PT Semen Correlations
| PSGTF Stock | USD 0.39 0.00 0.00% |
The correlation of PT Semen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PT Semen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PT Semen Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PT Semen Indonesia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. PSGTF |
The ability to find closely correlated positions to PT Semen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PT Semen 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 PT Semen - 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 PT Semen Indonesia to buy it.
Moving together with PSGTF Pink Sheet
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| 1.0 | RGVNF | Regent Ventures | PairCorr |
Moving against PSGTF Pink Sheet
Related Correlations Analysis
| 0.55 | 0.0 | 0.11 | 0.0 | -0.19 | -0.45 | AFYA | ||
| 0.55 | 0.0 | 0.53 | 0.0 | -0.39 | -0.55 | ACCO | ||
| 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | MILC | ||
| 0.11 | 0.53 | 0.0 | 0.0 | -0.06 | -0.29 | COE | ||
| 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | AIKO | ||
| -0.19 | -0.39 | 0.0 | -0.06 | 0.0 | 0.66 | RY | ||
| -0.45 | -0.55 | 0.0 | -0.29 | 0.0 | 0.66 | BKH | ||
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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 PSGTF Pink Sheet performing well and PT Semen 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 PT Semen'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AFYA | 1.62 | (0.53) | 0.00 | (0.46) | 0.00 | 2.58 | 11.95 | |||
| ACCO | 1.58 | (0.37) | 0.00 | (0.12) | 0.00 | 3.07 | 17.28 | |||
| MILC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| COE | 2.64 | (0.22) | 0.00 | (0.19) | 0.00 | 5.35 | 17.32 | |||
| AIKO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RY | 0.72 | (0.07) | (0.05) | 0.02 | 1.05 | 1.37 | 4.60 | |||
| BKH | 1.15 | 0.04 | 0.04 | 0.11 | 1.40 | 2.94 | 7.36 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PT Semen 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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PT Semen Corporate Directors
PT Semen corporate directors refer to members of a PT Semen board of directors. The board of directors generally takes responsibility for the PT Semen's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PT Semen's board members must vote for the resolution. The PT Semen board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Tri Abdisatrijo | Engineering and Project Director | Profile | |
| Fadjar Judisiawan | Director Director | Profile | |
| Gatot Kustyadji | Director of Human Resources | Profile | |
| Agung Yunanto | Director of Human Resources and Legal | Profile |
Already Invested in PT Semen Indonesia?
The danger of trading PT Semen Indonesia is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PT Semen is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PT Semen. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PT Semen Indonesia is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PT Semen Indonesia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for PSGTF Pink Sheet analysis
When running PT Semen's price analysis, check to measure PT Semen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PT Semen is operating at the current time. Most of PT Semen's value examination focuses on studying past and present price action to predict the probability of PT Semen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Semen's price. Additionally, you may evaluate how the addition of PT Semen to your portfolios can decrease your overall portfolio volatility.
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