Inv La Correlations
| ILC Stock | CLP 19,700 550.00 2.72% |
The current 90-days correlation between Inv La Constru and Banco de Credito is -0.04 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inv La moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inv La Constru moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Inv La Correlation With Market
Very poor diversification
The correlation between Inv La Constru and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inv La Constru and DJI in the same portfolio, assuming nothing else is changed.
Inv |
The ability to find closely correlated positions to Inv La could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inv La 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 Inv La - 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 Inv La Constru to buy it.
Moving together with Inv Stock
| 0.69 | AAISA | Administradora Americana | PairCorr |
| 0.72 | SQM-B | Sociedad Qumica y | PairCorr |
| 0.94 | IAM | Inversiones Aguas | PairCorr |
| 0.66 | MOLYMET | Molymet | PairCorr |
| 0.95 | BESALCO | Besalco Sa | PairCorr |
| 0.93 | MULTIX | Multiexport Foods | PairCorr |
| 0.88 | LTM | LATAM Airlines Group | PairCorr |
| 0.76 | FORUS | Forus SA | PairCorr |
| 0.84 | SQM-A | Sociedad Qumica y | PairCorr |
| 0.91 | BSANTANDER | Banco Santander Chile | PairCorr |
| 0.92 | MOLLER | Moller Y Perez | PairCorr |
| 0.96 | NITRATOS | Nitratos de Chile | PairCorr |
| 0.85 | FALABELLA | Falabella | PairCorr |
| 0.91 | INGEVEC | Ingevec | PairCorr |
| 0.95 | PUCOBRE | Sociedad Punta del | PairCorr |
| 0.95 | BLUMAR | Blumar | PairCorr |
| 0.94 | ENAEX | Enaex SA | PairCorr |
| 0.85 | MALLPLAZA | Plaza SA | PairCorr |
| 0.79 | AGUAS-A | Aguas Andinas SA | PairCorr |
| 0.73 | GOOGL | Alphabet Cl A | PairCorr |
| 0.91 | SALFACORP | Salfacorp | PairCorr |
| 0.83 | COPEC | Empresas Copec SA | PairCorr |
| 0.89 | ANTARCHILE | Antar Chile | PairCorr |
| 0.62 | EMBONOR-B | Coca Cola Embonor | PairCorr |
Moving against Inv Stock
Related Correlations Analysis
| -0.08 | 0.85 | 0.83 | 0.22 | BCI | ||
| -0.08 | -0.41 | -0.3 | 0.13 | CMPC | ||
| 0.85 | -0.41 | 0.72 | -0.01 | BSANTANDER | ||
| 0.83 | -0.3 | 0.72 | 0.25 | ECL | ||
| 0.22 | 0.13 | -0.01 | 0.25 | ENTEL | ||
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 Inv Stock performing well and Inv La 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 Inv La'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BCI | 1.44 | 0.07 | 0.03 | 0.16 | 2.08 | 3.04 | 8.80 | |||
| CMPC | 1.61 | (0.05) | 0.00 | (0.17) | 0.00 | 3.94 | 8.45 | |||
| BSANTANDER | 1.12 | 0.05 | 0.00 | 0.21 | 1.39 | 2.45 | 8.42 | |||
| ECL | 1.38 | 0.15 | 0.06 | 0.92 | 1.39 | 3.75 | 7.10 | |||
| ENTEL | 2.29 | (0.20) | 0.00 | (0.54) | 0.00 | 4.53 | 19.52 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Inv La 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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Inv La Corporate Management
Elected by the shareholders, the Inv La's board of directors comprises two types of representatives: Inv La inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Inv. The board's role is to monitor Inv La's management team and ensure that shareholders' interests are well served. Inv La'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, Inv La's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gustavo V | Head of Investor Relations | Profile | |
| Pablo Montalva | Head Control | Profile | |
| Rosario L | Chief Officer | Profile | |
| Robinson Gaete | Chief Accounting and Administrative Officer | Profile | |
| Trinidad Monge | Investor Sustainability | Profile | |
| Fredy Arcila | Chief accountant | Profile | |
| Lorena Jara | Treasurer | Profile |