Telefast Indonesia Correlations
| TFAS Stock | IDR 130.00 4.00 2.99% |
The current 90-days correlation between Telefast Indonesia and Royal Prima PT is -0.15 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telefast Indonesia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telefast Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Telefast Indonesia Correlation With Market
Significant diversification
The correlation between Telefast Indonesia and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Telefast Indonesia and DJI in the same portfolio, assuming nothing else is changed.
Telefast |
The ability to find closely correlated positions to Telefast 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 Telefast 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 Telefast 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 Telefast Indonesia to buy it.
Moving together with Telefast Stock
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| 0.83 | DVLA | Darya Varia Laboratoria | PairCorr |
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| 0.67 | BKSW | Bank Qnb Indonesia | PairCorr |
| 0.75 | KOCI | PT Kokoh Exa | PairCorr |
| 0.71 | GIAA | Garuda Indonesia Persero | PairCorr |
| 0.74 | KING | Hoffmen Cleanindo | PairCorr |
| 0.67 | TMPO | Tempo Inti Media | PairCorr |
| 0.83 | DKFT | Central Omega Resources | PairCorr |
| 0.73 | SOCI | Soechi Lines Tbk | PairCorr |
| 0.7 | SCCO | Supreme Cable Manufa | PairCorr |
| 0.83 | GEMS | PT Golden Energy | PairCorr |
| 0.7 | KBLM | Kabelindo Murni Tbk | PairCorr |
Moving against Telefast Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Telefast Stock performing well and Telefast 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 Telefast 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 | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PRIM | 1.96 | 0.28 | (0.01) | (0.22) | 1.80 | 5.00 | 11.33 | |||
| SKRN | 1.51 | 0.46 | 0.19 | 1.12 | 1.36 | 5.06 | 11.60 | |||
| SOTS | 2.10 | (0.21) | 0.00 | (0.10) | 0.00 | 3.76 | 19.10 | |||
| SPTO | 1.10 | 0.21 | 0.02 | (2.54) | 1.07 | 2.99 | 9.83 | |||
| TFAS | 2.03 | 0.55 | 0.12 | 7.77 | 2.31 | 4.63 | 25.82 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Telefast 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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Telefast Indonesia Corporate Management
Elected by the shareholders, the Telefast Indonesia's board of directors comprises two types of representatives: Telefast Indonesia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Telefast. The board's role is to monitor Telefast Indonesia's management team and ensure that shareholders' interests are well served. Telefast Indonesia'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, Telefast Indonesia's outside directors are responsible for providing unbiased perspectives on the board's policies.
| SE MBA | COO Director | Profile | |
| Setiawan Parikesit | Director | Profile | |
| Yustana Arnus | Head Unit | Profile | |
| Ivan Ekancono | President Commissioner | Profile | |
| Hendrik | Independent Commissioner | Profile | |
| MBA CA | CFO Director | Profile |