Telkom Indonesia Correlations
| TLK Stock | USD 25.13 0.18 0.72% |
The correlation of Telkom Indonesia is a statistical measure of how it moves in relation to other equities. 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 Telkom Indonesia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telkom Indonesia 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telkom Indonesia 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 industry. Telkom |
The ability to find closely correlated positions to Telkom Indonesia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telkom Indonesia 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 Telkom Indonesia - 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 Telkom Indonesia Tbk to buy it.
Moving together with Telkom Stock
| + | 0.77 | TV | Grupo Televisa SAB | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.68 | ZG | Zillow Group | Fiscal Quarter End 31st of December 2023 | PairCorr |
Moving against Telkom Stock
| - | 0.41 | YY | YY Inc Class | Fiscal Quarter End 31st of December 2023 | PairCorr |
Related Correlations Analysis
BAC | TRV | AA | AXP | DIS | MSFT | INTC | MCD | ||
BAC | 0.72 | 0.36 | 0.96 | 0.74 | 0.69 | 0.83 | 0.87 | BAC | |
TRV | 0.72 | -0.15 | 0.72 | 0.76 | 0.76 | 0.74 | 0.56 | TRV | |
AA | 0.36 | -0.15 | 0.37 | -0.12 | -0.26 | 0.05 | 0.35 | AA | |
AXP | 0.96 | 0.72 | 0.37 | 0.74 | 0.67 | 0.83 | 0.83 | AXP | |
DIS | 0.74 | 0.76 | -0.12 | 0.74 | 0.9 | 0.9 | 0.49 | DIS | |
MSFT | 0.69 | 0.76 | -0.26 | 0.67 | 0.9 | 0.89 | 0.54 | MSFT | |
INTC | 0.83 | 0.74 | 0.05 | 0.83 | 0.9 | 0.89 | 0.67 | INTC | |
MCD | 0.87 | 0.56 | 0.35 | 0.83 | 0.49 | 0.54 | 0.67 | MCD | |
BAC | TRV | AA | AXP | DIS | MSFT | INTC | MCD |
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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 |
Risk-Adjusted Indicators
There is a big difference between Telkom Stock performing well and Telkom Indonesia 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 Telkom Indonesia'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 | Information Ratio | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| BAC | 1.20 | 0.10 | 0.07 | 0.06 | 1.25 | 0.06 | (1.38) | 2.68 | (2.47) | 6.64 | |
| TRV | 0.87 | 0.20 | 0.17 | 0.44 | 0.87 | 0.17 | (0.92) | 2.09 | (1.49) | 6.61 | |
| AA | 2.44 | (0.26) | 0.00 | (0.10) | 0.00 | (0.08) | 0.00 | 5.36 | (5.79) | 15.99 | |
| AXP | 1.01 | 0.11 | 0.07 | 0.09 | 1.41 | 0.08 | (1.04) | 1.99 | (1.85) | 7.04 | |
| DIS | 1.18 | 0.17 | 0.12 | 0.23 | 1.24 | 0.10 | (1.43) | 2.64 | (2.39) | 9.72 | |
| MSFT | 1.08 | 0.19 | 0.13 | 0.37 | 1.27 | 0.14 | (1.10) | 2.35 | (2.40) | 6.82 | |
| INTC | 1.60 | 0.23 | 0.11 | 0.37 | 1.96 | 0.10 | (1.69) | 3.09 | (3.18) | 12.47 | |
| MCD | 0.76 | 0.04 | 0.03 | 0.05 | 1.09 | 0.0382 | (0.73) | 1.71 | (1.89) | 3.35 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Telkom Indonesia 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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Telkom Indonesia Corporate Directors
Telkom Indonesia corporate directors refer to members of a Telkom Indonesia board of directors. The board of directors generally takes responsibility for the Telkom Indonesia'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 Telkom Indonesia's board members must vote for the resolution. The Telkom Indonesia board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Edwin Aristiawan | Director of Wholesale and International Service | Profile | |
| Bogi Witjaksono | Director of Enterprise and Business Service | Profile | |
| Honesti Basyir | Director of Wholesale and International Service, Corporate Secretary and Director | Profile | |
| Zulhelfi Abidin | Director of Network and Information Technology Solution | Profile |
Already Invested in Telkom Indonesia Tbk?
The danger of trading Telkom Indonesia 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 Telkom Indonesia 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 Telkom Indonesia. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Telkom Indonesia 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.
When determining whether Telkom Indonesia Tbk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Telkom Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telkom Indonesia Tbk Stock. Highlighted below are key reports to facilitate an investment decision about Telkom Indonesia Tbk Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telkom Indonesia 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 industry. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Telkom Stock analysis
When running Telkom Indonesia's price analysis, check to measure Telkom Indonesia'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 Telkom Indonesia is operating at the current time. Most of Telkom Indonesia's value examination focuses on studying past and present price action to predict the probability of Telkom Indonesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telkom Indonesia's price. Additionally, you may evaluate how the addition of Telkom Indonesia to your portfolios can decrease your overall portfolio volatility.
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Is Telkom Indonesia's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Telkom Indonesia. If investors know Telkom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Telkom Indonesia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.061 | Dividend Share 167.599 | Earnings Share 1.54 | Revenue Per Share 75.5 K | Quarterly Revenue Growth 0.024 |
The market value of Telkom Indonesia Tbk is measured differently than its book value, which is the value of Telkom that is recorded on the company's balance sheet. Investors also form their own opinion of Telkom Indonesia's value that differs from its market value or its book value, called intrinsic value, which is Telkom Indonesia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Telkom Indonesia's market value can be influenced by many factors that don't directly affect Telkom Indonesia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Telkom Indonesia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telkom Indonesia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telkom Indonesia'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.