Electronic City Correlations
| ECII Stock | IDR 356.00 70.00 24.48% |
The current 90-days correlation between Electronic City Indonesia and Jakarta Int Hotels is 0.24 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Electronic City moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Electronic City Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Electronic City Correlation With Market
Average diversification
The correlation between Electronic City Indonesia and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Electronic City Indonesia and DJI in the same portfolio, assuming nothing else is changed.
Electronic |
The ability to find closely correlated positions to Electronic City could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Electronic City 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 Electronic City - 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 Electronic City Indonesia to buy it.
Moving against Electronic Stock
| 0.59 | INDF | PT Indofood Sukses | PairCorr |
| 0.59 | PBRX | Pan Brothers Tbk | PairCorr |
| 0.54 | JPFA | Japfa Comfeed Indonesia | 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
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Risk-Adjusted Indicators
There is a big difference between Electronic Stock performing well and Electronic City 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 Electronic City'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MPMX | 0.42 | (0.05) | 0.00 | 1.66 | 0.00 | 0.51 | 2.48 | |||
| JIHD | 6.28 | 3.67 | 0.86 | 5.18 | 1.97 | 24.79 | 34.81 | |||
| AHAP | 1.82 | (0.31) | 0.00 | (1.14) | 0.00 | 3.39 | 25.64 | |||
| TECH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ISAT | 3.40 | (1.36) | 0.00 | (1.52) | 0.00 | 5.12 | 79.95 | |||
| BBNI | 1.23 | (0.09) | 0.00 | 0.56 | 0.00 | 2.73 | 8.76 | |||
| KKES | 1.87 | (0.82) | 0.00 | (5.19) | 0.00 | 3.23 | 12.35 | |||
| CASA | 1.44 | 0.07 | (0.03) | (0.39) | 2.08 | 3.60 | 21.12 | |||
| INOV | 1.78 | 0.07 | (0.03) | (0.23) | 2.04 | 3.19 | 22.27 | |||
| PSAB | 3.53 | 0.42 | 0.09 | 0.72 | 3.85 | 10.84 | 32.59 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Electronic City 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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Electronic City Corporate Management
Elected by the shareholders, the Electronic City's board of directors comprises two types of representatives: Electronic City inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electronic. The board's role is to monitor Electronic City's management team and ensure that shareholders' interests are well served. Electronic City'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, Electronic City's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Josephine Karjadi | Director Director | Profile | |
| Wiradi | Corporate Secretary | Profile | |
| Lenny Jamadi | Logistics Sales | Profile | |
| Yuni Anna | Head Unit | Profile |