Ricky Putra Correlations
| RICY Stock | IDR 66.00 2.00 2.94% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ricky Putra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ricky Putra Globalindo moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Ricky Putra Correlation With Market
Significant diversification
The correlation between Ricky Putra Globalindo and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ricky Putra Globalindo and DJI in the same portfolio, assuming nothing else is changed.
Ricky |
The ability to find closely correlated positions to Ricky Putra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ricky Putra 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 Ricky Putra - 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 Ricky Putra Globalindo to buy it.
Moving together with Ricky Stock
Moving against Ricky Stock
| 0.81 | CTBN | PT Citra Tubindo | PairCorr |
| 0.72 | LAPD | Leyand International Tbk | PairCorr |
| 0.5 | DMMX | Digital Mediatama Maxima | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Ricky Stock performing well and Ricky Putra 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 Ricky Putra'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PBRX | 0.48 | 0.26 | 0.00 | (0.33) | 0.00 | 0.00 | 9.52 | |||
| SSTM | 7.01 | 1.10 | 0.13 | (0.41) | 5.99 | 25.00 | 53.33 | |||
| POLY | 2.36 | 0.04 | 0.00 | 0.13 | 3.08 | 5.88 | 16.19 | |||
| PRAS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MYTX | 1.30 | (0.40) | 0.00 | (1.55) | 0.00 | 2.50 | 17.69 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ricky Putra 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?
Run Financial Widgets Now
Financial WidgetsEasily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
| All Next | Launch Module |
Ricky Putra Corporate Management
Elected by the shareholders, the Ricky Putra's board of directors comprises two types of representatives: Ricky Putra inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ricky. The board's role is to monitor Ricky Putra's management team and ensure that shareholders' interests are well served. Ricky Putra'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, Ricky Putra's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Hendi | Chief Department | Profile | |
| Dinar Pandjaitan | Head Legal | Profile | |
| Lauwrencia | Head Relations | Profile | |
| Rudy Hartono | Chief Technology | Profile | |
| Adrianus Pradigdo | Head HR | Profile | |
| Imanuel Kristiono | Head Accounting | Profile |