Bera Holding Correlations
| BERA Stock | TRY 14.83 0.11 0.74% |
The current 90-days correlation between Bera Holding AS and Alarko Holding AS is 0.51 (i.e., Very weak diversification). The correlation of Bera Holding 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Bera Holding Correlation With Market
Average diversification
The correlation between Bera Holding AS and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bera Holding AS and DJI in the same portfolio, assuming nothing else is changed.
Bera |
The ability to find closely correlated positions to Bera Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bera Holding 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 Bera Holding - 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 Bera Holding AS to buy it.
Moving together with Bera Stock
| 0.85 | KCHOL | Koc Holding AS | PairCorr |
| 0.87 | ALARK | Alarko Holding AS | PairCorr |
| 0.92 | DOHOL | Dogan Sirketler Grubu | PairCorr |
| 0.84 | ECZYT | Eczacibasi Yatirim | PairCorr |
| 0.78 | ZEDUR | Zedur Enerji Elektrik | PairCorr |
| 0.72 | IHLAS | Ihlas Holding AS | PairCorr |
| 0.78 | MZHLD | Mazhar Zorlu Holding | PairCorr |
| 0.67 | NUHCM | Nuh Cimento Sanayi | PairCorr |
| 0.8 | EREGL | Eregli Demir ve Split | PairCorr |
| 0.64 | ISDMR | Iskenderun Demir | PairCorr |
| 0.68 | TBORG | Turk Tuborg Bira | PairCorr |
| 0.78 | CCOLA | Coca Cola Icecek | PairCorr |
| 0.7 | TRCAS | Turcas Petrol AS | PairCorr |
| 0.88 | KOZAA | Koza Anadolu Metal | PairCorr |
| 0.84 | PENGD | Penguen Gida Sanayi | PairCorr |
| 0.73 | MACKO | Mackolik Internet | PairCorr |
| 0.77 | EGEPO | Nasmed Ozel Saglik | PairCorr |
| 0.83 | KCAER | Kocaer Celik Sanayi Split | PairCorr |
| 0.68 | BMSTL | Bms Birlesik Metal Split | PairCorr |
| 0.86 | ADESE | Adese Gayrimenkul Yatirim | PairCorr |
| 0.93 | EKGYO | Emlak Konut Gayrimenkul | PairCorr |
| 0.64 | GLBMD | Global Menkul Degerler | PairCorr |
| 0.75 | GENTS | Gentas Genel Metal | PairCorr |
| 0.84 | PLTUR | Platform Turizm Tasi | PairCorr |
| 0.81 | LKMNH | Lokman Hekim Engurusag | PairCorr |
Moving against Bera Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Bera Stock performing well and Bera Holding 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 Bera Holding'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 | 1.55 | (0.03) | 0.00 | (0.06) | 0.00 | 3.02 | 7.98 | |||
| ALARK | 1.53 | (0.02) | (0.01) | 0.00 | 1.89 | 3.24 | 9.93 | |||
| KONTR | 2.28 | (0.13) | 0.00 | (0.35) | 0.00 | 4.62 | 16.21 | |||
| DOHOL | 1.60 | (0.01) | (0.01) | 0.00 | 2.01 | 2.87 | 9.37 | |||
| ECZYT | 1.59 | (0.01) | 0.00 | 0.09 | 0.00 | 4.25 | 13.76 | |||
| BERA | 1.91 | (0.09) | 0.00 | (0.17) | 0.00 | 3.47 | 10.86 | |||
| ZEDUR | 1.69 | (0.15) | 0.00 | (1.17) | 0.00 | 3.33 | 10.37 | |||
| IHLAS | 4.76 | 1.82 | 0.36 | 1.04 | 3.63 | 9.93 | 19.92 | |||
| MZHLD | 1.86 | (0.04) | 0.00 | (0.13) | 0.00 | 2.90 | 12.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bera Holding 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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Bera Holding Corporate Management
Elected by the shareholders, the Bera Holding's board of directors comprises two types of representatives: Bera Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bera. The board's role is to monitor Bera Holding's management team and ensure that shareholders' interests are well served. Bera Holding'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, Bera Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mahmut Demircan | Ma Relations | Profile | |
| Faruk Gnes | Director Fin | Profile | |
| Muzaffer Aydemir | Member of the Board | Profile | |
| Esat Sahin | Member of the Board | Profile | |
| Erol Kaya | Member of the Board | Profile | |
| Mustafa Bezirci | Independent Member of the Board | Profile |