Sonmez Pamuklu Correlations
| SNPAM Stock | TRY 99.70 4.80 4.59% |
The correlation of Sonmez Pamuklu 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 Sonmez Pamuklu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonmez Pamuklu Sanayii 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 Sonmez Pamuklu Sanayii and NYA is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sonmez Pamuklu Sanayii and NYA in the same portfolio, assuming nothing else is changed.
Sonmez |
The ability to find closely correlated positions to Sonmez Pamuklu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonmez Pamuklu 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 Sonmez Pamuklu - 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 Sonmez Pamuklu Sanayii to buy it.
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Risk-Adjusted Indicators
There is a big difference between Sonmez Stock performing well and Sonmez Pamuklu 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 Sonmez Pamuklu'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 | 0.61 | 0.33 | (2.40) | 1.03 | 5.02 | 9.41 | |||
| THYAO | 1.58 | 0.40 | 0.17 | (0.93) | 1.36 | 4.50 | 9.42 | |||
| GARAN | 1.74 | 0.51 | 0.19 | (1.01) | 1.56 | 4.53 | 11.21 | |||
| TUPRS | 1.57 | 0.61 | 0.36 | (0.98) | 0.95 | 4.25 | 8.63 | |||
| YKBNK | 2.18 | 0.65 | 0.20 | (1.10) | 2.16 | 5.59 | 12.26 | |||
| SAHOL | 1.90 | 0.50 | 0.20 | (0.65) | 1.62 | 4.20 | 9.98 | |||
| AKBNK | 2.28 | 0.75 | 0.23 | (0.88) | 2.14 | 5.88 | 11.47 | |||
| QNBFB | 3.11 | 0.17 | 0.04 | 0.34 | 3.32 | 9.89 | 19.95 | |||
| TCELL | 1.62 | 0.32 | 0.11 | (13.67) | 1.90 | 3.73 | 11.79 | |||
| TTKOM | 2.31 | 0.58 | 0.19 | (0.61) | 2.03 | 5.38 | 13.04 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sonmez Pamuklu 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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Sonmez Pamuklu Corporate Management
Elected by the shareholders, the Sonmez Pamuklu's board of directors comprises two types of representatives: Sonmez Pamuklu inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sonmez. The board's role is to monitor Sonmez Pamuklu's management team and ensure that shareholders' interests are well served. Sonmez Pamuklu'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, Sonmez Pamuklu's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mesut Yaman | Independent Member of the Board | Profile | |
| Cemil Sonmez | Member of the Board | Profile | |
| Adnan Akdeniz | Independent Member of the Board | Profile | |
| Mujdat Tuzun | Member of the Board | Profile | |
| Orhan Aydin | Accounting Mang | Profile |
Already Invested in Sonmez Pamuklu Sanayii?
The danger of trading Sonmez Pamuklu Sanayii 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 Sonmez Pamuklu 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 Sonmez Pamuklu. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sonmez Pamuklu Sanayii 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sonmez Pamuklu Sanayii. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Sonmez Stock analysis
When running Sonmez Pamuklu's price analysis, check to measure Sonmez Pamuklu'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 Sonmez Pamuklu is operating at the current time. Most of Sonmez Pamuklu's value examination focuses on studying past and present price action to predict the probability of Sonmez Pamuklu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonmez Pamuklu's price. Additionally, you may evaluate how the addition of Sonmez Pamuklu to your portfolios can decrease your overall portfolio volatility.
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