Damai Sejahtera Correlations
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The current 90-days correlation between Damai Sejahtera Abadi and PT Sunter Lakeside is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Damai Sejahtera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Damai Sejahtera Abadi moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Damai Sejahtera Correlation With Market
Good diversification
The correlation between Damai Sejahtera Abadi and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Damai Sejahtera Abadi and DJI in the same portfolio, assuming nothing else is changed.
Damai |
The ability to find closely correlated positions to Damai Sejahtera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Damai Sejahtera 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 Damai Sejahtera - 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 Damai Sejahtera Abadi to buy it.
Moving together with Damai Stock
| 0.75 | INDF | PT Indofood Sukses | PairCorr |
| 0.78 | UNTR | United Tractors Tbk | PairCorr |
| 0.72 | JPFA | Japfa Comfeed Indonesia | PairCorr |
| 0.61 | RODA | Pikko Land Development | PairCorr |
| 0.67 | RAFI | PT Sari Kreasi | PairCorr |
| 0.86 | MYOH | Samindo Resources Tbk | PairCorr |
| 0.68 | DMMX | Digital Mediatama Maxima | PairCorr |
| 0.72 | BKSW | Bank Qnb Indonesia | PairCorr |
| 0.7 | AXIO | Tera Data Indonusa | PairCorr |
| 0.72 | ADRO | Adaro Energy Tbk | PairCorr |
| 0.75 | JIHD | Jakarta Int Hotels | PairCorr |
| 0.9 | JSPT | Jakarta Setiabudi | PairCorr |
Moving against Damai Stock
| 0.76 | HERO | Hero Supermarket Tbk | PairCorr |
| 0.65 | BMRI | Bank Mandiri Persero | PairCorr |
| 0.61 | RALS | Ramayana Lestari Sentosa | PairCorr |
| 0.59 | GGRM | Gudang Garam Tbk | PairCorr |
| 0.56 | BBNI | Bank Negara Indonesia | PairCorr |
| 0.53 | AALI | Astra Agro Lestari | PairCorr |
| 0.37 | AMRT | Sumber Alfaria Trijaya | PairCorr |
| 0.46 | KDSI | Kedawung Setia Industrial Split | PairCorr |
Related Correlations Analysis
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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 Damai Stock performing well and Damai Sejahtera 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 Damai Sejahtera'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNLK | 2.37 | 0.79 | 0.28 | (1.94) | 1.75 | 7.10 | 13.05 | |||
| WMUU | 3.04 | (0.04) | (0.01) | (0.02) | 4.08 | 10.00 | 21.11 | |||
| BELL | 2.32 | (0.32) | 0.00 | (0.42) | 0.00 | 3.33 | 35.07 | |||
| DGNS | 2.43 | (0.36) | 0.00 | 0.41 | 0.00 | 6.03 | 23.07 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Damai Sejahtera 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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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Damai Sejahtera Corporate Management
Elected by the shareholders, the Damai Sejahtera's board of directors comprises two types of representatives: Damai Sejahtera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Damai. The board's role is to monitor Damai Sejahtera's management team and ensure that shareholders' interests are well served. Damai Sejahtera'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, Damai Sejahtera's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lianda | Head Unit | Profile | |
| Lina SE | Co Sec | Profile | |
| Soeliana Tanumihardjo | Director Director | Profile | |
| Henry SE | Operations Director | Profile | |
| Poedji Harixon | Pres Director | Profile |