Regal Holding Correlations
| 4807 Stock | 17.55 0.30 1.74% |
The correlation of Regal Holding 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Regal Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Regal Holding Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Average diversification
The correlation between Regal Holding Co and NYA 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 Regal Holding Co and NYA in the same portfolio, assuming nothing else is changed.
Regal |
The ability to find closely correlated positions to Regal Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regal Holding 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 Regal Holding - 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 Regal Holding Co to buy it.
Moving against Regal Stock
Related Correlations Analysis
| -0.02 | 0.13 | -0.2 | -0.17 | 5906 | ||
| -0.02 | -0.5 | -0.58 | -0.44 | 8443 | ||
| 0.13 | -0.5 | 0.16 | 0.1 | 2939 | ||
| -0.2 | -0.58 | 0.16 | 0.95 | 5907 | ||
| -0.17 | -0.44 | 0.1 | 0.95 | 2929 | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Regal Stock performing well and Regal Holding 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 Regal Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 5906 | 1.23 | 0.02 | (0.02) | 3.91 | 1.86 | 3.21 | 12.19 | |||
| 8443 | 0.87 | 0.05 | 0.00 | 0.34 | 1.08 | 2.46 | 9.48 | |||
| 2939 | 1.05 | (0.27) | 0.00 | 9.51 | 0.00 | 2.90 | 9.54 | |||
| 5907 | 1.33 | (0.21) | 0.00 | 0.52 | 0.00 | 3.02 | 12.80 | |||
| 2929 | 1.06 | (0.28) | 0.00 | 1.96 | 0.00 | 2.52 | 8.14 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Regal Holding 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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Regal Holding Corporate Management
Elected by the shareholders, the Regal Holding's board of directors comprises two types of representatives: Regal Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Regal. The board's role is to monitor Regal Holding's management team and ensure that shareholders' interests are well served. Regal Holding'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, Regal Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Phacharapon Phaiboonsuntorn | Chairman RD | Profile | |
| HsiuLi Cheng | VP sales | Profile | |
| ChiuI Lin | Deputy Director | Profile | |
| Sarayuth Mungchitvitsavakorn | Director Production | Profile | |
| JuYing Lin | CEO GM | Profile | |
| Narissa Arit | Director Supervisor | Profile |
Already Invested in Regal Holding Co?
The danger of trading Regal Holding Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Regal Holding is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Regal Holding. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Regal Holding is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Regal Holding Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Regal Stock analysis
When running Regal Holding's price analysis, check to measure Regal Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Regal Holding is operating at the current time. Most of Regal Holding's value examination focuses on studying past and present price action to predict the probability of Regal Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Regal Holding's price. Additionally, you may evaluate how the addition of Regal Holding to your portfolios can decrease your overall portfolio volatility.
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