Atlas Menkul Correlations
| ATLAS Stock | TRY 6.76 0.04 0.59% |
The current 90-days correlation between Atlas Menkul Kiymetler and Sekerbank TAS is 0.16 (i.e., Average diversification). The correlation of Atlas Menkul 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Atlas Menkul Correlation With Market
Good diversification
The correlation between Atlas Menkul Kiymetler and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Atlas Menkul Kiymetler and DJI in the same portfolio, assuming nothing else is changed.
Atlas |
The ability to find closely correlated positions to Atlas Menkul could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlas Menkul 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 Atlas Menkul - 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 Atlas Menkul Kiymetler to buy it.
Moving together with Atlas Stock
| 0.69 | ISFIN | Is Finansal Kiralama | PairCorr |
| 0.71 | ZOREN | Zorlu Enerji Elektrik | PairCorr |
| 0.79 | AYEN | Ayen Enerji AS | PairCorr |
| 0.86 | GENTS | Gentas Genel Metal | PairCorr |
| 0.78 | PENGD | Penguen Gida Sanayi | PairCorr |
| 0.72 | ALFAS | Alfas Solar Enerji | PairCorr |
| 0.73 | GWIND | Galata Wind Enerji | PairCorr |
| 0.75 | EKGYO | Emlak Konut Gayrimenkul | PairCorr |
| 0.8 | PLTUR | Platform Turizm Tasi | PairCorr |
| 0.64 | ADESE | Adese Gayrimenkul Yatirim | PairCorr |
| 0.79 | BMSTL | Bms Birlesik Metal Split | PairCorr |
| 0.62 | SILVR | Silverline Endustri | PairCorr |
| 0.78 | KCAER | Kocaer Celik Sanayi Split | PairCorr |
| 0.62 | KOZAA | Koza Anadolu Metal | PairCorr |
| 0.87 | RYSAS | Reysas Tasimacilik | PairCorr |
| 0.91 | EGEPO | Nasmed Ozel Saglik | PairCorr |
| 0.88 | MACKO | Mackolik Internet | PairCorr |
| 0.8 | GLBMD | Global Menkul Degerler | PairCorr |
| 0.88 | ENKAI | ENKA Insaat ve | PairCorr |
Moving against Atlas Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Atlas Stock performing well and Atlas Menkul 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 Atlas Menkul'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KOZAA | 2.13 | (0.10) | 0.00 | (0.16) | 0.00 | 3.34 | 14.52 | |||
| MEGMT | 1.85 | (0.20) | 0.00 | (1.09) | 0.00 | 3.56 | 10.13 | |||
| BMSTL | 1.53 | 0.21 | 0.08 | 0.73 | 2.14 | 2.20 | 16.27 | |||
| SKBNK | 1.78 | 0.09 | 0.04 | 0.14 | 2.02 | 4.13 | 11.00 | |||
| POLTK | 2.05 | 0.03 | 0.01 | 0.07 | 2.32 | 3.88 | 15.18 | |||
| CUSAN | 1.73 | 0.35 | 0.14 | (0.82) | 1.96 | 5.23 | 9.59 | |||
| GSRAY | 1.67 | (0.25) | 0.00 | (3.23) | 0.00 | 3.05 | 11.79 | |||
| ICBCT | 1.70 | 0.08 | 0.03 | 1.26 | 1.86 | 3.54 | 12.28 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Atlas Menkul 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?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Atlas Menkul Corporate Management
Elected by the shareholders, the Atlas Menkul's board of directors comprises two types of representatives: Atlas Menkul inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atlas. The board's role is to monitor Atlas Menkul's management team and ensure that shareholders' interests are well served. Atlas Menkul'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, Atlas Menkul's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cagla Ozturk | Member of the Board | Profile | |
| Atilla Akgnl | G Mang | Profile | |
| Sahin Aslantas | Independent Member of the Board | Profile | |
| Cigdem Ozturk | Member of the Board | Profile | |
| Yasemin Hakan | Investor Mang | Profile | |
| Atilla Akgunlu | General Manager and Portfolio Manager | Profile |