Shield On Correlations
| SOSS Stock | IDR 655.00 20.00 2.96% |
The current 90-days correlation between Shield On Service and PT Surya Pertiwi is -0.15 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shield On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shield On Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Shield On Correlation With Market
Good diversification
The correlation between Shield On Service and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shield On Service and DJI in the same portfolio, assuming nothing else is changed.
Shield |
The ability to find closely correlated positions to Shield On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shield On 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 Shield On - 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 Shield On Service to buy it.
Moving together with Shield Stock
| 0.79 | VTNY | Venteny Fortuna Inte | PairCorr |
| 0.78 | LPPS | Lenox Pasifik Investama | PairCorr |
| 0.68 | CARE | Metro Healthcare Ind | PairCorr |
| 0.85 | MFMI | Multifiling Mitra | PairCorr |
| 0.74 | IFII | Indonesia Fibreboard | PairCorr |
| 0.74 | MFIN | Mandala Multifinance Tbk Split | PairCorr |
| 0.83 | NRCA | Nusa Raya Cipta | PairCorr |
| 0.74 | JIHD | Jakarta Int Hotels | PairCorr |
| 0.8 | MMLP | Mega Manunggal Property | PairCorr |
| 0.64 | BNBR | Bakrie Brothers Tbk | PairCorr |
Moving against Shield Stock
Related Correlations Analysis
| 0.54 | 0.82 | -0.51 | 0.83 | SPTO | ||
| 0.54 | 0.55 | -0.36 | 0.31 | SOTS | ||
| 0.82 | 0.55 | -0.3 | 0.58 | MFMI | ||
| -0.51 | -0.36 | -0.3 | -0.42 | PRIM | ||
| 0.83 | 0.31 | 0.58 | -0.42 | SKRN | ||
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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 Shield Stock performing well and Shield On 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 Shield On'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPTO | 0.98 | 0.10 | 0.00 | 0.64 | 0.92 | 2.54 | 6.41 | |||
| SOTS | 2.74 | (0.17) | (0.03) | 0.01 | 3.27 | 5.92 | 33.87 | |||
| MFMI | 2.36 | 0.52 | 0.08 | 1.18 | 2.70 | 9.77 | 19.72 | |||
| PRIM | 1.75 | (0.09) | 0.00 | (0.92) | 0.00 | 4.76 | 15.38 | |||
| SKRN | 1.69 | 0.42 | 0.11 | (1.27) | 1.81 | 3.11 | 33.03 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Shield On 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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Shield On Corporate Management
Elected by the shareholders, the Shield On's board of directors comprises two types of representatives: Shield On inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shield. The board's role is to monitor Shield On's management team and ensure that shareholders' interests are well served. Shield On'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, Shield On's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lily Pribadi | Commissioner | Profile | |
| Supratman Gunawan | Independent Commissioner | Profile | |
| Felicia Yulianto | Head Unit | Profile | |
| Lukcimo Jahja | Director Director | Profile | |
| Prasetyo Wibowo | Director | Profile | |
| Robby Yulianto | President Commissioner | Profile | |
| Herman Julianto | President Director | Profile |