Twamev Construction Correlations
| TICL Stock | 33.08 1.57 4.98% |
The current 90-days correlation between Twamev Construction and and SINCLAIRS HOTELS ORD is 0.3 (i.e., Weak diversification). The correlation of Twamev Construction 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Twamev Construction Correlation With Market
Significant diversification
The correlation between Twamev Construction and and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Twamev Construction and and DJI in the same portfolio, assuming nothing else is changed.
Twamev |
The ability to find closely correlated positions to Twamev 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 Twamev 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 Twamev 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 Twamev Construction and to buy it.
Moving against Twamev Stock
| 0.91 | KEC | KEC International Earnings Call Tomorrow | PairCorr |
| 0.89 | DLF | DLF Limited Earnings Call This Week | PairCorr |
| 0.86 | KPIL | Kalpataru Projects | PairCorr |
| 0.84 | ENGINERSIN | Engineers India | PairCorr |
| 0.82 | DYCL | Dynamic Cables Earnings Call This Week | PairCorr |
| 0.79 | LT | Larsen Toubro Limited Earnings Call This Week | PairCorr |
| 0.79 | INFY | Infosys Limited Earnings Call Today | PairCorr |
| 0.76 | MEGASTAR | Megastar Foods | PairCorr |
| 0.75 | CIEINDIA | CIE Automotive India | PairCorr |
| 0.7 | KELLTONTEC | Kellton Tech Solutions Split | PairCorr |
| 0.7 | ELECTCAST | Electrosteel Castings Earnings Call This Week | PairCorr |
| 0.68 | LLOYDSENT | Lloyds Enterprises | PairCorr |
| 0.63 | ROML | Raj Oil Mills | PairCorr |
| 0.5 | KANORICHEM | Kanoria Chemicals | PairCorr |
| 0.49 | MANINFRA | Man Infraconstruction | PairCorr |
| 0.47 | NH | Narayana Hrudayalaya | PairCorr |
| 0.42 | UCOBANK | UCO Bank | PairCorr |
Related Correlations Analysis
| 0.22 | 0.64 | 0.39 | 0.35 | 0.25 | 0.14 | 0.36 | SINCLAIR | ||
| 0.22 | 0.34 | 0.52 | 0.35 | 0.46 | 0.28 | 0.48 | THEINVEST | ||
| 0.64 | 0.34 | 0.56 | 0.27 | 0.17 | 0.09 | 0.47 | LEMONTREE | ||
| 0.39 | 0.52 | 0.56 | 0.84 | 0.54 | 0.67 | 0.91 | SAMHI | ||
| 0.35 | 0.35 | 0.27 | 0.84 | 0.45 | 0.78 | 0.78 | WELINV | ||
| 0.25 | 0.46 | 0.17 | 0.54 | 0.45 | 0.72 | 0.51 | CHALET | ||
| 0.14 | 0.28 | 0.09 | 0.67 | 0.78 | 0.72 | 0.58 | CLEAN | ||
| 0.36 | 0.48 | 0.47 | 0.91 | 0.78 | 0.51 | 0.58 | PGINVIT-IV | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Twamev Stock performing well and Twamev 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 Twamev 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SINCLAIR | 2.07 | 0.21 | 0.01 | (8.55) | 2.28 | 6.43 | 14.53 | |||
| THEINVEST | 1.58 | 0.12 | (0.03) | (1.07) | 1.90 | 3.81 | 13.67 | |||
| LEMONTREE | 1.27 | 0.09 | (0.03) | 0.86 | 1.60 | 2.31 | 11.28 | |||
| SAMHI | 1.90 | 0.39 | 0.15 | 0.81 | 1.74 | 4.65 | 17.91 | |||
| WELINV | 2.78 | 0.43 | 0.14 | 1.29 | 2.10 | 7.05 | 14.83 | |||
| CHALET | 1.29 | 0.17 | 0.00 | (10.08) | 1.18 | 3.55 | 11.68 | |||
| CLEAN | 1.61 | 0.08 | (0.01) | 0.43 | 2.10 | 4.00 | 16.60 | |||
| PGINVIT-IV | 0.65 | 0.27 | 0.07 | (1.96) | 0.71 | 1.65 | 6.88 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Twamev 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?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
Twamev Construction Corporate Management
Elected by the shareholders, the Twamev Construction's board of directors comprises two types of representatives: Twamev Construction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Twamev. The board's role is to monitor Twamev Construction's management team and ensure that shareholders' interests are well served. Twamev 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, Twamev Construction's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jasodeb Chakraborty | Chief Officer | Profile | |
| Debajyoti Debnath | Chief Officer | Profile | |
| Moumita Saha | Manager Lega | Profile | |
| Neha Agarwal | Company Secretary | Profile |