Sampoerna Agro Correlations
| SGRO Stock | IDR 2,220 20.00 0.91% |
The current 90-days correlation between Sampoerna Agro Tbk and Bakrie Sumatera Plantations is -0.28 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sampoerna Agro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sampoerna Agro Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Sampoerna Agro Correlation With Market
Modest diversification
The correlation between Sampoerna Agro Tbk and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sampoerna Agro Tbk and DJI in the same portfolio, assuming nothing else is changed.
Sampoerna |
The ability to find closely correlated positions to Sampoerna Agro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sampoerna Agro 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 Sampoerna Agro - 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 Sampoerna Agro Tbk to buy it.
Moving against Sampoerna Stock
| 0.71 | MAYA | Bank Mayapada Intern | PairCorr |
| 0.7 | BBCA | Bank Central Asia | PairCorr |
| 0.69 | ASII | Astra International Tbk | PairCorr |
| 0.63 | INDF | PT Indofood Sukses | PairCorr |
| 0.6 | HMSP | Hanjaya Mandala Sampoerna | PairCorr |
| 0.54 | PTBA | Bukit Asam Tbk | PairCorr |
| 0.41 | BBNI | Bank Negara Indonesia | PairCorr |
| 0.32 | BBRI | Bank Rakyat Indonesia | PairCorr |
Related Correlations Analysis
| 0.24 | 0.05 | 0.13 | 0.14 | UNSP | ||
| 0.24 | -0.04 | -0.29 | 0.36 | LSIP | ||
| 0.05 | -0.04 | 0.83 | -0.47 | AALI | ||
| 0.13 | -0.29 | 0.83 | -0.56 | TBLA | ||
| 0.14 | 0.36 | -0.47 | -0.56 | SMCB | ||
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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 Sampoerna Stock performing well and Sampoerna Agro 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 Sampoerna Agro'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UNSP | 2.50 | (0.36) | 0.00 | 2.65 | 0.00 | 6.49 | 19.35 | |||
| LSIP | 1.59 | (0.09) | 0.00 | 0.98 | 0.00 | 3.65 | 12.52 | |||
| AALI | 1.13 | (0.20) | 0.00 | 1.46 | 0.00 | 3.13 | 11.26 | |||
| TBLA | 1.05 | (0.21) | 0.00 | 0.50 | 0.00 | 2.61 | 7.88 | |||
| SMCB | 0.45 | 0.02 | 0.05 | (0.39) | 0.68 | 1.35 | 5.22 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sampoerna Agro 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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Sampoerna Agro Corporate Management
Elected by the shareholders, the Sampoerna Agro's board of directors comprises two types of representatives: Sampoerna Agro inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sampoerna. The board's role is to monitor Sampoerna Agro's management team and ensure that shareholders' interests are well served. Sampoerna Agro'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, Sampoerna Agro's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Parluhutan Sitohang | Head Director | Profile | |
| Heri Harjanto | CFO Director | Profile | |
| Sudung Halomoan | Head Audit | Profile | |
| Eris Ariaman | Corporate Secretary | Profile |