PT Indosat Correlations

PTITF Stock  USD 0.72  0.00  0.00%   
The correlation of PT Indosat 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 Indosat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PT Indosat Tbk 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.

Good diversification

The correlation between PT Indosat Tbk and NYA is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PT Indosat Tbk and NYA in the same portfolio, assuming nothing else is changed.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PT Indosat Tbk. 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.
  
The ability to find closely correlated positions to PT Indosat 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 Indosat 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 Indosat - 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 Indosat Tbk to buy it.

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between PTITF Pink Sheet performing well and PT Indosat 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 Indosat'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PT Indosat 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.

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PT Indosat Corporate Directors

PT Indosat corporate directors refer to members of a PT Indosat board of directors. The board of directors generally takes responsibility for the PT Indosat'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 Indosat's board members must vote for the resolution. The PT Indosat board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Already Invested in PT Indosat Tbk?

The danger of trading PT Indosat Tbk 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 Indosat 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 Indosat. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PT Indosat Tbk 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 Indosat Tbk. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running PT Indosat's price analysis, check to measure PT Indosat'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 Indosat is operating at the current time. Most of PT Indosat's value examination focuses on studying past and present price action to predict the probability of PT Indosat'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 Indosat's price. Additionally, you may evaluate how the addition of PT Indosat to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PT Indosat's value and its price as these two are different measures arrived at by different means. Investors typically determine if PT Indosat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PT Indosat's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.