PT Indonesia Correlations
| IPCC Stock | 740.00 5.00 0.67% |
The current 90-days correlation between PT Indonesia Kendaraan and Jasa Armada Indonesia is 0.4 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PT Indonesia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PT Indonesia Kendaraan moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
PT Indonesia Correlation With Market
Significant diversification
The correlation between PT Indonesia Kendaraan and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PT Indonesia Kendaraan and DJI in the same portfolio, assuming nothing else is changed.
IPCC |
The ability to find closely correlated positions to PT Indonesia 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 Indonesia 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 Indonesia - 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 Indonesia Kendaraan to buy it.
Moving against IPCC Stock
| 0.59 | TNCA | PT Trimuda Nuansa | PairCorr |
| 0.56 | SAPX | Satria Antaran Prima | PairCorr |
| 0.55 | GGRM | Gudang Garam Tbk Earnings Call Today | PairCorr |
| 0.48 | HMSP | Hanjaya Mandala Sampoerna | PairCorr |
| 0.46 | PPGL | Prima Globalindo Logistik | PairCorr |
| 0.42 | KJEN | Krida Jaringan Nusantara | PairCorr |
| 0.32 | BBCA | Bank Central Asia | PairCorr |
| 0.32 | AMRT | Sumber Alfaria Trijaya | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between IPCC Stock performing well and PT Indonesia 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 Indonesia'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IPCM | 0.58 | (0.09) | 0.00 | 3.42 | 0.00 | 1.54 | 3.92 | |||
| POWR | 0.73 | (0.09) | 0.00 | 0.78 | 0.00 | 0.78 | 4.62 | |||
| MPMX | 0.59 | (0.07) | 0.00 | 0.94 | 0.00 | 1.09 | 3.68 | |||
| WEGE | 1.84 | (0.29) | 0.00 | (0.44) | 0.00 | 4.00 | 13.33 | |||
| DMAS | 0.97 | (0.22) | 0.00 | 0.80 | 0.00 | 2.17 | 6.04 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PT Indonesia 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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PT Indonesia Corporate Management
Elected by the shareholders, the PT Indonesia's board of directors comprises two types of representatives: PT Indonesia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IPCC. The board's role is to monitor PT Indonesia's management team and ensure that shareholders' interests are well served. PT Indonesia'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 Indonesia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Feri Irawan | Director Director | Profile | |
| Andi Hamdani | Operations Director | Profile | |
| Kresnajaya Prasetia | Sr Systems | Profile | |
| Agus Hendrianto | Director Director | Profile | |
| Ari Basuki | Head Management | Profile | |
| Sofyan Gumelar | Sr Sec | Profile | |
| Rio Lasse | Pres Director | Profile |