Flap Kongre Correlations
| FLAP Stock | TRY 9.16 0.11 1.19% |
The correlation of Flap Kongre 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 Flap Kongre moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flap Kongre Toplanti 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 Flap Kongre Toplanti and NYA is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flap Kongre Toplanti and NYA in the same portfolio, assuming nothing else is changed.
Flap |
The ability to find closely correlated positions to Flap Kongre could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flap Kongre 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 Flap Kongre - 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 Flap Kongre Toplanti to buy it.
Moving together with Flap Stock
Moving against Flap Stock
| 0.69 | GARAN | Turkiye Garanti Bankasi | PairCorr |
| 0.67 | AKBNK | Akbank TAS | PairCorr |
| 0.67 | YKBNK | Yapi ve Kredi | PairCorr |
| 0.66 | KCHOL | Koc Holding AS | PairCorr |
| 0.48 | TUPRS | Turkiye Petrol Rafin | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Flap Stock performing well and Flap Kongre 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 Flap Kongre'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KCHOL | 1.65 | 0.67 | 0.41 | (4.90) | 0.92 | 5.02 | 9.41 | |||
| THYAO | 1.60 | 0.42 | 0.21 | (1.32) | 1.35 | 4.50 | 9.42 | |||
| GARAN | 1.66 | 0.53 | 0.23 | (1.35) | 1.47 | 4.53 | 11.21 | |||
| TUPRS | 1.57 | 0.61 | 0.39 | (1.23) | 0.94 | 4.25 | 8.63 | |||
| YKBNK | 2.04 | 0.70 | 0.26 | (1.65) | 1.89 | 5.59 | 12.26 | |||
| SAHOL | 1.91 | 0.48 | 0.22 | (0.88) | 1.62 | 4.20 | 9.98 | |||
| AKBNK | 2.17 | 0.71 | 0.25 | (1.27) | 1.99 | 5.82 | 11.47 | |||
| QNBFB | 3.37 | 0.55 | 0.14 | 1.57 | 3.10 | 9.89 | 19.95 | |||
| TCELL | 1.62 | 0.32 | 0.13 | (5.05) | 1.90 | 3.73 | 11.79 | |||
| TTKOM | 2.31 | 0.53 | 0.19 | (0.63) | 2.01 | 5.38 | 13.04 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Flap Kongre 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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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Flap Kongre Corporate Management
Elected by the shareholders, the Flap Kongre's board of directors comprises two types of representatives: Flap Kongre inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flap. The board's role is to monitor Flap Kongre's management team and ensure that shareholders' interests are well served. Flap Kongre'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, Flap Kongre's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Osman Firat | Member of the Board | Profile | |
| Cuneyt Arel | Administrative Affairs Manager | Profile | |
| Bahar Ceyhan | Vice General Manager - Sales and Marketing | Profile | |
| Yasemin Kilic | Accounting and Finance Manager | Profile | |
| Serkan naldi | Investor Mang | Profile |
Already Invested in Flap Kongre Toplanti?
The danger of trading Flap Kongre Toplanti 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 Flap Kongre 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 Flap Kongre. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Flap Kongre Toplanti 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 Flap Kongre Toplanti. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Flap Stock analysis
When running Flap Kongre's price analysis, check to measure Flap Kongre'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 Flap Kongre is operating at the current time. Most of Flap Kongre's value examination focuses on studying past and present price action to predict the probability of Flap Kongre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flap Kongre's price. Additionally, you may evaluate how the addition of Flap Kongre to your portfolios can decrease your overall portfolio volatility.
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