Uni Charm Correlations
| UCID Stock | IDR 655.00 15.00 2.24% |
The current 90-days correlation between Uni Charm Indonesia and Kino Indonesia Tbk is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Uni Charm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uni Charm Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Uni Charm Correlation With Market
Very good diversification
The correlation between Uni Charm Indonesia and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Uni Charm Indonesia and DJI in the same portfolio, assuming nothing else is changed.
Uni |
The ability to find closely correlated positions to Uni Charm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uni Charm 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 Uni Charm - 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 Uni Charm Indonesia to buy it.
Moving together with Uni Stock
| 0.9 | UNVR | Unilever Indonesia Tbk | PairCorr |
| 0.87 | MRAT | Mustika Ratu Tbk | PairCorr |
| 0.81 | BNGA | Bank Cimb Niaga | PairCorr |
Moving against Uni Stock
Related Correlations Analysis
| 0.21 | 0.42 | 0.26 | 0.24 | KINO | ||
| 0.21 | -0.02 | 0.76 | 0.35 | GOOD | ||
| 0.42 | -0.02 | -0.18 | 0.11 | KEJU | ||
| 0.26 | 0.76 | -0.18 | 0.42 | ULTJ | ||
| 0.24 | 0.35 | 0.11 | 0.42 | PRDA | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Uni Stock performing well and Uni Charm 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 Uni Charm'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KINO | 0.76 | (0.07) | 0.00 | (0.88) | 0.00 | 2.07 | 7.76 | |||
| GOOD | 0.76 | (0.08) | 0.00 | 1.02 | 0.00 | 1.53 | 7.02 | |||
| KEJU | 5.98 | 1.02 | 0.16 | (1.32) | 5.60 | 24.69 | 44.75 | |||
| ULTJ | 1.28 | (0.37) | 0.00 | 1.63 | 0.00 | 2.52 | 13.04 | |||
| PRDA | 0.91 | (0.22) | 0.00 | (2.46) | 0.00 | 2.27 | 6.12 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Uni Charm 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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Uni Charm Corporate Management
Elected by the shareholders, the Uni Charm's board of directors comprises two types of representatives: Uni Charm inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Uni. The board's role is to monitor Uni Charm's management team and ensure that shareholders' interests are well served. Uni Charm'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, Uni Charm's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vikry Ahmadi | Head Sec | Profile | |
| Ery Suprihardani | Head Audit | Profile | |
| Yuji Ishii | Pres Director | Profile | |
| Aukaria Rahman | Gen HRGA | Profile |