Teladan Prima Correlations
| TLDN Stock | 525.00 5.00 0.94% |
The current 90-days correlation between Teladan Prima Agro and Sumber Tani Agung is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teladan Prima moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teladan Prima Agro moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Teladan Prima Correlation With Market
Good diversification
The correlation between Teladan Prima Agro and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teladan Prima Agro and DJI in the same portfolio, assuming nothing else is changed.
Teladan |
The ability to find closely correlated positions to Teladan Prima could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teladan Prima 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 Teladan Prima - 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 Teladan Prima Agro to buy it.
Moving together with Teladan Stock
| 0.74 | STAA | Sumber Tani Agung | PairCorr |
| 0.76 | CBUT | Citra Borneo Utama | PairCorr |
| 0.77 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.7 | BMRI | Bank Mandiri Persero Earnings Call This Week | PairCorr |
| 0.68 | BBCA | Bank Central Asia Earnings Call This Week | PairCorr |
| 0.72 | BBNI | Bank Negara Indonesia Earnings Call This Week | PairCorr |
Moving against Teladan Stock
| 0.32 | INDF | PT Indofood Sukses | PairCorr |
| 0.32 | PGAS | Perusahaan Gas Negara | PairCorr |
| 0.32 | GOTO | GoTo Gojek Tokopedia | PairCorr |
Related Correlations Analysis
| 0.87 | 0.84 | 0.36 | -0.53 | STAA | ||
| 0.87 | 0.71 | 0.41 | -0.4 | WIRG | ||
| 0.84 | 0.71 | 0.23 | -0.59 | TAPG | ||
| 0.36 | 0.41 | 0.23 | -0.32 | NETV | ||
| -0.53 | -0.4 | -0.59 | -0.32 | MTEL | ||
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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 Teladan Stock performing well and Teladan Prima 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 Teladan Prima'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STAA | 1.03 | (0.09) | 0.00 | (0.30) | 0.00 | 2.37 | 7.11 | |||
| WIRG | 3.37 | 0.09 | 0.03 | 0.12 | 3.09 | 6.25 | 27.51 | |||
| TAPG | 1.89 | (0.13) | 0.00 | (2.07) | 0.00 | 3.83 | 10.40 | |||
| NETV | 5.57 | 1.85 | 0.51 | (0.90) | 2.71 | 9.66 | 106.83 | |||
| MTEL | 1.24 | 0.09 | 0.04 | (0.38) | 1.11 | 3.60 | 8.69 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Teladan Prima 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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Teladan Prima Corporate Management
Elected by the shareholders, the Teladan Prima's board of directors comprises two types of representatives: Teladan Prima inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teladan. The board's role is to monitor Teladan Prima's management team and ensure that shareholders' interests are well served. Teladan Prima'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, Teladan Prima's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rachmat Nugroho | Head Unit | Profile | |
| Noor Falich | Director Director | Profile | |
| Arya Wibisana | Co Sec | Profile | |
| Yayan Ginanjar | Director Director | Profile | |
| Wishnu Wardhana | Pres Director | Profile | |
| Mahirudin Achmad | Accounting Fin | Profile | |
| Imam Syaifullah | Director Director | Profile |