Bakrie Sumatera Correlations
| UNSP Stock | IDR 126.00 1.00 0.79% |
The current 90-days correlation between Bakrie Sumatera Plan and Kalbe Farma Tbk is -0.11 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bakrie Sumatera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakrie Sumatera Plantations moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bakrie Sumatera Correlation With Market
Modest diversification
The correlation between Bakrie Sumatera Plantations and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bakrie Sumatera Plantations and DJI in the same portfolio, assuming nothing else is changed.
Bakrie |
The ability to find closely correlated positions to Bakrie Sumatera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bakrie Sumatera 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 Bakrie Sumatera - 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 Bakrie Sumatera Plantations to buy it.
Moving together with Bakrie Stock
Moving against Bakrie Stock
| 0.91 | UNVR | Unilever Indonesia Tbk | PairCorr |
| 0.72 | BEBS | Berkah Beton Sadaya | PairCorr |
| 0.63 | SURE | Super Energy Tbk | PairCorr |
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Bakrie Sumatera 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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Bakrie Sumatera Corporate Management
Elected by the shareholders, the Bakrie Sumatera's board of directors comprises two types of representatives: Bakrie Sumatera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bakrie. The board's role is to monitor Bakrie Sumatera's management team and ensure that shareholders' interests are well served. Bakrie Sumatera'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, Bakrie Sumatera's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nahum Panggabean | Head Sumbar | Profile | |
| Iranda Saleh | Chief Officer | Profile | |
| Balakrishnan Chandrasekaran | Chief Officer | Profile | |
| Eben Sitorus | F Head | Profile | |
| R Hendrayanto | Chief Portfolio | Profile | |
| Imanuddin Putra | Head HR | Profile |