| COWL Stock | | | IDR 50.00 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cowell Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cowell Development Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
The ability to find closely correlated positions to Cowell Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cowell Development 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 Cowell Development - 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 Cowell Development Tbk to buy it.
Related Correlations Analysis
Risk-Adjusted IndicatorsThere is a big difference between Cowell Stock performing well and Cowell Development 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 Cowell Development'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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cowell Development 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.
| | Stocks DirectoryFind actively traded stocks across global markets |
Cowell Development Corporate Management
Elected by the shareholders, the Cowell Development's board of directors comprises two types of representatives: Cowell Development inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cowell. The board's role is to monitor Cowell Development's management team and ensure that shareholders' interests are well served. Cowell Development'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, Cowell Development's outside directors are responsible for providing unbiased perspectives on the board's policies.