BIM Birlesik Correlations
| BIMAS Stock | TRY 455.25 41.25 9.96% |
The current 90-days correlation between BIM Birlesik Magazalar and Eregli Demir ve is -0.07 (i.e., Good diversification). The correlation of BIM Birlesik 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.
BIM Birlesik Correlation With Market
Good diversification
The correlation between BIM Birlesik Magazalar and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BIM Birlesik Magazalar and DJI in the same portfolio, assuming nothing else is changed.
BIM |
The ability to find closely correlated positions to BIM Birlesik could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BIM Birlesik 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 BIM Birlesik - 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 BIM Birlesik Magazalar to buy it.
Moving against BIM Stock
Related Correlations Analysis
| 0.39 | 0.77 | 0.56 | 0.69 | EREGL | ||
| 0.39 | 0.7 | 0.36 | 0.84 | TUPRS | ||
| 0.77 | 0.7 | 0.34 | 0.92 | SISE | ||
| 0.56 | 0.36 | 0.34 | 0.42 | FROTO | ||
| 0.69 | 0.84 | 0.92 | 0.42 | KCHOL | ||
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Risk-Adjusted Indicators
There is a big difference between BIM Stock performing well and BIM Birlesik 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 BIM Birlesik'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EREGL | 1.70 | (0.13) | 0.00 | (0.50) | 0.00 | 3.96 | 17.69 | |||
| TUPRS | 1.37 | (0.07) | 0.00 | 0.18 | 0.00 | 2.86 | 11.14 | |||
| SISE | 1.55 | (0.19) | 0.00 | 6.45 | 0.00 | 3.48 | 15.99 | |||
| FROTO | 1.37 | 0.17 | 0.08 | 3.83 | 1.88 | 3.95 | 10.41 | |||
| KCHOL | 1.73 | (0.10) | 0.00 | 1.34 | 0.00 | 4.80 | 16.32 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BIM Birlesik 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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BIM Birlesik Corporate Management
Elected by the shareholders, the BIM Birlesik's board of directors comprises two types of representatives: BIM Birlesik inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BIM. The board's role is to monitor BIM Birlesik's management team and ensure that shareholders' interests are well served. BIM Birlesik'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, BIM Birlesik's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Serkan Savas | Reporting and Investor Relations Manager | Profile | |
| Paul Foley | Independent Member of Board of Director | Profile | |
| Murat Dalgic | Operation Committee Member | Profile | |
| Galip Ayka | Chief Officer | Profile |