Bank Amar Correlations
| AMAR Stock | IDR 202.00 7.00 3.59% |
The current 90-days correlation between Bank Amar Indonesia and Bank Artos Indonesia is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Amar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Amar Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bank Amar Correlation With Market
Average diversification
The correlation between Bank Amar Indonesia and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank Amar Indonesia and DJI in the same portfolio, assuming nothing else is changed.
Bank |
The ability to find closely correlated positions to Bank Amar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Amar 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 Bank Amar - 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 Bank Amar Indonesia to buy it.
Moving together with Bank Stock
| 0.85 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.78 | BBNI | Bank Negara Indonesia | PairCorr |
| 0.86 | BBKP | Bank Bukopin Tbk | PairCorr |
| 0.72 | MAYA | Bank Mayapada Intern | PairCorr |
| 0.87 | BMRI | Bank Mandiri Persero | PairCorr |
| 0.77 | BNGA | Bank Cimb Niaga | PairCorr |
Moving against Bank Stock
| 0.77 | MFIN | Mandala Multifinance Tbk Split | PairCorr |
| 0.69 | INPC | Bank Artha Graha | PairCorr |
| 0.67 | PTRO | Petrosea Tbk | PairCorr |
| 0.65 | SRAJ | Sejahteraraya Anugrahjaya | PairCorr |
| 0.64 | PNBN | Bank Pan Indonesia | PairCorr |
| 0.56 | BEKS | Bank Pembangunan Daerah | PairCorr |
| 0.45 | LSIP | Perusahaan Perkebunan | PairCorr |
| 0.41 | BKSW | Bank Qnb Indonesia | PairCorr |
| 0.36 | BVIC | Bank Victoria Intern | PairCorr |
| 0.35 | PGLI | Pembangunan Graha Lestari | PairCorr |
| 0.83 | UNSP | Bakrie Sumatera Plan Earnings Call This Week | PairCorr |
| 0.8 | DEWA | Darma Henwa Tbk | PairCorr |
| 0.77 | DKFT | Central Omega Resources | PairCorr |
| 0.75 | PNSE | Pudjiadi Sons Tbk | PairCorr |
| 0.64 | EMTK | Elang Mahkota Teknologi | PairCorr |
| 0.64 | ENRG | Energi Mega Persada | PairCorr |
| 0.63 | SOHO | PT Soho Global | PairCorr |
| 0.6 | DNAR | Bank Dinar Indonesia | PairCorr |
| 0.59 | PKPK | Perdana Karya Perkasa | PairCorr |
| 0.59 | PBRX | Pan Brothers Tbk | PairCorr |
| 0.56 | WOOD | Integra Indocabinet Tbk | PairCorr |
| 0.55 | ARNA | Arwana Citramulia Tbk | PairCorr |
Related Correlations Analysis
| 0.76 | 0.69 | 0.76 | -0.47 | ARTO | ||
| 0.76 | 0.8 | 0.74 | -0.61 | BBYB | ||
| 0.69 | 0.8 | 0.72 | -0.49 | BBHI | ||
| 0.76 | 0.74 | 0.72 | -0.38 | AGRO | ||
| -0.47 | -0.61 | -0.49 | -0.38 | EMTK | ||
| 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
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Risk-Adjusted Indicators
There is a big difference between Bank Stock performing well and Bank Amar 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 Bank Amar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ARTO | 1.81 | 0.01 | 0.00 | 0.10 | 0.00 | 4.07 | 12.98 | |||
| BBYB | 2.36 | 0.12 | (0.01) | (0.28) | 2.45 | 5.63 | 22.05 | |||
| BBHI | 1.81 | (0.10) | 0.00 | 0.29 | 0.00 | 4.44 | 18.28 | |||
| AGRO | 2.10 | (0.02) | 0.00 | 0.16 | 0.00 | 4.39 | 18.15 | |||
| EMTK | 2.33 | 0.44 | 0.08 | (0.45) | 2.37 | 4.94 | 21.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bank Amar 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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Bank Amar Corporate Management
Elected by the shareholders, the Bank Amar's board of directors comprises two types of representatives: Bank Amar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank Amar's management team and ensure that shareholders' interests are well served. Bank Amar'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, Bank Amar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Wirawan | Head Division | Profile | |
| Sendy Dea | Head Branch | Profile | |
| Eka Banyuaji | Co SME | Profile | |
| Kevin Wardhana | Technology Head | Profile | |
| Vishal Tulsian | Pres Director | Profile | |
| Ratna Sahlan | People Head | Profile | |
| Johanes Sinaga | Legal Head | Profile |