Compare Akcansa to ICBC, Politeknik, Trabzonspor, Qnb, Bms, Cuhadaroglu

Comparing Akcansa to ICBC, Politeknik, Trabzonspor, Qnb, Bms, Cuhadaroglu can provide valuable insights into potential diversification opportunities when combining these positions into a portfolio. By using this module, you can analyze the advantages of specified entities, assessing both technical and fundamental indicators across various peers. Please use the input box below to enter the symbols for specific investments you'd like to analyze. Check out your portfolio center.

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Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between positions in your portfolio represents the degree of relationship between the price movements of corresponding instruments. A correlation of about +1.0 implies that the prices move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated.

	AKCNS	ICBCT	POLTK	TSPOR	QNBTR	BMSTL	CUSAN
AKCNS		0.84	0.67	-0.32	-0.35	0.83	0.69	AKCNS
ICBCT	0.84		0.62	-0.3	-0.4	0.81	0.61	ICBCT
POLTK	0.67	0.62		0.08	-0.2	0.67	0.55	POLTK
TSPOR	-0.32	-0.3	0.08		0.8	-0.46	-0.05	TSPOR
QNBTR	-0.35	-0.4	-0.2	0.8		-0.57	-0.1	QNBTR
BMSTL	0.83	0.81	0.67	-0.46	-0.57		0.52	BMSTL
CUSAN	0.69	0.61	0.55	-0.05	-0.1	0.52		CUSAN
	AKCNS	ICBCT	POLTK	TSPOR	QNBTR	BMSTL	CUSAN

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High positive correlations

ICBCT	+ 0.84	AKCNS
BMSTL	+ 0.83	AKCNS
BMSTL	+ 0.81	ICBCT
QNBTR	+ 0.8	TSPOR
CUSAN	+ 0.69	AKCNS
POLTK	+ 0.67	AKCNS

High negative correlations

BMSTL	- 0.57	QNBTR
BMSTL	- 0.46	TSPOR
QNBTR	- 0.4	ICBCT
QNBTR	- 0.35	AKCNS
TSPOR	- 0.32	AKCNS
TSPOR	- 0.3	ICBCT

Risk-Adjusted Indicators

There is a big difference between a company's stock performing well and the company itself 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 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
AKCNS	1.98	0.15	0.06	0.71	1.86	(2.67)	6.11	(3.12)	14.70
ICBCT	1.70	0.08	0.03	1.26	1.86	(1.89)	3.54	(3.12)	12.28
POLTK	2.05	0.03	0.01	0.07	2.32	(2.31)	3.88	(3.78)	15.18
TSPOR	1.82	(0.36)	0.00	(1.39)	0.00	0.00	4.12	(4.30)	9.86
QNBTR	1.52	(0.22)	0.00	1.59	0.00	0.00	3.61	(3.23)	10.68
BMSTL	1.53	0.21	0.08	0.73	2.14	(1.54)	2.20	(3.06)	16.27
CUSAN	1.73	0.35	0.14	(0.82)	1.96	(1.93)	5.23	(3.17)	9.59

Unable to evaluate fundamental data of [AKCNS.IS, ICBCT.IS, POLTK.IS, TSPOR.IS, QNBTR.IS, BMSTL.IS, CUSAN.IS] at this time. Please try again later

