Transcoal Pacific Correlations
| TCPI Stock | 6,900 25.00 0.36% |
The current 90-days correlation between Transcoal Pacific Tbk and Bank Tabungan Pensiunan is 0.24 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Transcoal Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transcoal Pacific Tbk moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Transcoal Pacific Correlation With Market
Good diversification
The correlation between Transcoal Pacific Tbk and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Transcoal Pacific Tbk and DJI in the same portfolio, assuming nothing else is changed.
Transcoal |
The ability to find closely correlated positions to Transcoal Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transcoal Pacific 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 Transcoal Pacific - 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 Transcoal Pacific Tbk to buy it.
Moving against Transcoal Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Transcoal Stock performing well and Transcoal Pacific 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 Transcoal Pacific'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BTPS | 1.65 | (0.44) | 0.00 | (0.98) | 0.00 | 3.42 | 12.43 | |||
| TPIA | 2.63 | (0.14) | 0.00 | (3.61) | 0.00 | 8.58 | 19.94 | |||
| MIKA | 1.48 | (0.31) | 0.00 | (1.35) | 0.00 | 3.00 | 10.99 | |||
| MDKA | 1.67 | (0.22) | 0.00 | 1.67 | 0.00 | 3.76 | 10.51 | |||
| PSSI | 0.56 | (0.04) | 0.00 | (0.40) | 0.00 | 0.96 | 3.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Transcoal Pacific 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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Transcoal Pacific Corporate Management
Elected by the shareholders, the Transcoal Pacific's board of directors comprises two types of representatives: Transcoal Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transcoal. The board's role is to monitor Transcoal Pacific's management team and ensure that shareholders' interests are well served. Transcoal Pacific'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, Transcoal Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anton Saragih | GM Sec | Profile | |
| Denry Lelo | Operational Director | Profile | |
| Freddi Anshary | Gen Affairs | Profile | |
| Erizal Darwis | Bus Director | Profile | |
| Budiman Kostaman | Pres Director | Profile | |
| Benhauser Manik | Operation Mang | Profile | |
| Amril | F Director | Profile |