Bank Mnc Correlations
| BABP Stock | IDR 50.00 0.00 0.00% |
The current 90-days correlation between Bank Mnc Internasional and Bank Capital Indonesia is -0.22 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Mnc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Mnc Internasional moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bank Mnc Correlation With Market
Average diversification
The correlation between Bank Mnc Internasional and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank Mnc Internasional and DJI in the same portfolio, assuming nothing else is changed.
Bank |
The ability to find closely correlated positions to Bank Mnc 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 Mnc 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 Mnc - 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 Mnc Internasional to buy it.
Moving against Bank Stock
| 0.8 | MFMI | Multifiling Mitra | PairCorr |
| 0.78 | CCSI | Communication Cable | PairCorr |
| 0.47 | LINK | Link Net Tbk | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Bank Stock performing well and Bank Mnc 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 Mnc'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BACA | 0.21 | (0.02) | 0.00 | 0.73 | 0.00 | 0.77 | 1.53 | |||
| BEKS | 2.49 | (0.61) | 0.00 | 2.19 | 0.00 | 4.35 | 14.81 | |||
| BVIC | 1.95 | (0.26) | 0.00 | (3.88) | 0.00 | 3.41 | 28.36 | |||
| BKSW | 1.96 | (0.59) | 0.00 | 1.90 | 0.00 | 3.77 | 14.59 | |||
| BNBA | 1.35 | (0.28) | 0.00 | 0.48 | 0.00 | 2.54 | 10.71 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bank Mnc 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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Bank Mnc Corporate Management
Elected by the shareholders, the Bank Mnc's board of directors comprises two types of representatives: Bank Mnc 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 Mnc's management team and ensure that shareholders' interests are well served. Bank Mnc'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, Bank Mnc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Parman Suparman | Chief Officer | Profile | |
| Evira Tanuwidjaya | Group Legal | Profile | |
| Anditio Ismediatama | Group Banking | Profile | |
| Jimmy Suherman | Head Group | Profile | |
| Aris Palembangan | Chief Officer | Profile | |
| Vincentius Dewanto | Group Communication | Profile |