Kmi Wire Correlations
| KBLI Stock | IDR 370.00 6.00 1.60% |
The current 90-days correlation between Kmi Wire And and Champion Pacific Indonesia is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kmi Wire moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kmi Wire And moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Kmi Wire Correlation With Market
Very good diversification
The correlation between Kmi Wire And and DJI is -0.26 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kmi Wire And and DJI in the same portfolio, assuming nothing else is changed.
Kmi |
The ability to find closely correlated positions to Kmi Wire could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kmi Wire 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 Kmi Wire - 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 Kmi Wire And to buy it.
Moving together with Kmi Stock
| 0.67 | BNLI | Bank Permata Tbk | PairCorr |
| 0.62 | MPMX | Mitra Pinasthika Mustika | PairCorr |
| 0.77 | BMRI | Bank Mandiri Persero | PairCorr |
| 0.65 | CTTH | Citatah Tbk | PairCorr |
| 0.63 | PZZA | PT Sarimelati Kencana | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Kmi Stock performing well and Kmi Wire 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 Kmi Wire'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INCI | 0.98 | 0.02 | (0.05) | (0.13) | 1.30 | 1.75 | 8.49 | |||
| IGAR | 0.82 | 0.11 | (0.01) | (0.45) | 0.78 | 1.81 | 9.86 | |||
| MPMX | 0.42 | (0.08) | 0.00 | (0.60) | 0.00 | 0.51 | 2.48 | |||
| JIHD | 6.28 | 3.05 | 0.50 | 3.07 | 3.65 | 24.74 | 34.93 | |||
| AHAP | 1.60 | (0.60) | 0.00 | (0.99) | 0.00 | 3.09 | 10.05 | |||
| TECH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ISAT | 3.41 | (1.23) | 0.00 | (1.51) | 0.00 | 5.88 | 79.95 | |||
| BBNI | 1.30 | (0.15) | 0.00 | 1.08 | 0.00 | 2.73 | 9.09 | |||
| KKES | 1.87 | (0.77) | 0.00 | 3.57 | 0.00 | 3.23 | 12.35 | |||
| CASA | 1.44 | 0.10 | 0.00 | (2.14) | 2.08 | 3.60 | 21.12 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kmi Wire 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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Kmi Wire Corporate Management
Elected by the shareholders, the Kmi Wire's board of directors comprises two types of representatives: Kmi Wire inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kmi. The board's role is to monitor Kmi Wire's management team and ensure that shareholders' interests are well served. Kmi Wire'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, Kmi Wire's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rasidi | Independent Commissioner | Profile | |
| Jenni Hendriati | Head Unit | Profile | |
| Made Yudana | Corporate Secretary | Profile | |
| Ihsan Udin | Technical Mang | Profile |