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HOG PII THO DW Small Value Housewares Compulsion Office Supplies 
Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Collecting data for ^JKSE and PKPK ...

Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Jakarta Comp  vs   Perdana Karya Perkasa Tbk
Check Correlation Matrix  
Daily Returns (%)
JKSE   PKPK   
 
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Assuming 30 trading days horizon, Jakarta Comp is expected to generate 0.97 times more return on investment than Perdana. However, Jakarta Comp is 1.04 times less risky than Perdana. It trades about -0.2 of its potential returns per unit of risk. Perdana Karya Perkasa Tbk is currently generating about -0.44 per unit of risk. If you would invest  518,876  in Jakarta Comp on May 20, 2013 and sell it today you would lose (34,831) from holding Jakarta Comp or give up 6.71% of portfolio value over 30 days.

Diversification

Modest diversification
Overlapping area represents amount of risk that can be diversified away by holding Jakarta Comp and Perdana Karya Perkasa Tbk in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.24
Parameters
Time Period1 Month [change]
DirectionPositive PKPK.JK Moved Up vs ^JKSE
StrengthVery Weak
Accuracy100.0%
ValuesDaily Returns
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Predicted Return Density
 
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Returns   
JKSE   PKPK   

Jakarta Comp

 
    
Jakarta
Performance
0
Out Of
100
Over 30
Days
    

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Perdana Karya Perkasa Tbk

 
    
Perdana
Performance
0
Out Of
100
Over 30
Days
Over the last 30 days Perdana Karya Perkasa Tbk has generated negative risk-adjusted returns adding no value to investors with long positions.
    


 
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