All Fundamental Data

Competitive Analysis

Better Than Average

Worse Than Peers

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	AKCNS	ICBCT	POLTK	TSPOR	QNBTR	BMSTL	CUSAN
	0.69 175.70 Akcansa	1.94 14.15 ICBC	3.88 7,095 Politeknik	1.11 0.89 Trabzonspor	1.63 271.00 Qnb	1.40 28.20 Bms	1.53 26.56 Cuhadaroglu
Market Volatility (90 Days Market Risk)	Very steady	Not too volatile	Very steady	Dangerous	Very steady	Very steady	Not too volatile
Market Performance (90 Days Performance)	Modest	Weak	Weak	Very Weak	Very Weak	OK	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Below Average	Unknown	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Sell	Sell	Strong Sell	Strong Sell	Hold	Strong Sell
Current Ratio	0.97 X	N/A	3.72 X	0.37 X		N/A	2.42 X
Net Asset	3.5 B	39.37 B	84.14 M	1.6 B		N/A	821.94 M
Profit Margin	0.20 %	0.46 %	0.20 %	(0.17) %		N/A	0.09 %
EBITDA	437.34 M	N/A	32.39 M	96.14 M		N/A	184.68 M
Operating Margin	0.13 %	0.61 %	0.22 %	(0.40) %		N/A	0.19 %
Current Valuation	12.05 B	10.19 B	4.5 B	3.75 B		N/A	2.03 B
Price To Book	3.85 X	2.97 X	40.49 X	N/A		N/A	3.99 X
Retained Earnings	487 M	N/A	8 M	(314 M)		N/A	43 M
Current Asset	615 M	N/A	18 M	30 M		N/A	144 M
Five Year Return	7.60 %	N/A	N/A	N/A		N/A	N/A
Beta	1.07	0.49	0.73	0.1		N/A	0.51
Number Of Employees	1 K	839	61	226		212	687
Shares Outstanding	191.45 M	860 M	3.75 M	500 M		N/A	71.25 M
Cash Flow From Operations	77.54 M	(3.71 B)	14.99 M	288.89 M		N/A	(48.63 M)
Annual Yield	0.01 %	N/A	0.0008 %	N/A		N/A	0.03 %
Total Debt	N/A	10.76 B	5.16 M	1 B		N/A	9.87 M
Return On Equity	0.62	0.59	0.45	N/A		N/A	0.5
Z Score	N/A	N/A	N/A	0.6		N/A	67.0
Return On Asset	0.12	0.0301	0.24	-0.16		N/A	0.21
Book Value Per Share	15.28 X	3.10 X	29.64 X	(1.16) X		13.78 X	5.05 X
Current Liabilities	555 M	N/A	5 M	314 M		N/A	52 M
Total Asset	3.5 B	39.37 B	84.14 M	1.6 B		N/A	821.94 M
Debt To Equity	0.49 %	N/A	0.10 %	N/A		N/A	0.07 %
Target Price	60.72	1.22	N/A	N/A		N/A	N/A
Last Dividend Paid	0.48	N/A	1.0	N/A		N/A	0.44
Shares Owned By Institutions	0.76 %	92.80 %	N/A	0.18 %		N/A	N/A
Market Capitalization	11.85 B	7.35 B	4.93 B	1.72 B		N/A	1.09 B
Price To Earning	18.17 X	47.68 X	67.78 X	47.09 X		N/A	8.99 X
Price To Earnings To Growth	2.83 X	N/A	N/A	N/A		N/A	N/A
Price To Sales	1.64 X	3.04 X	35.14 X	2.65 X		N/A	0.87 X
Net Income	303.62 M	187.19 M	24.9 M	(335.26 M)		N/A	95.31 M
Earnings Per Share	6.97 X	1.47 X	7.43 X	0.13 X		N/A	2.21 X
Shares Owned By Insiders	85.46 %	N/A	80.30 %	5.00 %		70.22 %	74.03 %
Revenue	2.87 B	1.49 B	123.79 M	656.64 M		N/A	1.09 B
Working Capital	60 M	N/A	13 M	(284 M)		N/A	92 M
Cash And Equivalents	159.29 M	5.08 B	5.09 M	30.82 M		N/A	32.89 M
Cash Per Share	0.83 X	5.91 X	1.36 X	0.06 X		N/A	0.46 X
Gross Profit	420.92 M	974.23 M	42.09 M	(210.55 M)		N/A	239.34 M
Day Typical Price	175.07	14.27	6969.17	0.89	272.0	28.41	26.46
Accumulation Distribution	0.0176	0.0309	0.0532	0.0222	0.0218	0.0249	0.0452
Market Facilitation Index	3.1	0.45	377.5	0.02	6.0	0.72	1.22
Daily Balance Of Power	0.3871	(0.62)	0.702	(0.50)	(0.75)	(0.56)	0.3279
Period Momentum Indicator	1.2	(0.28)	265.0	(0.01)	(4.50)	(0.40)	0.4
Rate Of Daily Change	1.01	0.98	1.04	0.99	0.98	0.99	1.02
Day Median Price	174.75	14.33	6906.25	0.89	272.5	28.52	26.41
Price Action Indicator	1.55	(0.31)	321.25	(0.01)	(3.75)	(0.52)	0.35
Coefficient Of Variation	1775.03	2587.88	5409.52	(663.87)	(941.19)	1058.35	729.98
Mean Deviation	1.98	1.7	2.05	1.82	1.52	1.53	1.73
Jensen Alpha	0.145	0.0757	0.0295	(0.36)	(0.22)	0.2102	0.352
Total Risk Alpha	0.0703	0.014	(0.04)	(0.42)	(0.28)	0.1495	0.2707
Sortino Ratio	0.0645	0.0266	0.0088	N/A	N/A	0.0787	0.1411
Downside Variance	3.91	4.26	5.61	N/A	N/A	6.11	5.16
Standard Deviation	2.83	2.25	2.86	2.31	2.04	2.4	2.58
Kurtosis	3.3	1.57	3.23	0.0218	1.22	5.79	3.57
Potential Upside	6.11	3.54	3.88	4.12	3.61	2.2	5.23
Treynor Ratio	0.712	1.26	0.0709	(1.39)	1.59	0.7326	(0.82)
Maximum Drawdown	14.7	12.28	15.18	9.86	10.68	16.27	9.59
Variance	8.03	5.07	8.2	5.34	4.16	5.76	6.63
Market Risk Adjusted Performance	0.722	1.27	0.0809	(1.38)	1.6	0.7426	(0.81)
Risk Adjusted Performance	0.0518	0.0371	0.0219	(0.11)	(0.08)	0.0816	0.1155
Skewness	1.53	0.7484	1.22	0.0825	0.4257	0.3707	1.05
Semi Deviation	1.86	1.86	2.32	N/A	N/A	2.14	1.96
Information Ratio	0.045	0.0243	0.0072	(0.16)	(0.12)	0.0811	0.1245
Value At Risk	(3.12)	(3.12)	(3.78)	(4.30)	(3.23)	(3.06)	(3.17)
Expected Short fall	(2.67)	(1.89)	(2.31)	N/A	N/A	(1.54)	(1.93)
Downside Deviation	1.98	2.06	2.37	N/A	N/A	2.47	2.27
Semi Variance	3.44	3.46	5.39	N/A	N/A	4.58	3.83

Market Neutrality

One of the main advantages of trading using market-neutral strategies is that every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.

Please note, the success of pairs trading depends heavily on the modeling and forecasting of the spread time series. However, in general, pair trading minimizes risk from directional movements in the market unless the strategy's equities are perfectly correlated. For example, if an entire industry or sector drops because of unexpected headlines, the first equity's short position will appreciate offsetting losses from the drop in the long position's value.

Five steps to successful analysis of competition

Competitive analysis is the process of researching and evaluating the competitive landscape of a business entity. It provides an understanding of the company's strengths, weaknesses, opportunities, and threats (SWOT) in relation to its competition. The competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors across the sector or industry, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact the competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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