GEK TERNA Correlations
| GEKTERNA | EUR 19.04 0.32 1.71% |
The current 90-days correlation between GEK TERNA Holdings and Mytilineos SA is 0.47 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GEK TERNA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GEK TERNA Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
GEK TERNA Correlation With Market
Good diversification
The correlation between GEK TERNA Holdings and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GEK TERNA Holdings and DJI in the same portfolio, assuming nothing else is changed.
GEK |
The ability to find closely correlated positions to GEK TERNA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GEK TERNA 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 GEK TERNA - 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 GEK TERNA Holdings to buy it.
Moving together with GEK Stock
Related Correlations Analysis
| 0.55 | 0.85 | 0.74 | 0.66 | MYTIL | ||
| 0.55 | 0.58 | 0.47 | 0.47 | TENERGY | ||
| 0.85 | 0.58 | 0.73 | 0.75 | OPAP | ||
| 0.74 | 0.47 | 0.73 | 0.87 | MOH | ||
| 0.66 | 0.47 | 0.75 | 0.87 | ELPE | ||
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Risk-Adjusted Indicators
There is a big difference between GEK Stock performing well and GEK TERNA 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 GEK TERNA'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MYTIL | 1.08 | 0.24 | 0.18 | (13.39) | 1.06 | 2.79 | 6.78 | |||
| TENERGY | 0.31 | 0.01 | 0.02 | (0.20) | 0.39 | 0.80 | 3.75 | |||
| OPAP | 0.97 | 0.21 | 0.18 | 0.88 | 0.83 | 2.43 | 4.65 | |||
| MOH | 1.02 | 0.16 | 0.13 | (0.61) | 1.00 | 2.58 | 7.08 | |||
| ELPE | 0.79 | 0.16 | 0.17 | (1.19) | 0.75 | 1.82 | 6.10 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in GEK TERNA 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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GEK TERNA Corporate Management
Elected by the shareholders, the GEK TERNA's board of directors comprises two types of representatives: GEK TERNA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GEK. The board's role is to monitor GEK TERNA's management team and ensure that shareholders' interests are well served. GEK TERNA'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, GEK TERNA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nikolaos Valmas | Chief Accountant | Profile | |
| Dimitra Chatziarseniou | Company Service | Profile | |
| Georgios Peristeris | CEO Chairman | Profile | |
| Georgios Perdikaris | Ex Director | Profile | |
| Dimitrios Antonakos | Ex Director | Profile | |
| Michael Gourzis | Ex Chairman | Profile | |
| Emmanuel Moustakas | Ex Director | Profile |