Trimegah Securities Correlations
| TRIM Stock | IDR 366.00 2.00 0.54% |
The current 90-days correlation between Trimegah Securities Tbk and Wahana Ottomitra Multiartha is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trimegah Securities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trimegah Securities Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Trimegah Securities Correlation With Market
Average diversification
The correlation between Trimegah Securities Tbk and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trimegah Securities Tbk and DJI in the same portfolio, assuming nothing else is changed.
Trimegah |
The ability to find closely correlated positions to Trimegah Securities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trimegah Securities 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 Trimegah Securities - 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 Trimegah Securities Tbk to buy it.
Moving together with Trimegah Stock
Moving against Trimegah Stock
| 0.84 | OPMS | Optima Prima Metal | PairCorr |
| 0.81 | LPPS | Lenox Pasifik Investama | PairCorr |
| 0.56 | BBSS | Bumi Benowo Sukses | PairCorr |
Related Correlations Analysis
| 0.23 | -0.04 | -0.07 | 0.24 | WOMF | ||
| 0.23 | -0.41 | -0.68 | 0.81 | PNIN | ||
| -0.04 | -0.41 | 0.62 | -0.43 | SMMA | ||
| -0.07 | -0.68 | 0.62 | -0.56 | TRST | ||
| 0.24 | 0.81 | -0.43 | -0.56 | PNLF | ||
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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 Trimegah Stock performing well and Trimegah Securities 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 Trimegah Securities' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WOMF | 0.71 | (0.04) | 0.00 | (0.97) | 0.00 | 1.78 | 7.90 | |||
| PNIN | 1.83 | (0.13) | 0.00 | (24.55) | 0.00 | 4.33 | 17.44 | |||
| SMMA | 0.47 | 0.09 | 0.01 | (0.59) | 0.48 | 1.94 | 7.78 | |||
| TRST | 1.14 | 0.21 | 0.10 | 0.59 | 0.85 | 2.04 | 25.90 | |||
| PNLF | 1.84 | (0.11) | 0.00 | 0.26 | 0.00 | 5.26 | 12.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Trimegah Securities 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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Trimegah Securities Corporate Management
Elected by the shareholders, the Trimegah Securities' board of directors comprises two types of representatives: Trimegah Securities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trimegah. The board's role is to monitor Trimegah Securities' management team and ensure that shareholders' interests are well served. Trimegah Securities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trimegah Securities' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Achmad N | Head Tax | Profile | |
| Philmon Tanuri | Pres Director | Profile | |
| Sunardi | Head Compliance | Profile | |
| Sebastian CFA | Head Research | Profile | |
| Agus Priyambada | Corporate Secretary, Investor Relations | Profile |