Sriwahana Correlations
| SWAT Stock | IDR 22.00 2.00 10.00% |
The current 90-days correlation between Sriwahana and PT Trimuda Nuansa is 0.17 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sriwahana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sriwahana moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Sriwahana Correlation With Market
Very good diversification
The correlation between Sriwahana and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sriwahana and DJI in the same portfolio, assuming nothing else is changed.
Sriwahana |
The ability to find closely correlated positions to Sriwahana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sriwahana 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 Sriwahana - 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 Sriwahana to buy it.
Moving together with Sriwahana Stock
Moving against Sriwahana Stock
| 0.77 | PSKT | Red Planet Indonesia | PairCorr |
| 0.75 | TRUK | Guna Timur Raya | PairCorr |
| 0.66 | IGAR | Champion Pacific Ind | PairCorr |
| 0.66 | PTRO | Petrosea Tbk Split | PairCorr |
| 0.61 | LAPD | Leyand International Tbk | PairCorr |
| 0.52 | DMMX | Digital Mediatama Maxima | PairCorr |
| 0.49 | POLU | Golden Flower Tbk | PairCorr |
| 0.44 | TRST | Trias Sentosa Tbk | PairCorr |
| 0.39 | KEJU | Mulia Boga Raya Split | PairCorr |
| 0.32 | PADI | Minna Padi Investama | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Sriwahana Stock performing well and Sriwahana 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 Sriwahana'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TRUK | 1.67 | 0.77 | 0.37 | 0.80 | 1.19 | 4.81 | 11.09 | |||
| TNCA | 3.18 | (0.23) | 0.00 | (3.72) | 0.00 | 8.16 | 43.50 | |||
| HKMU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PRIM | 1.47 | (0.05) | 0.06 | (0.02) | 1.57 | 3.51 | 8.71 | |||
| CAKK | 1.11 | (0.11) | 0.00 | 0.69 | 0.00 | 2.22 | 7.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sriwahana 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?
Run Performance Analysis Now
Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
Sriwahana Corporate Management
Elected by the shareholders, the Sriwahana's board of directors comprises two types of representatives: Sriwahana inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sriwahana. The board's role is to monitor Sriwahana's management team and ensure that shareholders' interests are well served. Sriwahana'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, Sriwahana's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thjie Kristyani | Finance Director, Independent Director | Profile | |
| Ferid Wardhana | Production Director | Profile | |
| Shio Susanto | President Director | Profile | |
| Muhammad Santoso | Independent Commissioner | Profile | |
| Edy Cahyono | Co Sec | Profile | |
| Dian Sandjojo | Director of Marketing | Profile | |
| Tjhie Kristyani | F Director | Profile |