Berkah Beton Correlations
| BEBS Stock | IDR 5.00 1.00 16.67% |
The current 90-days correlation between Berkah Beton Sadaya and Bk Harda Internasional is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berkah Beton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkah Beton Sadaya moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Berkah Beton Correlation With Market
Significant diversification
The correlation between Berkah Beton Sadaya and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Berkah Beton Sadaya and DJI in the same portfolio, assuming nothing else is changed.
Berkah |
The ability to find closely correlated positions to Berkah Beton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkah Beton 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 Berkah Beton - 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 Berkah Beton Sadaya to buy it.
Moving together with Berkah Stock
| 0.73 | WSBP | Waskita Beton Precast | PairCorr |
| 0.77 | WTON | Wijaya Karya Beton | PairCorr |
| 0.76 | CTTH | Citatah Tbk | PairCorr |
| 0.63 | MDRN | Modern Internasional Tbk | PairCorr |
| 0.8 | BBKP | Bank Bukopin Tbk | PairCorr |
Moving against Berkah Stock
| 0.8 | KBLV | First Media Tbk | PairCorr |
| 0.48 | UNTR | United Tractors Tbk | PairCorr |
| 0.46 | PADI | Minna Padi Investama | PairCorr |
| 0.41 | OMRE | Indonesia Prima Property | PairCorr |
Related Correlations Analysis
| 0.66 | 0.65 | 0.06 | -0.68 | BBHI | ||
| 0.66 | 0.36 | -0.09 | -0.22 | BANK | ||
| 0.65 | 0.36 | 0.18 | -0.52 | BBYB | ||
| 0.06 | -0.09 | 0.18 | -0.02 | HEAL | ||
| -0.68 | -0.22 | -0.52 | -0.02 | EMTK | ||
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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 Berkah Stock performing well and Berkah Beton 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 Berkah Beton'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBHI | 1.71 | (0.19) | 0.00 | 0.43 | 0.00 | 4.44 | 18.28 | |||
| BANK | 1.26 | (0.15) | 0.00 | 1.79 | 0.00 | 3.61 | 10.93 | |||
| BBYB | 2.29 | (0.21) | 0.00 | (2.66) | 0.00 | 3.94 | 31.62 | |||
| HEAL | 1.46 | 0.25 | 0.09 | (0.76) | 1.35 | 3.77 | 9.14 | |||
| EMTK | 2.81 | 0.71 | 0.18 | (0.59) | 2.51 | 7.83 | 21.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Berkah Beton 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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Berkah Beton Corporate Management
Elected by the shareholders, the Berkah Beton's board of directors comprises two types of representatives: Berkah Beton inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Berkah. The board's role is to monitor Berkah Beton's management team and ensure that shareholders' interests are well served. Berkah Beton'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, Berkah Beton's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Iyan Sopiyan | Operations Director | Profile | |
| Hasan Muldhani | Pres Director | Profile | |
| Binaidi | Marketing Director | Profile | |
| Fadhly Iskandar | Co Sec | Profile |