Alarko Holding Correlations
| ALARK Stock | TRY 117.60 1.40 1.18% |
The correlation of Alarko Holding is a statistical measure of how it moves in relation to other instruments. 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 Alarko Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alarko Holding AS 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.
Good diversification
The correlation between Alarko Holding AS and NYA is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alarko Holding AS and NYA in the same portfolio, assuming nothing else is changed.
Alarko |
The ability to find closely correlated positions to Alarko Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alarko Holding 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 Alarko Holding - 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 Alarko Holding AS to buy it.
Moving together with Alarko Stock
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in Alarko Holding 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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Alarko Holding Corporate Management
Elected by the shareholders, the Alarko Holding's board of directors comprises two types of representatives: Alarko Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alarko. The board's role is to monitor Alarko Holding's management team and ensure that shareholders' interests are well served. Alarko Holding'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, Alarko Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Neslihan Tombul | Independent Member of the Board | Profile | |
| Izzet Kismir | Independent Member of the Board | Profile | |
| Hakan Aytekin | General Manager, Altek | Profile | |
| Mehmet Donmez | Independent Member of the Board | Profile |
Already Invested in Alarko Holding AS?
The danger of trading Alarko Holding AS 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 Alarko Holding 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 Alarko Holding. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alarko Holding AS 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alarko Holding AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Alarko Stock analysis
When running Alarko Holding's price analysis, check to measure Alarko Holding'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 Alarko Holding is operating at the current time. Most of Alarko Holding's value examination focuses on studying past and present price action to predict the probability of Alarko Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarko Holding's price. Additionally, you may evaluate how the addition of Alarko Holding to your portfolios can decrease your overall portfolio volatility.
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