| Year | Strat | JKSE | Δ |
|---|---|---|---|
| 2026* | -12.6% | -24.8% | +12.2% |
| 2025 | +23.3% | +22.1% | +1.1% |
| 2024* | +0.0% | -7.6% | +7.6% |
| Period | Strategy | ^JKSE | vs index |
|---|---|---|---|
| Day | +0.6% | -0.4% | +1.0% |
| Week | +2.1% | +1.6% | +0.6% |
| Month | +3.7% | +4.9% | -1.2% |
| # | Holding | Weight | Day | score |
|---|---|---|---|---|
| 1 | CPIN fundamental value-creation +53%. | 10.0% | -0.7% | 53% |
| 2 | PTBA fundamental value-creation +45%. | 10.0% | +3.3% | 45% |
| 3 | ANTM fundamental value-creation +38%. | 10.0% | +0.6% | 38% |
| 4 | SMGR fundamental value-creation +10%. | 10.0% | -3.8% | 10% |
| 5 | MIKA fundamental value-creation +5%. | 10.0% | +1.1% | 5% |
| 6 | ADRO fundamental value-creation +0%. | 10.0% | +3.1% | 0% |
| 7 | INCO fundamental value-creation -0%. | 10.0% | +1.4% | -0% |
| 8 | PGAS fundamental value-creation -0%. | 10.0% | +1.3% | -0% |
| 9 | KLBF fundamental value-creation -4%. | 10.0% | -0.6% | -4% |
| 10 | TLKM fundamental value-creation -9%. | 10.0% | +0.4% | -9% |
| Rebalance | Signal | Holding | Price (IDR) | Weight | Result |
|---|---|---|---|---|---|
| 12 Jul 2026 | Buy | TLKM Telkom Indonesia fundamental value-creation -9%. | 2 510 | 10.0% | — |
| Sell | TPIA Chandra Asri Pacific dropped out of the top ranking (entry score was 0%) | 1 890 | — | +0.3% | |
| 5 Jul 2026 | Buy | ADRO Alamtri Resources Indonesia fundamental value-creation +0%. | 2 300 | 10.0% | — |
| Buy | TPIA Chandra Asri Pacific fundamental value-creation +0%. | 1 885 | 10.0% | — | |
| Sell | TLKM Telkom Indonesia dropped out of the top ranking (entry score was -9%) | 2 480 | — | -8.5% | |
| Sell | INDF Indofood Sukses Makmur dropped out of the top ranking (entry score was -14%) | 6 610 | — | +3.8% | |
| 19 Jun 2026 | Buy | PGAS Perusahaan Gas Negara fundamental value-creation -0%. | 1 540 | 10.0% | — |
| Sell | ICBP Indofood CBP Sukses Makmur dropped out of the top ranking (entry score was -15%) | 6 444 | — | +1.5% | |
| 15 Jun 2026 initial book | Buy | CPIN Charoen Pokphand Indonesia fundamental value-creation +26%. | 3 410 | 10.0% | — |
| Buy | SMGR Semen Indonesia fundamental value-creation +13%. | 1 555 | 10.0% | — | |
| Buy | KLBF Kalbe Farma fundamental value-creation +12%. | 740.00 | 10.0% | — | |
| Buy | MIKA Mitra Keluarga Karyasehat fundamental value-creation +8%. | 1 508 | 10.0% | — | |
| Buy | INCO Vale Indonesia fundamental value-creation -0%. | 5 075 | 10.0% | — | |
| Buy | PTBA Bukit Asam fundamental value-creation -5%. | 2 503 | 10.0% | — | |
| Buy | TLKM Telkom Indonesia fundamental value-creation -8%. | 2 709 | 10.0% | — | |
| Buy | ICBP Indofood CBP Sukses Makmur fundamental value-creation -15%. | 6 347 | 10.0% | — | |
| Buy | INDF Indofood Sukses Makmur fundamental value-creation -19%. | 6 371 | 10.0% | — | |
| Buy | ANTM Aneka Tambang fundamental value-creation -86%. | 2 917 | 10.0% | — |
Prices are the frozen close on the signal date — the price at which the live paper-book starts (buy) or stops (sell) holding the position. Sell result is the price change from the position's own buy signal, dividends not included.