Bukit Jalil Correlations

BUJAR Stock

0.10 0.00 0.00%

The correlation of Bukit Jalil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Bukit Jalil Correlation With Market

Good diversification

The correlation between Bukit Jalil Global and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bukit Jalil Global and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bukit Jalil Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving against Bukit Stock

0.74	DSAQ	Direct Selling Acqui	Pair Corr
0.66	ALF	Centurion Acquisition	Pair Corr
0.63	OCAXW	OCA Acquisition Corp	Pair Corr
0.63	FRLAU	Fortune Rise Acquisition	Pair Corr
0.59	NOVVU	Nova Vision Acquisition	Pair Corr
0.57	FHLT	Future Health Esg	Pair Corr
0.53	DPCS	DP Cap Acquisition	Pair Corr
0.52	DUET	DUET Acquisition Corp	Pair Corr
0.47	BAYAR	Bayview Acquisition Corp	Pair Corr
0.42	BAYAU	Bayview Acquisition Corp	Pair Corr
0.75	CEP	Cantor Equity Partners,	Pair Corr
0.71	IRRX	Integrated Rail	Pair Corr
0.65	CUB	Lionheart Holdings	Pair Corr
0.65	GAQ	Generation Asia I	Pair Corr
0.55	FLD	FTAC Emerald Acquisition Symbol Change	Pair Corr
0.52	GRAF	Graf Global Corp	Pair Corr
0.49	INTE	Integral Acquisition	Pair Corr
0.41	FRLA	Fortune Rise Acquisition	Pair Corr
0.34	AQUNU	AQUARON ACQUISITION	Pair Corr
0.32	BCSAU	Blockchain Coinvestors	Pair Corr

Related Correlations Analysis

	RHP	BH	CSXXY	SBUX	KRUS	PK	CARS	ACEL
RHP		0.6	0.03	0.65	0.79	0.64	0.28	0.26	RHP
BH	0.6		0.21	0.73	0.5	0.6	0.77	0.33	BH
CSXXY	0.03	0.21		0.31	0.2	0.33	0.34	0.18	CSXXY
SBUX	0.65	0.73	0.31		0.75	0.43	0.54	0.24	SBUX
KRUS	0.79	0.5	0.2	0.75		0.4	0.2	0.03	KRUS
PK	0.64	0.6	0.33	0.43	0.4		0.69	0.66	PK
CARS	0.28	0.77	0.34	0.54	0.2	0.69		0.66	CARS
ACEL	0.26	0.33	0.18	0.24	0.03	0.66	0.66		ACEL
	RHP	BH	CSXXY	SBUX	KRUS	PK	CARS	ACEL

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Risk-Adjusted Indicators

There is a big difference between Bukit Stock performing well and Bukit Jalil 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 Bukit Jalil'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
RHP	1.02	0.08	0.09	0.19	0.87	(1.17)	1.94	(1.74)	7.06
BH	1.52	0.25	0.12	0.69	1.20	(2.01)	4.00	(2.23)	12.11
CSXXY	1.22	0.14	0.01	2.23	1.68	(4.15)	6.22	(5.22)	16.82
SBUX	0.97	0.07	0.00	0.29	0.91	(1.15)	2.01	(1.86)	7.49
KRUS	2.90	0.48	0.19	0.33	2.90	(3.44)	7.63	(5.32)	20.80
PK	1.35	(0.11)	(0.03)	0.04	1.60	(1.46)	2.99	(2.71)	10.98
CARS	1.54	0.02	0.04	0.13	1.66	(1.83)	4.66	(2.75)	9.11
ACEL	1.00	(0.11)	(0.09)	0.00	1.23	(1.12)	2.04	(2.40)	6.38

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Bukit Jalil Correlations

Bukit Jalil Correlation With Market

Good diversification

Moving against Bukit Stock

Related Correlations Analysis

Risk-Adjusted Indicators

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