Union Auction Correlations
| AUCT Stock | THB 6.45 0.15 2.27% |
The current 90-days correlation between Union Auction Public and Forth Smart Service is -0.22 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Union Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Auction Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Union Auction Correlation With Market
Significant diversification
The correlation between Union Auction Public and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Union Auction Public and DJI in the same portfolio, assuming nothing else is changed.
Union |
The ability to find closely correlated positions to Union Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Auction 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 Union Auction - 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 Union Auction Public to buy it.
Moving together with Union Stock
| 0.61 | PTG | PTG Energy PCL | PairCorr |
| 0.87 | KLINIQ | Klinique Med | PairCorr |
| 0.62 | DITTO | Ditto Public | PairCorr |
| 0.65 | BEM-R | Bangkok Expressway and | PairCorr |
| 0.87 | SPA | Siam Wellness Group | PairCorr |
| 0.62 | UEC | Unimit Engineering Public | PairCorr |
| 0.74 | CPN | Central Pattana Public | PairCorr |
Moving against Union Stock
| 0.35 | DELTA | Delta Electronics Public Earnings Call This Week | PairCorr |
| 0.7 | EA | Energy Absolute Public | PairCorr |
| 0.69 | BJCHI | BJC Heavy Industries | PairCorr |
| 0.67 | WINNER | Winner Group Enterprise | PairCorr |
| 0.56 | HL | Healthlead Public | PairCorr |
| 0.49 | ICC | ICC International Public Split | PairCorr |
| 0.39 | HFT | Hwa Fong Rubber | PairCorr |
| 0.35 | ATP30 | ATP 30 Public | PairCorr |
| 0.33 | BBL | Bangkok Bank PCL | PairCorr |
| 0.77 | METCO | Muramoto Electron Public | PairCorr |
| 0.7 | WIN | Wyncoast Industrial Park | PairCorr |
| 0.66 | ASEFA | Asefa Public | PairCorr |
| 0.45 | 3BBIF | 3BB INTERNET INFRAST | PairCorr |
| 0.44 | GCAP | G Capital Public | PairCorr |
| 0.43 | INGRS | Ingress Industrial Public | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Union Stock performing well and Union Auction 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 Union Auction'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AP | 1.90 | 0.17 | 0.00 | (0.40) | 1.76 | 4.80 | 9.76 | |||
| CBG | 2.00 | (0.08) | 0.00 | (0.18) | 0.00 | 4.10 | 12.34 | |||
| FSMART | 2.45 | 0.22 | 0.03 | 1.85 | 2.54 | 5.51 | 13.81 | |||
| COM7 | 1.86 | 0.34 | 0.07 | (0.66) | 1.85 | 5.64 | 13.95 | |||
| EKH | 0.58 | (0.03) | 0.00 | 0.83 | 0.00 | 1.34 | 3.42 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Union Auction 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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Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
Union Auction Corporate Management
Elected by the shareholders, the Union Auction's board of directors comprises two types of representatives: Union Auction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Union. The board's role is to monitor Union Auction's management team and ensure that shareholders' interests are well served. Union Auction'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, Union Auction's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sutee Samathi | Deputy Division | Profile | |
| Suchol Ratchaya | Chief Officer | Profile | |
| Nuntanit Rachakit | Company Sec | Profile | |
| Chittra Chantakui | Assistant Dept | Profile | |
| Sarawut Charuchinda | Director | Profile |