Bhuwanatala Indah Correlations
| BIPP Stock | IDR 34.00 1.00 2.86% |
The current 90-days correlation between Bhuwanatala Indah Permai and Bumi Serpong Damai is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bhuwanatala Indah moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bhuwanatala Indah Permai moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bhuwanatala Indah Correlation With Market
Significant diversification
The correlation between Bhuwanatala Indah Permai and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bhuwanatala Indah Permai and DJI in the same portfolio, assuming nothing else is changed.
Bhuwanatala |
The ability to find closely correlated positions to Bhuwanatala Indah could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bhuwanatala Indah 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 Bhuwanatala Indah - 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 Bhuwanatala Indah Permai to buy it.
Moving together with Bhuwanatala Stock
Moving against Bhuwanatala Stock
| 0.62 | ADMR | Adaro Minerals Indonesia | PairCorr |
| 0.55 | INCO | Vale Indonesia Tbk | PairCorr |
| 0.41 | BBRM | Pelayaran Nasional Bina | PairCorr |
| 0.4 | MDKA | Merdeka Copper Gold | PairCorr |
Related Correlations Analysis
| 0.95 | 0.93 | 0.88 | 0.93 | BSDE | ||
| 0.95 | 0.96 | 0.91 | 0.92 | CTRA | ||
| 0.93 | 0.96 | 0.92 | 0.94 | SMRA | ||
| 0.88 | 0.91 | 0.92 | 0.97 | PTPP | ||
| 0.93 | 0.92 | 0.94 | 0.97 | WIKA | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Bhuwanatala Stock performing well and Bhuwanatala Indah 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 Bhuwanatala Indah'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BSDE | 1.18 | (0.33) | 0.00 | (0.85) | 0.00 | 2.50 | 7.75 | |||
| CTRA | 2.23 | (0.43) | 0.00 | 9.64 | 0.00 | 4.85 | 13.81 | |||
| SMRA | 1.52 | (0.61) | 0.00 | (2.91) | 0.00 | 2.88 | 8.65 | |||
| PTPP | 1.72 | (0.68) | 0.00 | (2.81) | 0.00 | 3.70 | 13.94 | |||
| WIKA | 2.82 | (0.90) | 0.00 | (1.51) | 0.00 | 6.21 | 19.41 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bhuwanatala Indah 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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Bhuwanatala Indah Corporate Management
Elected by the shareholders, the Bhuwanatala Indah's board of directors comprises two types of representatives: Bhuwanatala Indah inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bhuwanatala. The board's role is to monitor Bhuwanatala Indah's management team and ensure that shareholders' interests are well served. Bhuwanatala Indah'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, Bhuwanatala Indah's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eddy Widjaja | Ma Director | Profile | |
| Arianto Sjarief | Pres Sec | Profile | |
| Tety Achdijati | Ma Fin | Profile | |
| Suparman | Head Audit | Profile |