KeppelLimited Correlations
| KEP1 Stock | EUR 8.33 0.02 0.24% |
The current 90-days correlation between Keppel Limited and NISSIN FOODS HLDGS is -0.14 (i.e., Good diversification). The correlation of KeppelLimited is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
KeppelLimited Correlation With Market
Poor diversification
The correlation between Keppel Limited and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Keppel Limited and DJI in the same portfolio, assuming nothing else is changed.
KeppelLimited |
The ability to find closely correlated positions to KeppelLimited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KeppelLimited 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 KeppelLimited - 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 Keppel Limited to buy it.
Moving together with KeppelLimited Stock
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Moving against KeppelLimited Stock
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between KeppelLimited Stock performing well and KeppelLimited 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 KeppelLimited'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NF2 | 0.63 | 0.00 | (0.02) | 0.09 | 0.99 | 1.95 | 6.43 | |||
| T6W | 0.75 | (0.02) | (0.02) | 0.01 | 1.19 | 3.57 | 7.02 | |||
| 8MN | 2.11 | (0.21) | 0.00 | 0.31 | 0.00 | 5.41 | 20.93 | |||
| UN3 | 2.40 | 0.11 | 0.02 | 0.21 | 3.52 | 4.95 | 14.77 | |||
| 3LN | 1.57 | 0.15 | 0.05 | (4.03) | 1.56 | 3.18 | 8.49 | |||
| CBW | 1.13 | (0.12) | 0.00 | (0.15) | 0.00 | 2.86 | 20.00 | |||
| 6CF | 1.15 | (0.01) | (0.02) | 0.04 | 1.46 | 2.38 | 7.93 | |||
| 9JD | 1.91 | (0.02) | 0.00 | 0.10 | 0.00 | 4.49 | 11.50 |
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KeppelLimited Corporate Management
Elected by the shareholders, the KeppelLimited's board of directors comprises two types of representatives: KeppelLimited inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KeppelLimited. The board's role is to monitor KeppelLimited's management team and ensure that shareholders' interests are well served. KeppelLimited'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, KeppelLimited's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cheng Chang | GM Sec | Profile | |
| Tong Ho | Chief Communications | Profile | |
| Eng Tan | Chief Transportation | Profile | |
| Chang Chiang | Chief Ltd | Profile | |
| Thieng Pang | Senior Office | Profile | |
| Boon Tan | Managing Infrastructure | Profile | |
| Chin CFA | CEO Director | Profile |