Sri Rejeki Correlations
| SRIL Stock | IDR 146.00 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sri Rejeki moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sri Rejeki IsmanPT moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Sri |
The ability to find closely correlated positions to Sri Rejeki could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sri Rejeki 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 Sri Rejeki - 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 Sri Rejeki IsmanPT to buy it.
Related Correlations Analysis
| 0.59 | -0.48 | 0.58 | 0.0 | 0.2 | 0.68 | BEER | ||
| 0.59 | -0.1 | 0.4 | 0.0 | 0.15 | 0.64 | DOOH | ||
| -0.48 | -0.1 | -0.44 | 0.0 | 0.19 | -0.41 | GSMF | ||
| 0.58 | 0.4 | -0.44 | 0.0 | 0.29 | 0.67 | EAST | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ENVY | ||
| 0.2 | 0.15 | 0.19 | 0.29 | 0.0 | 0.2 | KING | ||
| 0.68 | 0.64 | -0.41 | 0.67 | 0.0 | 0.2 | SRSN | ||
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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 Sri Stock performing well and Sri Rejeki 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 Sri Rejeki'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BEER | 1.46 | (0.30) | 0.00 | (6.09) | 0.00 | 1.85 | 31.28 | |||
| DOOH | 1.09 | (0.08) | 0.00 | 0.49 | 0.00 | 3.33 | 8.35 | |||
| GSMF | 1.75 | 0.13 | 0.01 | (3.89) | 1.68 | 3.85 | 24.23 | |||
| EAST | 1.00 | (0.21) | 0.00 | (0.68) | 0.00 | 1.05 | 16.31 | |||
| ENVY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KING | 1.62 | (0.13) | 0.00 | (0.24) | 0.00 | 3.09 | 9.95 | |||
| SRSN | 1.17 | (0.06) | 0.00 | 0.31 | 0.00 | 3.85 | 7.70 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sri Rejeki 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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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Sri Rejeki Corporate Management
Elected by the shareholders, the Sri Rejeki's board of directors comprises two types of representatives: Sri Rejeki inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sri. The board's role is to monitor Sri Rejeki's management team and ensure that shareholders' interests are well served. Sri Rejeki'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, Sri Rejeki's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mira Setiyadi | Director Director | Profile | |
| Manish Rakhecha | Gen Accounting | Profile | |
| Bagus Wiratama | Gen Capital | Profile | |
| Joy Citradewi | Gen Communication | Profile | |
| Istanto Christian | Gen Accounting | Profile | |
| Sri Basuki | Gen Capital | Profile |