Nusa Palapa Correlations
| NPGF Stock | IDR 31.00 1.00 3.12% |
The current 90-days correlation between Nusa Palapa Gemilang and Berkah Beton Sadaya is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nusa Palapa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nusa Palapa Gemilang moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Nusa |
The ability to find closely correlated positions to Nusa Palapa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nusa Palapa 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 Nusa Palapa - 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 Nusa Palapa Gemilang to buy it.
Moving together with Nusa Stock
| 0.7 | SAMF | Saraswanti Anugerah Split | PairCorr |
| 0.81 | UNVR | Unilever Indonesia Tbk | PairCorr |
| 0.64 | TFAS | Telefast Indonesia | PairCorr |
Moving against Nusa Stock
| 0.81 | SMDM | Suryamas Dutamakmur Tbk | PairCorr |
| 0.75 | RGAS | Kian Santang Muliatama | PairCorr |
| 0.7 | MYOH | Samindo Resources Tbk | PairCorr |
| 0.67 | CLAY | Citra Putra Realty | PairCorr |
| 0.64 | EDGE | Indointernet Tbk | PairCorr |
| 0.63 | IFII | Indonesia Fibreboard | PairCorr |
| 0.61 | INAI | Indal Aluminium Industry | PairCorr |
| 0.56 | LPPF | Matahari Department Store | PairCorr |
| 0.52 | BUVA | Bukit Uluwatu Villa | PairCorr |
| 0.4 | FITT | Hotel Fitra International | PairCorr |
Related Correlations Analysis
| 0.4 | -0.5 | -0.46 | 0.53 | SAMF | ||
| 0.4 | -0.05 | -0.45 | 0.05 | BEBS | ||
| -0.5 | -0.05 | 0.31 | -0.77 | TAPG | ||
| -0.46 | -0.45 | 0.31 | -0.11 | SNLK | ||
| 0.53 | 0.05 | -0.77 | -0.11 | LABA | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Nusa Stock performing well and Nusa Palapa 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 Nusa Palapa'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SAMF | 2.91 | (0.08) | 0.00 | (0.09) | 0.00 | 9.27 | 37.66 | |||
| BEBS | 4.31 | 0.33 | 0.02 | (1.31) | 5.78 | 20.00 | 41.67 | |||
| TAPG | 1.62 | 0.08 | 0.06 | (1.77) | 1.79 | 3.25 | 9.76 | |||
| SNLK | 3.65 | (0.30) | 0.00 | 0.28 | 0.00 | 7.46 | 30.57 | |||
| LABA | 4.83 | (1.33) | 0.00 | (1.84) | 0.00 | 12.58 | 38.79 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nusa Palapa 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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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
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Nusa Palapa Corporate Management
Elected by the shareholders, the Nusa Palapa's board of directors comprises two types of representatives: Nusa Palapa inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nusa. The board's role is to monitor Nusa Palapa's management team and ensure that shareholders' interests are well served. Nusa Palapa'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, Nusa Palapa's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Edy Kurniawan | Marketing Director | Profile | |
| Budi Hariadi | Director Director | Profile | |
| Uus Sudianto | Pres Director | Profile | |
| SE MM | Director Director | Profile |