Isiklar Enerji Correlations
| IEYHO Stock | TRY 5.12 0.10 1.99% |
The correlation of Isiklar Enerji 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 Isiklar Enerji moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Isiklar Enerji ve 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 Isiklar Enerji ve 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 Isiklar Enerji ve and NYA in the same portfolio, assuming nothing else is changed.
Isiklar |
The ability to find closely correlated positions to Isiklar Enerji could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Isiklar Enerji 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 Isiklar Enerji - 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 Isiklar Enerji ve to buy it.
Moving against Isiklar Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Isiklar Stock performing well and Isiklar Enerji 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 Isiklar Enerji'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GARAN | 1.67 | 0.50 | 0.22 | 2.70 | 1.49 | 4.53 | 11.21 | |||
| YKBNK | 2.07 | 0.69 | 0.24 | (1.04) | 1.96 | 5.59 | 12.26 | |||
| AKBNK | 2.20 | 0.75 | 0.25 | (1.87) | 2.03 | 5.82 | 11.47 | |||
| ISCTR | 2.06 | 0.54 | 0.21 | (1.61) | 1.80 | 4.81 | 11.72 | |||
| ISBTR | 3.63 | 0.17 | 0.04 | 0.16 | 4.18 | 9.99 | 20.00 | |||
| VAKBN | 1.88 | 0.56 | 0.23 | (0.79) | 1.60 | 4.31 | 14.01 | |||
| KCHOL | 1.67 | 0.65 | 0.38 | (2.59) | 0.95 | 5.02 | 9.41 | |||
| HALKB | 2.25 | 0.45 | 0.12 | (0.47) | 2.44 | 6.12 | 16.28 | |||
| SAHOL | 1.85 | 0.40 | 0.19 | 0.99 | 1.63 | 4.21 | 9.99 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Isiklar Enerji 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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Already Invested in Isiklar Enerji ve?
The danger of trading Isiklar Enerji ve 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 Isiklar Enerji 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 Isiklar Enerji. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Isiklar Enerji ve 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Isiklar Enerji ve. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Isiklar Stock analysis
When running Isiklar Enerji's price analysis, check to measure Isiklar Enerji'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 Isiklar Enerji is operating at the current time. Most of Isiklar Enerji's value examination focuses on studying past and present price action to predict the probability of Isiklar Enerji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Isiklar Enerji's price. Additionally, you may evaluate how the addition of Isiklar Enerji to your portfolios can decrease your overall portfolio volatility.
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