Gubre Fabrikalari Correlations
| GUBRF Stock | TRY 278.75 2.25 0.80% |
The current 90-days correlation between Gubre Fabrikalari TAS and Dogus Otomotiv Servis is 0.24 (i.e., Modest diversification). The correlation of Gubre Fabrikalari 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.
Gubre Fabrikalari Correlation With Market
Significant diversification
The correlation between Gubre Fabrikalari TAS and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gubre Fabrikalari TAS and DJI in the same portfolio, assuming nothing else is changed.
Gubre |
The ability to find closely correlated positions to Gubre Fabrikalari could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gubre Fabrikalari 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 Gubre Fabrikalari - 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 Gubre Fabrikalari TAS to buy it.
Moving together with Gubre Stock
| 0.91 | YESIL | Yesil Yatirim Holding | PairCorr |
| 0.61 | KENT | Kent Gida Maddeleri | PairCorr |
| 0.7 | VKFYO | Vakif Menkul Kiymet | PairCorr |
| 0.82 | TRCAS | Turcas Petrol AS | PairCorr |
| 0.68 | KOZAA | Koza Anadolu Metal | PairCorr |
| 0.85 | GWIND | Galata Wind Enerji | PairCorr |
| 0.87 | ADESE | Adese Gayrimenkul Yatirim | PairCorr |
| 0.67 | AKBNK | Akbank TAS | PairCorr |
| 0.85 | EKGYO | Emlak Konut Gayrimenkul | PairCorr |
| 0.65 | ALFAS | Alfas Solar Enerji | PairCorr |
| 0.93 | KCAER | Kocaer Celik Sanayi Split | PairCorr |
| 0.97 | GENTS | Gentas Genel Metal | PairCorr |
| 0.77 | ENKAI | ENKA Insaat ve | PairCorr |
| 0.89 | BMSTL | Bms Birlesik Metal Split | PairCorr |
| 0.63 | GARAN | Turkiye Garanti Bankasi | PairCorr |
| 0.92 | PLTUR | Platform Turizm Tasi | PairCorr |
| 0.88 | GLBMD | Global Menkul Degerler | PairCorr |
| 0.94 | MACKO | Mackolik Internet | PairCorr |
| 0.66 | KCHOL | Koc Holding AS | PairCorr |
| 0.93 | EGEPO | Nasmed Ozel Saglik | PairCorr |
| 0.89 | PENGD | Penguen Gida Sanayi | PairCorr |
| 0.9 | RYSAS | Reysas Tasimacilik | PairCorr |
| 0.61 | LKMNH | Lokman Hekim Engurusag | PairCorr |
Moving against Gubre Stock
Related Correlations Analysis
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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 Gubre Stock performing well and Gubre Fabrikalari 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 Gubre Fabrikalari'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 | |||
| 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 |
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Gubre Fabrikalari Corporate Management
Elected by the shareholders, the Gubre Fabrikalari's board of directors comprises two types of representatives: Gubre Fabrikalari inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gubre. The board's role is to monitor Gubre Fabrikalari's management team and ensure that shareholders' interests are well served. Gubre Fabrikalari'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, Gubre Fabrikalari's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mahmut Karaman | Deputy General Manager of Facilities and Investments | Profile | |
| Huseyin Bagriyanik | Deputy Fin | Profile | |
| Mesud Senkardesler | Deputy Chain | Profile | |
| Muhammed Unal | Sales Fin | Profile | |
| Aytac Onkun | GM Director | Profile |