Bukit Jalil Correlations

BUJAW Stock

0.04 0 8.11%

The current 90-days correlation between Bukit Jalil Global and Aquagold International is -0.74 (i.e., Pay attention - limited upside). 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

Average diversification

The correlation between Bukit Jalil Global 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 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

0.43	V	Visa Class A	Pair Corr
0.41	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.38	FDUS	Fidus Investment Corp	Pair Corr
0.37	DFS	Discover Financial Fiscal Year End 15th of January 2025	Pair Corr
0.37	FSK	FS KKR Capital	Pair Corr
0.36	SYF	Synchrony Financial Fiscal Year End 28th of January 2025	Pair Corr
0.33	MA	Mastercard	Pair Corr
0.32	BLK	BlackRock Earnings Call This Week	Pair Corr
0.32	COF	Capital One Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.4	SOFI	SoFi Technologies	Pair Corr
0.4	C	Citigroup Fiscal Year End 10th of January 2025	Pair Corr
0.39	SLRC	SLR Investment Corp	Pair Corr
0.38	CODI	Compass Diversified	Pair Corr
0.38	UPST	Upstart Holdings	Pair Corr
0.36	LRFC	Logan Ridge Finance	Pair Corr
0.35	SEIC	SEI Investments	Pair Corr
0.33	L	Loews Corp	Pair Corr
0.32	PYPL	PayPal Holdings	Pair Corr
0.41	LC	LendingClub Corp	Pair Corr
0.34	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.31	HG	Hamilton Insurance Group,	Pair Corr

Related Correlations Analysis

	AQUI	MSTSX	LBHIX	ID	VIASP	XTWO	DREQX	KNF	LVSDF	ARGGY
AQUI		0.91	0.52	0.02	-0.58	-0.05	-0.05	-0.27	0.0	0.37	AQUI
MSTSX	0.91		0.65	0.06	-0.69	0.11	0.0	-0.28	0.0	0.43	MSTSX
LBHIX	0.52	0.65		0.44	-0.23	0.28	0.38	0.13	0.0	0.29	LBHIX
ID	0.02	0.06	0.44		0.5	-0.05	0.78	0.7	0.0	-0.41	ID
VIASP	-0.58	-0.69	-0.23	0.5		-0.1	0.59	0.78	0.0	-0.72	VIASP
XTWO	-0.05	0.11	0.28	-0.05	-0.1		-0.2	-0.06	0.0	-0.01	XTWO
DREQX	-0.05	0.0	0.38	0.78	0.59	-0.2		0.79	0.0	-0.44	DREQX
KNF	-0.27	-0.28	0.13	0.7	0.78	-0.06	0.79		0.0	-0.59	KNF
LVSDF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	LVSDF
ARGGY	0.37	0.43	0.29	-0.41	-0.72	-0.01	-0.44	-0.59	0.0		ARGGY
	AQUI	MSTSX	LBHIX	ID	VIASP	XTWO	DREQX	KNF	LVSDF	ARGGY

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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

MSTSX	+ 0.91	AQUI
KNF	+ 0.79	DREQX
DREQX	+ 0.78	ID
KNF	+ 0.78	VIASP
KNF	+ 0.7	ID
LBHIX	+ 0.65	MSTSX

High negative correlations

ARGGY	- 0.72	VIASP
VIASP	- 0.69	MSTSX
ARGGY	- 0.59	KNF
VIASP	- 0.58	AQUI
ARGGY	- 0.44	DREQX
ARGGY	- 0.41	ID

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
AQUI	2.79	(1.42)	0.00	(55.41)	0.00	0.00	0.00	0.00	93.33
MSTSX	0.57	(0.21)	0.00	(1.59)	0.00	0.00	0.85	(1.18)	6.73
LBHIX	0.11	(0.02)	0.00	(1.20)	0.00	0.00	0.24	(0.24)	0.71
ID	4.37	0.65	0.09	0.35	5.85	(5.03)	8.00	(7.69)	34.19
VIASP	0.66	0.29	0.47	(1.79)	0.00	(0.85)	2.01	(1.06)	4.48
XTWO	0.08	(0.02)	0.00	2.56	0.00	0.00	0.12	(0.18)	0.51
DREQX	0.84	0.05	0.03	0.25	1.28	(0.79)	1.62	(2.30)	6.23
KNF	1.65	0.19	0.08	1.13	2.16	(1.67)	2.84	(2.85)	13.43
LVSDF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ARGGY	2.40	(0.33)	0.00	4.26	0.00	0.00	4.83	(5.49)	11.95

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