Graha Layar Correlations
| BLTZ Stock | IDR 2,000 0.00 0.00% |
The current 90-days correlation between Graha Layar Prima and Bayu Buana Tbk is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Graha Layar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graha Layar Prima moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Graha Layar Correlation With Market
Significant diversification
The correlation between Graha Layar Prima and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graha Layar Prima and DJI in the same portfolio, assuming nothing else is changed.
Graha |
The ability to find closely correlated positions to Graha Layar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graha Layar 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 Graha Layar - 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 Graha Layar Prima to buy it.
Moving together with Graha Stock
Moving against Graha Stock
| 0.44 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.44 | KPIG | Mnc Land Tbk | PairCorr |
| 0.39 | BRPT | Barito Pacific Tbk | PairCorr |
| 0.36 | HMSP | Hanjaya Mandala Sampoerna | PairCorr |
Related Correlations Analysis
| -0.25 | 0.34 | 0.07 | 0.35 | ECII | ||
| -0.25 | -0.28 | 0.14 | 0.2 | BAYU | ||
| 0.34 | -0.28 | -0.8 | -0.1 | BOGA | ||
| 0.07 | 0.14 | -0.8 | 0.26 | BOLT | ||
| 0.35 | 0.2 | -0.1 | 0.26 | APII | ||
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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 Graha Stock performing well and Graha Layar 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 Graha Layar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ECII | 3.50 | 0.64 | 0.17 | 0.68 | 2.95 | 19.27 | 46.11 | |||
| BAYU | 0.80 | (0.01) | 0.00 | 0.16 | 0.00 | 2.03 | 6.66 | |||
| BOGA | 1.17 | (0.65) | 0.00 | (6.05) | 0.00 | 0.00 | 24.85 | |||
| BOLT | 1.21 | 0.31 | 0.08 | (4.95) | 1.66 | 3.14 | 8.19 | |||
| APII | 0.98 | (0.02) | (0.07) | 0.04 | 1.20 | 2.30 | 7.24 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Graha Layar 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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Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
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Graha Layar Corporate Management
Elected by the shareholders, the Graha Layar's board of directors comprises two types of representatives: Graha Layar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Graha. The board's role is to monitor Graha Layar's management team and ensure that shareholders' interests are well served. Graha Layar'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, Graha Layar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Arie Putra | Financial Controller | Profile | |
| Aulia | Human Mang | Profile | |
| Arindya Lubis | Head Head | Profile | |
| Park Jungsin | Pres Director | Profile |