PT Bank Correlations
| BZG2 Stock | EUR 0.45 0.02 4.65% |
The current 90-days correlation between PT Bank Central and PLAY2CHILL SA ZY is 0.29 (i.e., Modest diversification). The correlation of PT Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
PT Bank Correlation With Market
Modest diversification
The correlation between PT Bank Central and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PT Bank Central and DJI in the same portfolio, assuming nothing else is changed.
BZG2 |
The ability to find closely correlated positions to PT Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PT Bank 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 PT Bank - 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 PT Bank Central to buy it.
Moving together with BZG2 Stock
Moving against BZG2 Stock
| 0.86 | M4B | China Merchants Bank Earnings Call This Week | PairCorr |
| 0.86 | 5TP | BLUE LABEL | PairCorr |
| 0.86 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.85 | BSN | Danone SA | PairCorr |
| 0.84 | JYS1 | JYSKE BANK | PairCorr |
| 0.84 | TKA | thyssenkrupp AG | PairCorr |
| 0.84 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.76 | T62 | TOHO ZINC LTD | PairCorr |
| 0.69 | TLLB | Trelleborg AB | PairCorr |
| 0.67 | E908 | Lyxor 1 | PairCorr |
| 0.61 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.6 | MZ8A | Mizuho Financial | PairCorr |
| 0.58 | MZ8 | Mizuho Financial | PairCorr |
| 0.56 | ROM | Rohm Co | PairCorr |
| 0.5 | MRG | Outcrop Silver Gold | PairCorr |
| 0.44 | HUKI | HUHTAMAKI | PairCorr |
| 0.36 | 5JP | Japan Post Bank | PairCorr |
Related Correlations Analysis
| -0.78 | -0.38 | 0.53 | 0.68 | 0.12 | 688 | ||
| -0.78 | 0.42 | -0.29 | -0.44 | -0.14 | HAM | ||
| -0.38 | 0.42 | -0.11 | -0.03 | 0.06 | 9GY | ||
| 0.53 | -0.29 | -0.11 | 0.5 | 0.54 | 8DA1 | ||
| 0.68 | -0.44 | -0.03 | 0.5 | 0.04 | M8Z | ||
| 0.12 | -0.14 | 0.06 | 0.54 | 0.04 | LGA | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between BZG2 Stock performing well and PT Bank 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 PT Bank'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 688 | 1.84 | (0.41) | 0.00 | 1.03 | 0.00 | 3.17 | 15.02 | |||
| HAM | 2.35 | 0.71 | 0.26 | 1.16 | 2.20 | 5.94 | 12.60 | |||
| 9GY | 1.57 | 0.10 | 0.04 | 0.31 | 2.09 | 3.85 | 13.57 | |||
| 8DA1 | 1.73 | 0.01 | 0.04 | (0.10) | 2.16 | 3.09 | 21.37 | |||
| M8Z | 0.88 | (0.40) | 0.00 | (0.51) | 0.00 | 0.00 | 26.81 | |||
| LGA | 1.77 | (0.01) | 0.00 | (0.10) | 0.00 | 3.33 | 17.32 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PT Bank 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 Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
PT Bank Corporate Management
Elected by the shareholders, the PT Bank's board of directors comprises two types of representatives: PT Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BZG2. The board's role is to monitor PT Bank's management team and ensure that shareholders' interests are well served. PT Bank'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, PT Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ho Tan | Credit Director | Profile | |
| I Wangsawijaya | Head Division | Profile | |
| Lianawaty Suwono | Director Director | Profile | |
| Armand Hartono | Deputy Director | Profile | |
| Vera Lim | Planning Director | Profile | |
| Haryanto Budiman | Director Director | Profile | |
| Jahja Setiaatmadja | Pres Director | Profile |