Saraswanti Anugerah Correlations
| SAMF Stock | IDR 336.00 2.00 0.60% |
The current 90-days correlation between Saraswanti Anugerah and Panca Budi Idaman is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Saraswanti Anugerah moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saraswanti Anugerah Makmur moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Saraswanti Anugerah Correlation With Market
Modest diversification
The correlation between Saraswanti Anugerah Makmur and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saraswanti Anugerah Makmur and DJI in the same portfolio, assuming nothing else is changed.
Saraswanti |
The ability to find closely correlated positions to Saraswanti Anugerah could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saraswanti Anugerah 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 Saraswanti Anugerah - 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 Saraswanti Anugerah Makmur to buy it.
Moving together with Saraswanti Stock
Moving against Saraswanti Stock
| 0.73 | MYOH | Samindo Resources Tbk | PairCorr |
| 0.6 | SMDM | Suryamas Dutamakmur Tbk | PairCorr |
| 0.58 | INAI | Indal Aluminium Industry | PairCorr |
| 0.53 | RGAS | Kian Santang Muliatama | PairCorr |
| 0.52 | IFII | Indonesia Fibreboard | PairCorr |
| 0.48 | EDGE | Indointernet Tbk | PairCorr |
| 0.45 | LPPF | Matahari Department Store | PairCorr |
| 0.44 | FITT | Hotel Fitra International | PairCorr |
| 0.39 | CLAY | Citra Putra Realty | PairCorr |
| 0.35 | BUVA | Bukit Uluwatu Villa | PairCorr |
| 0.31 | PKPK | Perdana Karya Perkasa | PairCorr |
Related Correlations Analysis
| -0.12 | 0.05 | -0.15 | 0.28 | PBID | ||
| -0.12 | 0.58 | 0.9 | -0.72 | GGRP | ||
| 0.05 | 0.58 | 0.67 | -0.77 | AGII | ||
| -0.15 | 0.9 | 0.67 | -0.79 | MARK | ||
| 0.28 | -0.72 | -0.77 | -0.79 | MLPT | ||
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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 Saraswanti Stock performing well and Saraswanti Anugerah 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 Saraswanti Anugerah'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PBID | 1.52 | (0.14) | 0.00 | 0.23 | 0.00 | 3.00 | 19.48 | |||
| GGRP | 1.48 | (0.23) | 0.00 | 1.69 | 0.00 | 5.56 | 19.48 | |||
| AGII | 1.59 | (0.35) | 0.00 | (1.65) | 0.00 | 2.58 | 18.71 | |||
| MARK | 1.18 | (0.26) | 0.00 | 0.55 | 0.00 | 2.15 | 7.58 | |||
| MLPT | 3.96 | 1.32 | 0.38 | (1.01) | 2.70 | 19.94 | 30.47 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Saraswanti Anugerah 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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Saraswanti Anugerah Corporate Management
Elected by the shareholders, the Saraswanti Anugerah's board of directors comprises two types of representatives: Saraswanti Anugerah inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Saraswanti. The board's role is to monitor Saraswanti Anugerah's management team and ensure that shareholders' interests are well served. Saraswanti Anugerah'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, Saraswanti Anugerah's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Theresia Rahayu | Director Director | Profile | |
| Andi Irwandy | Director Director | Profile | |
| Andreas Harsanto | Director Director | Profile | |
| Fx Hartono | Director Director | Profile | |
| Yahya Taufik | Pres Director | Profile |