Trust Finance Correlations
| TRUS Stock | IDR 620.00 124.00 25.00% |
The current 90-days correlation between Trust Finance Indonesia and Lenox Pasifik Investama is -0.06 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trust Finance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trust Finance Indonesia moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Trust Finance Correlation With Market
Average diversification
The correlation between Trust Finance Indonesia and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trust Finance Indonesia and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Trust Finance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trust Finance 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 Trust Finance - 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 Trust Finance Indonesia to buy it.
Moving against Trust Stock
| 0.6 | KPIG | Mnc Land Tbk | PairCorr |
| 0.52 | BBRI | Bank Rakyat Indonesia | PairCorr |
| 0.36 | HMSP | Hanjaya Mandala Sampoerna | PairCorr |
| 0.34 | GIAA | Garuda Indonesia Persero | PairCorr |
| 0.31 | BRPT | Barito Pacific Tbk | PairCorr |
Related Correlations Analysis
| -0.69 | 0.7 | -0.54 | 0.58 | PNIN | ||
| -0.69 | -0.47 | 0.45 | -0.21 | MREI | ||
| 0.7 | -0.47 | -0.51 | 0.58 | PANS | ||
| -0.54 | 0.45 | -0.51 | -0.24 | WOMF | ||
| 0.58 | -0.21 | 0.58 | -0.24 | LPPS | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Trust Stock performing well and Trust Finance 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 Trust Finance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PNIN | 2.11 | 0.39 | 0.12 | (3.22) | 1.89 | 6.16 | 17.44 | |||
| MREI | 0.83 | (0.21) | 0.00 | (2.54) | 0.00 | 1.48 | 4.42 | |||
| PANS | 0.54 | 0.02 | (0.12) | (0.08) | 0.65 | 1.25 | 4.26 | |||
| WOMF | 0.60 | (0.07) | 0.00 | (0.16) | 0.00 | 1.12 | 7.14 | |||
| LPPS | 3.45 | 0.31 | 0.01 | (0.16) | 4.04 | 7.50 | 43.08 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Trust Finance 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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Trust Finance Corporate Management
Elected by the shareholders, the Trust Finance's board of directors comprises two types of representatives: Trust Finance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trust. The board's role is to monitor Trust Finance's management team and ensure that shareholders' interests are well served. Trust Finance'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, Trust Finance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Fero Afandi | Head PPT | Profile | |
| Agustinus S | Head Compliance | Profile | |
| Windy Wijaya | Corporate Secretary | Profile | |
| Mulyono Kurniawan | Head Mang | Profile | |
| Herry Yani | Head Technology | Profile | |
| M Darman | Head Personnel | Profile |