Euro Menkul Correlations
| EUYO Stock | TRY 16.75 0.45 2.76% |
The correlation of Euro Menkul 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 Euro Menkul moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euro Menkul Kiymet 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.
Significant diversification
The correlation between Euro Menkul Kiymet and NYA is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Euro Menkul Kiymet and NYA in the same portfolio, assuming nothing else is changed.
Euro |
The ability to find closely correlated positions to Euro Menkul could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euro Menkul 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 Euro Menkul - 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 Euro Menkul Kiymet to buy it.
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Euro Stock performing well and Euro Menkul 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 Euro Menkul'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in Euro Menkul 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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Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Euro Menkul Corporate Management
Elected by the shareholders, the Euro Menkul's board of directors comprises two types of representatives: Euro Menkul inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Euro. The board's role is to monitor Euro Menkul's management team and ensure that shareholders' interests are well served. Euro Menkul'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, Euro Menkul's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Metin Yildirim | Independent Member of the Board | Profile | |
| Savas zdemir | Gen Mang | Profile | |
| Coskun Arik | Member of the Board | Profile | |
| Elif Akaevren | General Manager | Profile |
Already Invested in Euro Menkul Kiymet?
The danger of trading Euro Menkul Kiymet 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 Euro Menkul 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 Euro Menkul. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Euro Menkul Kiymet 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euro Menkul Kiymet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Euro Stock analysis
When running Euro Menkul's price analysis, check to measure Euro Menkul'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 Euro Menkul is operating at the current time. Most of Euro Menkul's value examination focuses on studying past and present price action to predict the probability of Euro Menkul's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Menkul's price. Additionally, you may evaluate how the addition of Euro Menkul to your portfolios can decrease your overall portfolio volatility.
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