Lippo Karawaci Correlations
LPKR Stock | IDR 110.00 1.00 0.92% |
The current 90-days correlation between Lippo Karawaci Tbk and Bumi Serpong Damai is 0.33 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lippo Karawaci moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lippo Karawaci Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Lippo Karawaci Correlation With Market
Significant diversification
The correlation between Lippo Karawaci Tbk and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lippo Karawaci Tbk and DJI in the same portfolio, assuming nothing else is changed.
Lippo |
The ability to find closely correlated positions to Lippo Karawaci could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lippo Karawaci 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 Lippo Karawaci - 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 Lippo Karawaci Tbk to buy it.
Moving together with Lippo Stock
0.65 | LPPS | Lenox Pasifik Investama | PairCorr |
0.75 | CARE | Metro Healthcare Ind | PairCorr |
0.68 | BBSS | Bumi Benowo Sukses | PairCorr |
Moving against Lippo Stock
0.55 | REAL | Repower Asia Indonesia | PairCorr |
0.47 | INDO | Royalindo Investa Wijaya | PairCorr |
0.47 | OPMS | Optima Prima Metal | PairCorr |
0.34 | PGJO | Tourindo Guide Indonesia | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Lippo Stock performing well and Lippo Karawaci 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 Lippo Karawaci'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
BSDE | 1.90 | (0.11) | 0.00 | 0.28 | 0.00 | 3.28 | 12.14 | |||
ASRI | 3.62 | 0.37 | 0.02 | (0.13) | 3.35 | 12.39 | 26.21 | |||
SMRA | 1.88 | (0.13) | 0.00 | 5.64 | 0.00 | 4.38 | 9.59 | |||
CTRA | 1.88 | (0.18) | 0.00 | 0.35 | 0.00 | 3.29 | 12.32 | |||
INTP | 1.21 | (0.03) | 0.00 | 25.32 | 0.00 | 2.20 | 11.27 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lippo Karawaci 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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Lippo Karawaci Corporate Management
Elected by the shareholders, the Lippo Karawaci's board of directors comprises two types of representatives: Lippo Karawaci inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lippo. The board's role is to monitor Lippo Karawaci's management team and ensure that shareholders' interests are well served. Lippo Karawaci'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, Lippo Karawaci's outside directors are responsible for providing unbiased perspectives on the board's policies.
Danang Jati | Head Communications | Profile | |
Krishnadi Kartawidjaja | Chief Devel | Profile | |
John Riady | CEO Director | Profile | |
Dion Leswara | Chief Director | Profile | |
Surya CFA | Chief Director | Profile | |
Meng Phua | CFO Director | Profile |