Phapros Tbk Correlations
| PEHA Stock | IDR 302.00 4.00 1.31% |
The current 90-days correlation between Phapros Tbk PT and Pyridam Farma Tbk is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Phapros Tbk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phapros Tbk PT moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Phapros Tbk Correlation With Market
Good diversification
The correlation between Phapros Tbk PT and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Phapros Tbk PT and DJI in the same portfolio, assuming nothing else is changed.
Phapros |
The ability to find closely correlated positions to Phapros 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 Phapros 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 Phapros 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 Phapros Tbk PT to buy it.
Moving together with Phapros Stock
| 0.75 | SIDO | Sido Muncul PT | PairCorr |
| 0.86 | KAEF | Kimia Farma Persero | PairCorr |
| 0.95 | MERK | Merck Tbk | PairCorr |
| 0.69 | MDKA | Merdeka Copper Gold | PairCorr |
| 0.91 | TPIA | Chandra Asri Petroch | PairCorr |
Moving against Phapros Stock
| 0.85 | BYAN | Bayan Resources Tbk | PairCorr |
| 0.76 | BRMS | Bumi Resources Minerals | PairCorr |
| 0.39 | BIPI | Benakat Petroleum Energy | 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 Phapros Stock performing well and Phapros 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 Phapros 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| INAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PYFA | 5.02 | 1.29 | 0.28 | 0.97 | 3.54 | 15.32 | 34.04 | |||
| IRRA | 0.73 | (0.28) | 0.00 | (10.38) | 0.00 | 1.26 | 4.94 | |||
| DVLA | 0.63 | (0.07) | 0.00 | (0.92) | 0.00 | 1.53 | 7.49 | |||
| KAEF | 1.41 | (0.34) | 0.00 | (1.62) | 0.00 | 2.52 | 12.56 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Phapros 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?
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Phapros Tbk Corporate Management
Elected by the shareholders, the Phapros Tbk's board of directors comprises two types of representatives: Phapros Tbk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Phapros. The board's role is to monitor Phapros Tbk's management team and ensure that shareholders' interests are well served. Phapros 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, Phapros Tbk's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Riza Effendi | Head Unit | Profile | |
| Erfan Prananto | Gen Accounting | Profile | |
| Ida Kurniasih | Production Director | Profile | |
| David Sidjabat | Risk Fin | Profile | |
| Syamsul Huda | Director of Production | Profile | |
| Barokah Utami | President Director | Profile | |
| Heru Marsono | Director of Finance | Profile |