, effectively lowering the Operating GRM.  During this quarter, the refinery received gains from crude and product oil price hedging contract THB 140 million due to the oil price volatility of the period, the

‘4D’ strategies (Diversification, Defensive, Duration and Discipline) in order to cope with market volatility through diversification of asset classes, focusing on defensive investment for generating

Sustainable Investing, The Forum for Sustainable and Responsible Investment (ussif.org), 24 Dec 2020 2. Fidelity, Putting Sustainability to the Test: ESG Outperformance amid Volatility, 2020

Sustainable Investing, The Forum for Sustainable and Responsible Investment (ussif.org), 24 Dec 2020 2. Fidelity, Putting Sustainability to the Test: ESG Outperformance amid Volatility, 2020

, Depreciation and Amortization (EBITDA) In 3Q18, EBITDA was THB 84 million, falling by 37.3% from 3Q17. A relatively decrease in EBITDA was owing to THB 90 million realized leased right assignment income incurred

year. However, due to the uncertainty of the merger situation between mobile operators during this period, each mobile operator has slowed down the activation of additional solutions that the Company has

joint venture investment. Therefore, there is uncertainty in the value of the investment in the project which is expected to be finalized before the Extraordinary General Meeting of shareholders No.1/2018

, decreasing by Baht 14.98 million, mainly from unrealized loss from investment in listed securities due to the highly volatile market this quarter which resulted from the uncertainty of COVID-19 outbreak and

ผันผวนของผลการด าเนินงานของกองทุน H2O MULTI AGGREGATE FUND Volatility 9.27 แหล่งที่มาของข้อมูล : Bloomberg ณ วันที่ 29 มีนาคม 2564 8. วิธีการค านวณมลูคา่ความเสยีหายสงูสดุ (value-at-risk : VaR) และสมมติฐาน

นอตัราดอกเบี ย (Interest rates risk) : โดยทั วไปราคาตราสารหนี จะปรบัสงูขึ นเมืออตัรา ดอกเบี ยลดลง ในขณะทีราคาตราสารหนี จะปรบัลดลงเมืออตัราดอกเบี ยสูงขึ น - ความเสียงดา้นความผนัผวนและสภาพคล่อง (Volatility