Gunung Raja Correlations
| GGRP Stock | IDR 212.00 20.00 8.62% |
The current 90-days correlation between Gunung Raja Paksi and Gunawan Dianjaya Steel is -0.19 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gunung Raja moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gunung Raja Paksi moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Gunung Raja Correlation With Market
Good diversification
The correlation between Gunung Raja Paksi and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gunung Raja Paksi and DJI in the same portfolio, assuming nothing else is changed.
Gunung |
The ability to find closely correlated positions to Gunung Raja could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gunung Raja 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 Gunung Raja - 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 Gunung Raja Paksi to buy it.
Moving against Gunung Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Gunung Stock performing well and Gunung Raja 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 Gunung Raja'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GDST | 1.66 | (0.44) | 0.00 | 5.09 | 0.00 | 2.83 | 17.14 | |||
| ISSP | 0.76 | (0.15) | 0.00 | 1.89 | 0.00 | 1.33 | 5.23 | |||
| IMPC | 0.97 | (0.04) | 0.00 | 2.44 | 0.00 | 1.82 | 10.63 | |||
| IFSH | 2.67 | 0.00 | 0.00 | 0.12 | 2.93 | 6.39 | 28.55 | |||
| SAMF | 0.62 | (0.07) | 0.00 | 0.32 | 0.00 | 1.25 | 6.41 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Gunung Raja 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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Gunung Raja Corporate Management
Elected by the shareholders, the Gunung Raja's board of directors comprises two types of representatives: Gunung Raja inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gunung. The board's role is to monitor Gunung Raja's management team and ensure that shareholders' interests are well served. Gunung Raja'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, Gunung Raja's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Roymond | Director CFO | Profile | |
| Marcel Angelo | Chief Staff | Profile | |
| Paulus Khierawan | Legal Sec | Profile | |
| Biplab Dutta | Operations Director | Profile | |
| Vina Mozes | Head Unit | Profile | |
| Yohanes Yamin | Treasury Fin | Profile | |
| Abednedju Sangkaeng | HR Director | Profile |