Siloam International Correlations
| SILO Stock | IDR 3,150 70.00 2.27% |
The current 90-days correlation between Siloam International and Mitra Keluarga Karyasehat is -0.33 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Siloam International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Siloam International Hospitals moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Siloam International Correlation With Market
Good diversification
The correlation between Siloam International Hospitals and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Siloam International Hospitals and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Siloam International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siloam International 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 Siloam International - 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 Siloam International Hospitals to buy it.
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
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Risk-Adjusted Indicators
There is a big difference between Siloam Stock performing well and Siloam International 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 Siloam International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MIKA | 1.53 | (0.21) | 0.00 | (0.84) | 0.00 | 3.32 | 10.99 | |||
| SCMA | 1.43 | 0.19 | 0.00 | (0.31) | 1.24 | 5.83 | 11.32 | |||
| SSMS | 1.58 | (0.01) | 0.00 | 0.18 | 0.00 | 4.63 | 13.15 | |||
| MPMX | 0.42 | (0.05) | 0.00 | 1.66 | 0.00 | 0.51 | 2.48 | |||
| JIHD | 6.28 | 3.67 | 0.86 | 5.18 | 1.97 | 24.79 | 34.81 | |||
| ISAT | 3.40 | (1.36) | 0.00 | (1.52) | 0.00 | 5.12 | 79.95 | |||
| INOV | 1.78 | 0.07 | (0.03) | (0.23) | 2.04 | 3.19 | 22.27 | |||
| PSAB | 3.53 | 0.42 | 0.09 | 0.72 | 3.85 | 10.84 | 32.59 | |||
| AKRA | 1.57 | (0.35) | 0.00 | (0.62) | 0.00 | 3.08 | 8.67 | |||
| HERO | 1.74 | (0.24) | 0.00 | 11.84 | 0.00 | 4.72 | 12.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Siloam International 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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Siloam International Corporate Management
Elected by the shareholders, the Siloam International's board of directors comprises two types of representatives: Siloam International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Siloam. The board's role is to monitor Siloam International's management team and ensure that shareholders' interests are well served. Siloam International'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, Siloam International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gunawan Prajitno | Head Audit | Profile | |
| Joel Ellis | Investor Mang | Profile | |
| Catherine Sabatini | Company Sec | Profile | |
| Mochtar Riady | Founder | Profile | |
| Maria | Hospital Officer | Profile | |
| Darjoto BSc | Pres Director | Profile | |
| Amelia Hendra | Hospital Officer | Profile |