Lotte Chemical Correlations
| FPNI Stock | IDR 196.00 3.00 1.51% |
The current 90-days correlation between Lotte Chemical Titan and Kedaung Indah Can is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lotte Chemical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lotte Chemical Titan moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Lotte Chemical Correlation With Market
Good diversification
The correlation between Lotte Chemical Titan and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lotte Chemical Titan and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Lotte Chemical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lotte Chemical 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 Lotte Chemical - 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 Lotte Chemical Titan to buy it.
Moving together with Lotte Stock
Moving against Lotte Stock
Related Correlations Analysis
| 0.07 | -0.31 | -0.15 | -0.15 | KICI | ||
| 0.07 | -0.49 | -0.61 | 0.5 | LMPI | ||
| -0.31 | -0.49 | 0.81 | 0.01 | KBLM | ||
| -0.15 | -0.61 | 0.81 | -0.16 | MRAT | ||
| -0.15 | 0.5 | 0.01 | -0.16 | IGAR | ||
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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 Lotte Stock performing well and Lotte Chemical 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 Lotte Chemical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KICI | 2.93 | 0.22 | 0.01 | (0.22) | 3.25 | 5.41 | 45.24 | |||
| LMPI | 3.61 | 0.92 | 0.17 | (1.61) | 2.80 | 7.08 | 42.22 | |||
| KBLM | 1.16 | (0.13) | 0.00 | (0.34) | 0.00 | 3.16 | 7.08 | |||
| MRAT | 1.59 | (0.94) | 0.00 | (1.47) | 0.00 | 2.07 | 8.74 | |||
| IGAR | 0.55 | (0.03) | 0.00 | (0.08) | 0.00 | 1.41 | 4.78 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lotte Chemical 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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Lotte Chemical Corporate Management
Elected by the shareholders, the Lotte Chemical's board of directors comprises two types of representatives: Lotte Chemical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lotte. The board's role is to monitor Lotte Chemical's management team and ensure that shareholders' interests are well served. Lotte Chemical'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, Lotte Chemical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Calvin Wiryapranata | CFO Director | Profile | |
| Evan Brata | Co Sec | Profile | |
| Ignatius Widiatmoko | Head Auditor | Profile | |
| Cecep Junaedi | Gen GA | Profile | |
| Seon Jang | Pres Director | Profile | |
| Kamarudin Kasim | Gen Accounting | Profile |