction Public and Tata Steel Public is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TRC Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TRC Construction Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
TRC Construction Correlation With Market
Modest diversification
The correlation between TRC Construction Public and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TRC Construction Public and DJI in the same portfolio, assuming nothing else is changed.
TRC |
The ability to find closely correlated positions to TRC Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TRC Construction 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 TRC Construction - 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 TRC Construction Public to buy it.
Moving together with TRC Stock
Moving against TRC Stock
| 0.45 | EE | Eternal Energy Public | PairCorr |
| 0.32 | INTUCH-R | Intouch Holdings Public | PairCorr |
| 0.32 | INTUCH | Intouch Holdings Public | PairCorr |
Related Correlations Analysis
| -0.03 | 0.2 | -0.17 | 0.36 | TSTH | ||
| -0.03 | 0.76 | 0.91 | 0.88 | TTCL | ||
| 0.2 | 0.76 | 0.66 | 0.82 | THREL | ||
| -0.17 | 0.91 | 0.66 | 0.76 | TFG | ||
| 0.36 | 0.88 | 0.82 | 0.76 | TMT | ||
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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
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Risk-Adjusted Indicators
There is a big difference between TRC Stock performing well and TRC Construction 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 TRC Construction'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TSTH | 1.93 | 0.34 | 0.07 | 1.62 | 1.89 | 4.76 | 18.31 | |||
| TTCL | 1.21 | (0.43) | 0.00 | 3.16 | 0.00 | 2.17 | 12.14 | |||
| THREL | 1.01 | 0.00 | (0.08) | 0.14 | 1.12 | 2.21 | 11.54 | |||
| TFG | 1.21 | (0.43) | 0.00 | (2.63) | 0.00 | 1.86 | 8.52 | |||
| TMT | 1.24 | (0.36) | 0.00 | 6.23 | 0.00 | 0.61 | 25.06 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in TRC Construction 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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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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TRC Construction Corporate Management
Elected by the shareholders, the TRC Construction's board of directors comprises two types of representatives: TRC Construction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TRC. The board's role is to monitor TRC Construction's management team and ensure that shareholders' interests are well served. TRC Construction'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, TRC Construction's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Podchanee Phaosavasdi | VP Officer | Profile | |
| Pasit Leesakul | Acting CEO | Profile | |
| Rewadee Ardharn | Accounting Mang | Profile | |
| Eng Loh | Chief Officer | Profile | |
| Phanalee Noragitt | Chief Officer | Profile |