Delta Dunia Correlations
| DOID Stock | IDR 382.00 16.00 4.02% |
The current 90-days correlation between Delta Dunia Makmur and Elnusa Tbk is 0.22 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Delta Dunia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delta Dunia Makmur moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Delta Dunia Correlation With Market
Significant diversification
The correlation between Delta Dunia Makmur and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delta Dunia Makmur and DJI in the same portfolio, assuming nothing else is changed.
Delta |
The ability to find closely correlated positions to Delta Dunia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delta Dunia 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 Delta Dunia - 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 Delta Dunia Makmur to buy it.
Moving together with Delta Stock
| 0.72 | NPGF | Nusa Palapa Gemilang | PairCorr |
| 0.86 | UNVR | Unilever Indonesia Tbk | PairCorr |
| 0.91 | TFAS | Telefast Indonesia | PairCorr |
Moving against Delta Stock
Related Correlations Analysis
| 0.64 | 0.35 | 0.57 | 0.67 | INDY | ||
| 0.64 | 0.86 | 0.89 | 0.78 | ELSA | ||
| 0.35 | 0.86 | 0.93 | 0.76 | HRUM | ||
| 0.57 | 0.89 | 0.93 | 0.89 | ENRG | ||
| 0.67 | 0.78 | 0.76 | 0.89 | MEDC | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Delta Stock performing well and Delta Dunia 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 Delta Dunia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INDY | 2.58 | (0.29) | 0.00 | 0.55 | 0.00 | 5.93 | 14.78 | |||
| ELSA | 1.18 | (0.27) | 0.00 | 16.74 | 0.00 | 1.83 | 7.21 | |||
| HRUM | 1.82 | (0.77) | 0.00 | 1.98 | 0.00 | 3.05 | 13.33 | |||
| ENRG | 2.08 | (0.66) | 0.00 | (12.78) | 0.00 | 3.88 | 13.59 | |||
| MEDC | 1.48 | (0.21) | 0.00 | 3.57 | 0.00 | 2.88 | 13.55 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Delta Dunia 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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Delta Dunia Corporate Management
Elected by the shareholders, the Delta Dunia's board of directors comprises two types of representatives: Delta Dunia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Delta. The board's role is to monitor Delta Dunia's management team and ensure that shareholders' interests are well served. Delta Dunia'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, Delta Dunia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Regina Korompis | Head Relations | Profile | |
| Nurdin Zainal | Independent Commissioner | Profile | |
| Sugito Walujo | Commissioner | Profile | |
| Iwan Salim | Deputy Sustainability | Profile | |
| SE CFE | Head Audit | Profile | |
| Una Lindasari | CFO Growth | Profile |