Graha Andrasentra Correlations
| JGLE Stock | IDR 7.00 1.00 12.50% |
The current 90-days correlation between Graha Andrasentra and Protech Mitra Perkasa is -0.18 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Graha Andrasentra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Graha Andrasentra Propertindo moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Graha Andrasentra Correlation With Market
Good diversification
The correlation between Graha Andrasentra Propertindo and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Graha Andrasentra Propertindo and DJI in the same portfolio, assuming nothing else is changed.
Graha |
The ability to find closely correlated positions to Graha Andrasentra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Graha Andrasentra 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 Graha Andrasentra - 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 Graha Andrasentra Propertindo to buy it.
Moving together with Graha Stock
| 0.62 | BMRI | Bank Mandiri Persero | PairCorr |
| 0.71 | TPIA | Chandra Asri Petroch | PairCorr |
| 0.63 | BBNI | Bank Negara Indonesia | PairCorr |
Moving against Graha Stock
Related Correlations Analysis
| 0.57 | 0.0 | -0.34 | 0.89 | -0.04 | DYAN | ||
| 0.57 | 0.0 | -0.46 | 0.72 | -0.42 | OASA | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ENVY | ||
| -0.34 | -0.46 | 0.0 | -0.47 | 0.7 | BOLT | ||
| 0.89 | 0.72 | 0.0 | -0.47 | -0.15 | BMTR | ||
| -0.04 | -0.42 | 0.0 | 0.7 | -0.15 | SCMA | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Graha Stock performing well and Graha Andrasentra 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 Graha Andrasentra'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DYAN | 1.56 | (0.26) | 0.00 | 0.70 | 0.00 | 2.75 | 21.06 | |||
| OASA | 1.35 | (0.18) | 0.00 | (0.11) | 0.00 | 2.78 | 11.68 | |||
| ENVY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BOLT | 1.18 | 0.21 | 0.08 | 0.45 | 1.67 | 3.14 | 9.33 | |||
| BMTR | 1.06 | (0.27) | 0.00 | (0.83) | 0.00 | 1.85 | 5.46 | |||
| SCMA | 1.29 | 0.02 | (0.07) | (0.10) | 1.29 | 3.97 | 11.32 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Graha Andrasentra 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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Graha Andrasentra Corporate Management
Elected by the shareholders, the Graha Andrasentra's board of directors comprises two types of representatives: Graha Andrasentra inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Graha. The board's role is to monitor Graha Andrasentra's management team and ensure that shareholders' interests are well served. Graha Andrasentra'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, Graha Andrasentra's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Agus Muchtadin | Division Relations | Profile | |
| Nadia Sungkar | Division Fin | Profile | |
| Inna Tan | Head Unit | Profile | |
| Handoko Soetrisno | Chief Officer | Profile | |
| A Asyrori | Chief Officer | Profile |