Mahaka Media Correlations
| ABBA Stock | IDR 23.00 3.00 11.54% |
The current 90-days correlation between Mahaka Media Tbk and Bayu Buana Tbk is 0.16 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mahaka Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mahaka Media Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Mahaka Media Correlation With Market
Significant diversification
The correlation between Mahaka Media Tbk and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mahaka Media Tbk and DJI in the same portfolio, assuming nothing else is changed.
Mahaka |
The ability to find closely correlated positions to Mahaka Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mahaka Media 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 Mahaka Media - 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 Mahaka Media Tbk to buy it.
Moving together with Mahaka Stock
| 0.76 | BBRI | Bank Rakyat Indonesia Earnings Call This Week | PairCorr |
| 0.74 | BBCA | Bank Central Asia | PairCorr |
| 0.71 | HMSP | Hanjaya Mandala Sampoerna | PairCorr |
| 0.74 | BUKA | PT Bukalapak | PairCorr |
| 0.78 | GIAA | Garuda Indonesia Persero | PairCorr |
Related Correlations Analysis
| 0.63 | 0.55 | 0.37 | 0.81 | AIMS | ||
| 0.63 | 0.78 | 0.48 | 0.71 | BAYU | ||
| 0.55 | 0.78 | 0.22 | 0.71 | CENT | ||
| 0.37 | 0.48 | 0.22 | 0.49 | FORU | ||
| 0.81 | 0.71 | 0.71 | 0.49 | ALKA | ||
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Risk-Adjusted Indicators
There is a big difference between Mahaka Stock performing well and Mahaka Media 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 Mahaka Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AIMS | 2.17 | (1.00) | 0.00 | 29.00 | 0.00 | 4.78 | 23.21 | |||
| BAYU | 0.86 | (0.12) | 0.00 | (2.66) | 0.00 | 2.03 | 6.49 | |||
| CENT | 2.10 | (0.28) | 0.00 | 0.67 | 0.00 | 4.35 | 15.14 | |||
| FORU | 5.88 | 0.25 | 0.04 | 0.27 | 6.52 | 23.86 | 44.72 | |||
| ALKA | 1.60 | (0.27) | 0.00 | (0.86) | 0.00 | 3.19 | 13.34 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mahaka Media 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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Mahaka Media Corporate Management
Elected by the shareholders, the Mahaka Media's board of directors comprises two types of representatives: Mahaka Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mahaka. The board's role is to monitor Mahaka Media's management team and ensure that shareholders' interests are well served. Mahaka Media'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, Mahaka Media's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Aris Nugraha | Gen Accounting | Profile | |
| Tubagus F | Pres CEO | Profile | |
| Silvester Anggoro | Co Sec | Profile | |
| Ishak Reza | Chief Director | Profile | |
| Vincentius Haryanto | Chief Director | Profile | |
| Troy SE | Ex Director | Profile |