Celik Halat Correlations
| CELHA Stock | TRY 22.18 0.82 3.57% |
The current 90-days correlation between Celik Halat ve and Bosch Fren Sistemleri is 0.14 (i.e., Average diversification). The correlation of Celik Halat 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.
Celik Halat Correlation With Market
Very good diversification
The correlation between Celik Halat ve and DJI is -0.26 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Celik Halat ve and DJI in the same portfolio, assuming nothing else is changed.
Celik |
The ability to find closely correlated positions to Celik Halat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celik Halat 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 Celik Halat - 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 Celik Halat ve to buy it.
Moving together with Celik Stock
Moving against Celik Stock
| 0.35 | PKENT | Petrokent Turizm | PairCorr |
| 0.56 | RYSAS | Reysas Tasimacilik | PairCorr |
| 0.53 | FROTO | Ford Otomotiv Sanayi | PairCorr |
| 0.51 | BMSTL | Bms Birlesik Metal Split | PairCorr |
| 0.49 | ENKAI | ENKA Insaat ve | PairCorr |
| 0.41 | MACKO | Mackolik Internet | PairCorr |
| 0.39 | GLBMD | Global Menkul Degerler | PairCorr |
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
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Risk-Adjusted Indicators
There is a big difference between Celik Stock performing well and Celik Halat 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 Celik Halat'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EGEEN | 1.85 | (0.13) | 0.00 | (0.11) | 0.00 | 4.35 | 14.68 | |||
| BFREN | 1.63 | (0.11) | 0.00 | 0.36 | 0.00 | 4.81 | 13.56 | |||
| DOAS | 1.29 | (0.17) | 0.00 | (0.30) | 0.00 | 2.77 | 8.41 | |||
| NUHCM | 2.08 | 0.19 | 0.07 | (0.75) | 2.17 | 4.60 | 16.98 | |||
| FMIZP | 1.86 | (0.01) | (0.01) | (0.01) | 2.22 | 4.43 | 13.74 | |||
| EREGL | 1.42 | 0.02 | 0.00 | 0.07 | 1.64 | 3.19 | 7.76 | |||
| ISDMR | 1.47 | 0.23 | 0.13 | 0.92 | 1.38 | 3.69 | 11.96 | |||
| TBORG | 2.57 | 0.06 | 0.01 | 0.46 | 3.23 | 7.11 | 19.98 | |||
| CCOLA | 1.88 | (0.07) | 0.00 | (0.23) | 0.00 | 4.46 | 9.43 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Celik Halat 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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Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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Celik Halat Corporate Management
Elected by the shareholders, the Celik Halat's board of directors comprises two types of representatives: Celik Halat inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Celik. The board's role is to monitor Celik Halat's management team and ensure that shareholders' interests are well served. Celik Halat'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, Celik Halat's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sait Gokdemir | Vice General Manager - Financial Affairs | Profile | |
| Aygen Ayozger | Member of the Board | Profile | |
| Serdar Seylam | CEO MD | Profile | |
| Selma Uyguc | Member of the Board | Profile | |
| Salih Turktan | Non-Executive Independent Member of the Board | Profile | |
| Murat Dogu | Member of the Board | Profile |