Aygaz AS Correlations
| AYGAZ Stock | TRY 159.50 6.30 3.80% |
The current 90-days correlation between Aygaz AS and Aksa Akrilik Kimya is 0.18 (i.e., Average diversification). The correlation of Aygaz AS 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.
Aygaz |
The ability to find closely correlated positions to Aygaz AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aygaz AS 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 Aygaz AS - 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 Aygaz AS to buy it.
Moving together with Aygaz Stock
| 0.89 | SASA | SASA Polyester Sanayi | PairCorr |
| 0.95 | KCHOL | Koc Holding AS | PairCorr |
| 0.87 | TUPRS | Turkiye Petrol Rafin | PairCorr |
| 0.73 | EREGL | Eregli Demir ve | PairCorr |
| 0.81 | GOLTS | Goltas Goller Bolgesi | PairCorr |
| 0.65 | KRSTL | Kristal Kola ve | PairCorr |
Moving against Aygaz Stock
| 0.75 | DGATE | Datagate Bilgisayar | PairCorr |
| 0.73 | GEDZA | Gediz Ambalaj Sanayi | PairCorr |
| 0.48 | SNKRN | Senkron Guvenlik | PairCorr |
| 0.44 | CRDFA | Creditwest Faktoring | PairCorr |
| 0.43 | GENTS | Gentas Genel Metal | PairCorr |
| 0.39 | THYAO | Turkish Airlines | PairCorr |
| 0.38 | TURSG | Turkiye Sigorta AS | PairCorr |
| 0.37 | ZRGYO | Ziraat Gayrimenkul | PairCorr |
| 0.37 | HALKB | Turkiye Halk Bankasi | PairCorr |
| 0.33 | BMSTL | Bms Birlesik Metal | PairCorr |
| 0.83 | OBAMS | Oba Makarnaclk San | PairCorr |
| 0.62 | DCTTR | DCT TRADING DIS | PairCorr |
| 0.62 | HEDEF | Hedef Holdings AS | PairCorr |
| 0.58 | ESEN | Esenboga Elektrik Uretim | PairCorr |
| 0.55 | HDFGS | Hedef Girisim Sermayesi | PairCorr |
| 0.53 | AYES | Ayes Celik Hasir | PairCorr |
| 0.47 | SUNTK | Sun Tekstil Sanayi | PairCorr |
| 0.45 | ARENA | Arena Bilgisayar Sanayi | PairCorr |
| 0.44 | MAGEN | Margun Enerji Uretim | PairCorr |
| 0.44 | GENIL | Gen Ilac ve | PairCorr |
Related Correlations Analysis
| -0.47 | 0.63 | 0.19 | 0.49 | TUPRS | ||
| -0.47 | 0.23 | -0.16 | 0.28 | AKSA | ||
| 0.63 | 0.23 | -0.07 | 0.79 | ARCLK | ||
| 0.19 | -0.16 | -0.07 | 0.2 | TOASO | ||
| 0.49 | 0.28 | 0.79 | 0.2 | FROTO | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Aygaz Stock performing well and Aygaz AS 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 Aygaz AS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TUPRS | 1.21 | (0.03) | 0.00 | (0.92) | 0.00 | 2.67 | 6.34 | |||
| AKSA | 1.74 | 0.19 | 0.11 | 0.53 | 2.28 | 4.13 | 11.72 | |||
| ARCLK | 1.45 | 0.03 | 0.06 | 0.04 | 1.73 | 2.76 | 8.05 | |||
| TOASO | 1.79 | 0.13 | 0.10 | 1.65 | 1.90 | 3.46 | 9.10 | |||
| FROTO | 1.13 | 0.15 | 0.15 | 0.75 | 1.35 | 3.07 | 7.97 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aygaz AS 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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Aygaz AS Corporate Management
Elected by the shareholders, the Aygaz AS's board of directors comprises two types of representatives: Aygaz AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aygaz. The board's role is to monitor Aygaz AS's management team and ensure that shareholders' interests are well served. Aygaz AS'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, Aygaz AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ayse Bilgin | Assistant Investments | Profile | |
| Selin Sanver | Investor Mang | Profile | |
| Fikret Cosar | Vice General Manager - Sales | Profile | |
| Gkhan Tezel | G Mang | Profile | |
| Ridvan Uar | Assistant Innovation | Profile | |
| Esra Topko | Director HR | Profile |