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.
  
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

  0.65LPPS Lenox Pasifik InvestamaPairCorr
  0.75CARE Metro Healthcare IndPairCorr
  0.68BBSS Bumi Benowo SuksesPairCorr

Moving against Lippo Stock

  0.55REAL Repower Asia IndonesiaPairCorr
  0.47INDO Royalindo Investa WijayaPairCorr
  0.47OPMS Optima Prima MetalPairCorr
  0.34PGJO Tourindo Guide IndonesiaPairCorr

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.

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.

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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.
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Dion LeswaraChief DirectorProfile
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