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Thaire Life Assurance PCL (BKK:THREL-F) 3-Year Sharpe Ratio : -0.69 (As of Jul. 10, 2025)


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What is Thaire Life Assurance PCL 3-Year Sharpe Ratio?

The 3-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past three years. As of today (2025-07-10), Thaire Life Assurance PCL's 3-Year Sharpe Ratio is -0.69.


Competitive Comparison of Thaire Life Assurance PCL's 3-Year Sharpe Ratio

For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL's 3-Year Sharpe Ratio, along with its competitors' market caps and 3-Year Sharpe Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thaire Life Assurance PCL's 3-Year Sharpe Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's 3-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Thaire Life Assurance PCL's 3-Year Sharpe Ratio falls into.


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Thaire Life Assurance PCL 3-Year Sharpe Ratio Calculation

The 3-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset in the last three years. A stock / portfolio's 3-Year Sharpe Ratio can be calculated by dividing the difference between the three-year average monthly returns of the investment and the risk-free rate, by the standard deviation of the investment returns over the past three years.


Thaire Life Assurance PCL  (BKK:THREL-F) 3-Year Sharpe Ratio Explanation

The 3-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past three years. It is calculated as the annualized result of the average three-year monthly excess returns divided by its standard deviation in the three-year period. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.


Thaire Life Assurance PCL 3-Year Sharpe Ratio Related Terms

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Thaire Life Assurance PCL Business Description

Traded in Other Exchanges
Address
North Sathorn Road, No. 92/7 Sathorn Thani 2 Building, 6th Floor, Silom Sub-district, Bang Rak District, Bangkok, THA, 10500
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance services such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refers to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.

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