Ulker Biskuvi Correlations
| ULKER Stock | TRY 110.20 0.90 0.82% |
The correlation of Ulker Biskuvi 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 Ulker Biskuvi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ulker Biskuvi Sanayi 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 Ulker Biskuvi Sanayi and NYA is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ulker Biskuvi Sanayi and NYA in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Ulker Biskuvi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ulker Biskuvi 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 Ulker Biskuvi - 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 Ulker Biskuvi Sanayi to buy it.
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 Ulker Biskuvi 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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Ulker Biskuvi Corporate Directors
Ulker Biskuvi corporate directors refer to members of an Ulker Biskuvi board of directors. The board of directors generally takes responsibility for the Ulker Biskuvi's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ulker Biskuvi's board members must vote for the resolution. The Ulker Biskuvi board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Idiris Can | Commercial Director | Profile | |
| Mehmet Muderrisoglu | Independent Non-Executive Member of the Board of Directors | Profile | |
| Nihal Gul | Marketing Director - Cake Group | Profile | |
| Ali Ulker | Executive Member of the Board of Directors | Profile |
Already Invested in Ulker Biskuvi Sanayi?
The danger of trading Ulker Biskuvi Sanayi 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 Ulker Biskuvi 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 Ulker Biskuvi. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ulker Biskuvi Sanayi 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 Ulker Biskuvi Sanayi. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. 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 Ulker Stock analysis
When running Ulker Biskuvi's price analysis, check to measure Ulker Biskuvi'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 Ulker Biskuvi is operating at the current time. Most of Ulker Biskuvi's value examination focuses on studying past and present price action to predict the probability of Ulker Biskuvi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ulker Biskuvi's price. Additionally, you may evaluate how the addition of Ulker Biskuvi to your portfolios can decrease your overall portfolio volatility.
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