JSW Holdings Correlations

Stocks . India . 
Stock . JSW Holdings Limited
JSWHL Stock   21,995  755.00  3.55%   
The current 90-days correlation between JSW Holdings Limited and Aptech Limited is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JSW Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JSW Holdings Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

JSW Holdings Correlation With Market

Good diversification

The correlation between JSW Holdings Limited and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JSW Holdings Limited and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to JSW Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JSW Holdings 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 JSW Holdings - 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 JSW Holdings Limited to buy it.

Moving against JSW Stock

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between JSW Stock performing well and JSW Holdings 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 JSW Holdings' 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 JSW Holdings 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.

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JSW Holdings Corporate Management

Elected by the shareholders, the JSW Holdings' board of directors comprises two types of representatives: JSW Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of JSW. The board's role is to monitor JSW Holdings' management team and ensure that shareholders' interests are well served. JSW Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, JSW Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Sanjay GuptaCompany OfficerProfile
Akshat ChechaniCompany OfficerProfile
Tarini HandaManaging RealtyProfile
Arun MaheshwariJoint InfrastructureProfile
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