Pt Telekomunik Correlations

TLKMF
 Stock
  

USD 0.25  0.00  0.00%   

The correlation of Pt Telekomunik is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pt Telekomunik moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pt Telekomunik Ind moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
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The ability to find closely correlated positions to Pt Telekomunik could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pt Telekomunik 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 Pt Telekomunik - 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 Pt Telekomunik Ind to buy it.

Moving together with Pt Telekomunik

+0.65VZVerizon CommunicationsPairCorr
+0.75CIACitizensPairCorr
+0.79KSHBKUSHCO HOLDINGS INCPairCorr
+0.79MRLWFMarlowe PlcPairCorr

Moving against Pt Telekomunik

-0.9AGCBAltimeter Growth CorpPairCorr
-0.71MMSIMerit Medical SysPairCorr
-0.64SFTBYSoftbank Corp ADRPairCorr
-0.54TATT IncPairCorr
-0.91BLTSBright Lights AcquisitionPairCorr
-0.83PCGUPGE CorpPairCorr
-0.82AZOAutozonePairCorr

Related Correlations

VZ
CMCSA
T
BLTS
VZ
0.820.11-0.69
VZ
CMCSA
0.820.54-0.26
CMCSA
T
0.110.540.57
T
BLTS
-0.69-0.260.57
BLTS
VZ
CMCSA
T
BLTS
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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
CMCSAVZ
BLTST
TCMCSA
TVZ
  
High negative correlations   
BLTSVZ
BLTSCMCSA

Pt Telekomunik Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between TLKMF OTC Stock performing well and Pt Telekomunik company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Pt Telekomunik's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pt Telekomunik 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.

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Pt Telekomunik Corporate Directors

Pt Telekomunik corporate directors refer to members of a Pt Telekomunik board of directors. The board of directors generally takes responsibility for the Pt Telekomunik's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Pt Telekomunik's board members must vote for the resolution. The Pt Telekomunik board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Edwin Aristiawan - Director of Wholesale and International ServiceProfile
Bogi Witjaksono - Director of Enterprise and Business ServiceProfile
Honesti Basyir - Director of Wholesale and International Service, Corporate Secretary and DirectorProfile
Zulhelfi Abidin - Director of Network and Information Technology SolutionProfile

Invested in Pt Telekomunik Ind?

The danger of trading Pt Telekomunik Ind is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Pt Telekomunik is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Pt Telekomunik. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pt Telekomunik Ind is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for analysis

When running Pt Telekomunik Ind price analysis, check to measure Pt Telekomunik's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pt Telekomunik is operating at the current time. Most of Pt Telekomunik's value examination focuses on studying past and present price action to predict the probability of Pt Telekomunik's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pt Telekomunik's price. Additionally, you may evaluate how the addition of Pt Telekomunik to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Pt Telekomunik's value and its price as these two are different measures arrived at by different means. Investors typically determine Pt Telekomunik value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pt Telekomunik's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.