Ramayana Lestari Correlations
| RALS Stock | IDR 362.00 2.00 0.56% |
The current 90-days correlation between Ramayana Lestari Sentosa and Summarecon Agung Tbk is 0.42 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ramayana Lestari moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ramayana Lestari Sentosa moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Ramayana Lestari Correlation With Market
Good diversification
The correlation between Ramayana Lestari Sentosa and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ramayana Lestari Sentosa and DJI in the same portfolio, assuming nothing else is changed.
Ramayana |
The ability to find closely correlated positions to Ramayana Lestari could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ramayana Lestari 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 Ramayana Lestari - 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 Ramayana Lestari Sentosa to buy it.
Moving together with Ramayana Stock
Moving against Ramayana Stock
| 0.57 | BYAN | Bayan Resources Tbk | PairCorr |
| 0.47 | CTBN | PT Citra Tubindo | PairCorr |
| 0.46 | MMIX | Multi Medika Interna | PairCorr |
| 0.34 | MDRN | Modern Internasional Tbk | PairCorr |
| 0.32 | BSSR | Baramulti Suksessarana | PairCorr |
| 0.32 | KKES | PT Kusuma Kemindo | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Ramayana Stock performing well and Ramayana Lestari 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 Ramayana Lestari'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MAPI | 2.22 | (0.27) | 0.00 | 22.60 | 0.00 | 5.00 | 16.61 | |||
| MPPA | 4.20 | (0.01) | 0.00 | 0.10 | 0.00 | 10.00 | 28.53 | |||
| SMRA | 1.51 | (0.51) | 0.00 | 5.71 | 0.00 | 3.31 | 8.65 | |||
| CTRA | 2.03 | (0.28) | 0.00 | 0.70 | 0.00 | 4.85 | 11.01 | |||
| LSIP | 1.79 | (0.27) | 0.00 | 1.69 | 0.00 | 4.41 | 11.31 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ramayana Lestari 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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Ramayana Lestari Corporate Management
Elected by the shareholders, the Ramayana Lestari's board of directors comprises two types of representatives: Ramayana Lestari inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ramayana. The board's role is to monitor Ramayana Lestari's management team and ensure that shareholders' interests are well served. Ramayana Lestari'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, Ramayana Lestari's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Susanti Tjandra | Head Division | Profile | |
| Setyadi Surya | Corporate Secretary | Profile | |
| Ismail Yahya | Head Management | Profile | |
| Kismanto Petros | Director Commissioner | Profile |