Bank Mandiri Correlations
| BMRI Stock | IDR 6,450 50.00 0.78% |
The current 90-days correlation between Bank Mandiri Persero and Bank Rakyat Indonesia is 0.47 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank Mandiri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank Mandiri Persero moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Bank Mandiri Correlation With Market
Very good diversification
The correlation between Bank Mandiri Persero and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bank Mandiri Persero and DJI in the same portfolio, assuming nothing else is changed.
Bank |
The ability to find closely correlated positions to Bank Mandiri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank Mandiri 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 Bank Mandiri - 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 Bank Mandiri Persero to buy it.
Moving together with Bank Stock
| 0.74 | BBCA | Bank Central Asia | PairCorr |
| 0.95 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.94 | BBNI | Bank Negara Indonesia | PairCorr |
| 0.77 | HMSP | Hanjaya Mandala Sampoerna | PairCorr |
Moving against Bank Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Bank Stock performing well and Bank Mandiri 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 Bank Mandiri'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBRI | 1.24 | (0.26) | 0.00 | 3.23 | 0.00 | 2.42 | 7.58 | |||
| BBCA | 1.06 | (0.05) | 0.00 | (0.57) | 0.00 | 2.18 | 5.64 | |||
| BBNI | 1.23 | (0.14) | 0.00 | 0.99 | 0.00 | 2.73 | 8.76 | |||
| ASII | 1.13 | 0.08 | (0.05) | (0.12) | 1.26 | 3.43 | 6.32 | |||
| TLKM | 1.31 | (0.14) | 0.00 | 33.56 | 0.00 | 2.61 | 10.93 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bank Mandiri 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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Bank Mandiri Corporate Management
Elected by the shareholders, the Bank Mandiri's board of directors comprises two types of representatives: Bank Mandiri inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bank. The board's role is to monitor Bank Mandiri's management team and ensure that shareholders' interests are well served. Bank Mandiri'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, Bank Mandiri's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Aquarius Rudianto | Director Director | Profile | |
| Riduan Ahmad | Director Director | Profile | |
| Laurensius Teiseran | Group Relation | Profile | |
| Dedy Krisnawan | Group Legal | Profile | |
| Toto Prasetio | Sr Information | Profile |