Asuransi Jiwa Correlations
| LIFE Stock | 6,150 100.00 1.65% |
The current 90-days correlation between Asuransi Jiwa Sinarmas and Bank Mayapada Internasional is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asuransi Jiwa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asuransi Jiwa Sinarmas moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Asuransi Jiwa Correlation With Market
Average diversification
The correlation between Asuransi Jiwa Sinarmas and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Asuransi Jiwa Sinarmas and DJI in the same portfolio, assuming nothing else is changed.
Asuransi |
The ability to find closely correlated positions to Asuransi Jiwa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asuransi Jiwa 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 Asuransi Jiwa - 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 Asuransi Jiwa Sinarmas to buy it.
Moving together with Asuransi Stock
Moving against Asuransi Stock
| 0.85 | VIVA | Visi Media Asia | PairCorr |
| 0.81 | KOKA | PT Koka Indonesia | PairCorr |
| 0.8 | DKFT | Central Omega Resources | PairCorr |
| 0.8 | BSIM | Bank Sinarmas Tbk | PairCorr |
| 0.8 | RAJA | Rukun Raharja Tbk | PairCorr |
| 0.71 | GTSI | GTS Internasional Tbk | PairCorr |
| 0.59 | SCMA | Surya Citra Media | PairCorr |
| 0.57 | BTEK | Bumi Teknokultura Unggul | PairCorr |
| 0.5 | BSSR | Baramulti Suksessarana | PairCorr |
| 0.5 | IFII | Indonesia Fibreboard | PairCorr |
| 0.47 | MFMI | Multifiling Mitra | PairCorr |
| 0.45 | LION | Lion Metal Works | PairCorr |
| 0.44 | POLA | Pool Advista Finance | PairCorr |
| 0.36 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.34 | PTIS | Indo Straits Tbk | PairCorr |
| 0.32 | BYAN | Bayan Resources Tbk Earnings Call This Week | PairCorr |
| 0.86 | LPPF | Matahari Department Store | PairCorr |
| 0.81 | JPFA | Japfa Comfeed Indonesia | PairCorr |
| 0.78 | SGRO | Sampoerna Agro Tbk | PairCorr |
| 0.78 | CNKO | Exploitasi Energi | PairCorr |
| 0.78 | ATAP | Trimitra Prawara Goldland | PairCorr |
| 0.76 | ITMA | Sumber Energi Andalan | PairCorr |
| 0.75 | INET | PT Sinergi Inti | PairCorr |
| 0.7 | RGAS | Kian Santang Muliatama | PairCorr |
| 0.69 | TIRA | Tira Austenite Tbk | PairCorr |
| 0.68 | CMNP | Citra Marga Nusaphala | PairCorr |
| 0.67 | FUJI | Fuji Finance Indonesia | PairCorr |
Related Correlations Analysis
| 0.47 | -0.5 | -0.53 | 0.46 | MAYA | ||
| 0.47 | -0.85 | -0.9 | 0.71 | MEGA | ||
| -0.5 | -0.85 | 0.8 | -0.52 | SMMA | ||
| -0.53 | -0.9 | 0.8 | -0.59 | BSIM | ||
| 0.46 | 0.71 | -0.52 | -0.59 | IPTV | ||
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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 Asuransi Stock performing well and Asuransi Jiwa 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 Asuransi Jiwa'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MAYA | 1.70 | (0.38) | 0.00 | (0.71) | 0.00 | 4.85 | 9.96 | |||
| MEGA | 1.16 | (0.45) | 0.00 | 1.14 | 0.00 | 2.13 | 10.42 | |||
| SMMA | 0.42 | 0.09 | 0.07 | 0.40 | 0.39 | 1.47 | 7.78 | |||
| BSIM | 1.63 | 0.15 | 0.06 | (0.64) | 1.70 | 5.10 | 18.74 | |||
| IPTV | 2.32 | (0.21) | 0.00 | (0.63) | 0.00 | 4.55 | 9.11 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Asuransi Jiwa 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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Asuransi Jiwa Corporate Management
Elected by the shareholders, the Asuransi Jiwa's board of directors comprises two types of representatives: Asuransi Jiwa inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asuransi. The board's role is to monitor Asuransi Jiwa's management team and ensure that shareholders' interests are well served. Asuransi Jiwa'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, Asuransi Jiwa's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Johana Louhenapessy | Head Management | Profile | |
| Wianto Chen | Pres Director | Profile | |
| Aditya Indrawanto | Head Marketing | Profile | |
| Novelita Siregar | Chief Officer | Profile | |
| Toru Nakabayashi | Head Improvement | Profile | |
| Benhard Quadriansyah | Head Support | Profile | |
| Leony Samosir | Head Sec | Profile |