Indosat Tbk Correlations
| ISAT Stock | IDR 1,345 65.00 4.61% |
The current 90-days correlation between Indosat Tbk and Astra Agro Lestari is 0.38 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Indosat Tbk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Indosat Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Indosat Tbk Correlation With Market
Good diversification
The correlation between Indosat Tbk and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Indosat Tbk and DJI in the same portfolio, assuming nothing else is changed.
Indosat |
The ability to find closely correlated positions to Indosat Tbk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Indosat Tbk 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 Indosat Tbk - 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 Indosat Tbk to buy it.
Moving together with Indosat Stock
Moving against Indosat Stock
| 0.89 | WIFI | Solusi Sinergi Digital | PairCorr |
| 0.73 | IFII | Indonesia Fibreboard | PairCorr |
| 0.54 | BIKE | Sepeda Bersama Indonesia | PairCorr |
Related Correlations Analysis
| 0.75 | 0.66 | 0.69 | 0.69 | AALI | ||
| 0.75 | 0.68 | 0.82 | 0.68 | INCO | ||
| 0.66 | 0.68 | 0.76 | 0.73 | TINS | ||
| 0.69 | 0.82 | 0.76 | 0.75 | MEDC | ||
| 0.69 | 0.68 | 0.73 | 0.75 | TLKM | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Indosat Stock performing well and Indosat Tbk 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 Indosat Tbk'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AALI | 1.16 | (0.06) | 0.00 | 1.01 | 0.00 | 3.17 | 11.26 | |||
| INCO | 2.54 | (0.63) | 0.00 | (0.91) | 0.00 | 6.83 | 18.83 | |||
| TINS | 2.51 | (0.07) | 0.00 | 2.48 | 0.00 | 5.52 | 15.88 | |||
| MEDC | 1.39 | (0.14) | 0.00 | (0.73) | 0.00 | 2.86 | 13.55 | |||
| TLKM | 1.86 | (0.15) | 0.00 | (1.27) | 0.00 | 4.55 | 12.52 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Indosat Tbk 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 Idea Analyzer Now
Idea AnalyzerAnalyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |
| All Next | Launch Module |
Indosat Tbk Corporate Management
Elected by the shareholders, the Indosat Tbk's board of directors comprises two types of representatives: Indosat Tbk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Indosat. The board's role is to monitor Indosat Tbk's management team and ensure that shareholders' interests are well served. Indosat Tbk'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, Indosat Tbk's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chi Lee | Director CFO | Profile | |
| Indar Dhaliwal | VP Office | Profile | |
| Armand Hermawan | Chief Director | Profile | |
| Desmond Cheung | Chief Officer | Profile | |
| Arya Suryawan | Division Management | Profile | |
| Mohammed Lodhi | Chief Officer | Profile |