Bank Agris Correlations
| AGRS Stock | IDR 59.00 1.00 1.67% |
The current 90-days correlation between Bank Agris Tbk and Bank Ganesha Tbk is -0.07 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Agris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Agris Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bank Agris Correlation With Market
Significant diversification
The correlation between Bank Agris Tbk and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank Agris Tbk and DJI in the same portfolio, assuming nothing else is changed.
Bank |
The ability to find closely correlated positions to Bank Agris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Agris 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 Bank Agris - 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 Bank Agris Tbk to buy it.
Moving together with Bank Stock
| 0.75 | ASDM | Asuransi Dayin Mitra | PairCorr |
| 0.8 | ASRM | Asuransi Ramayana Tbk | PairCorr |
| 0.85 | BNBA | Bank Bumi Arta | PairCorr |
Moving against Bank Stock
| 0.86 | WIFI | Solusi Sinergi Digital | PairCorr |
| 0.77 | BINA | Bank Ina Perdana | PairCorr |
| 0.63 | EDGE | Indointernet Tbk | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Bank Stock performing well and Bank Agris 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 Bank Agris' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BGTG | 1.58 | (0.27) | 0.00 | 0.30 | 0.00 | 2.82 | 18.40 | |||
| BBYB | 1.72 | (0.61) | 0.00 | (22.77) | 0.00 | 3.59 | 16.95 | |||
| BBHI | 2.83 | (0.38) | 0.00 | 1.95 | 0.00 | 6.43 | 31.56 | |||
| BABP | 1.09 | (0.23) | 0.00 | (1.37) | 0.00 | 1.89 | 9.33 | |||
| BACA | 0.22 | (0.03) | 0.00 | (5.13) | 0.00 | 0.77 | 1.53 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bank Agris 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?
Run Portfolio Holdings Now
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
Bank Agris Corporate Management
Elected by the shareholders, the Bank Agris' board of directors comprises two types of representatives: Bank Agris inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank Agris' management team and ensure that shareholders' interests are well served. Bank Agris' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bank Agris' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ita Hidayati | Corporate Secretary | Profile | |
| Imelda Kharisman | Head Division | Profile | |
| Sigit Pamungkas | Tax Accounting | Profile | |
| Shooman | Head Division | Profile | |
| Yoan Novianna | Head Division | Profile |