Halyk Bank Correlations

HSBK Stock

21.30 0.24 1.11%

The current 90-days correlation between Halyk Bank and New Residential Investment is 0.3 (i.e., Weak diversification). The correlation of Halyk Bank 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.

Halyk Bank Correlation With Market

Good diversification

The correlation between Halyk Bank of 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 Halyk Bank of and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Halyk Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Halyk Bank 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 Halyk Bank - 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 Halyk Bank of to buy it.

Moving against Halyk Stock

0.55	0R2V	Apple Inc	Pair Corr
0.45	SBID	State Bank	Pair Corr
0.39	TYT	Toyota Motor Corp	Pair Corr
0.39	0R15	SoftBank Group Corp	Pair Corr

Related Correlations Analysis

	EDIN	EGL	0K76	GAW	PTEC	CNC	S247	0L3H
EDIN		0.72	0.85	0.7	0.77	0.83	-0.57	-0.45	EDIN
EGL	0.72		0.82	0.69	0.65	0.73	-0.74	-0.21	EGL
0K76	0.85	0.82		0.79	0.71	0.81	-0.77	-0.44	0K76
GAW	0.7	0.69	0.79		0.73	0.87	-0.82	-0.16	GAW
PTEC	0.77	0.65	0.71	0.73		0.76	-0.6	-0.15	PTEC
CNC	0.83	0.73	0.81	0.87	0.76		-0.73	-0.23	CNC
S247	-0.57	-0.74	-0.77	-0.82	-0.6	-0.73		0.1	S247
0L3H	-0.45	-0.21	-0.44	-0.16	-0.15	-0.23	0.1		0L3H
	EDIN	EGL	0K76	GAW	PTEC	CNC	S247	0L3H

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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

CNC	+ 0.87	GAW
0K76	+ 0.85	EDIN
CNC	+ 0.83	EDIN
0K76	+ 0.82	EGL
CNC	+ 0.81	0K76
GAW	+ 0.79	0K76

High negative correlations

S247	- 0.82	GAW
S247	- 0.77	0K76
S247	- 0.74	EGL
S247	- 0.73	CNC
S247	- 0.6	PTEC
S247	- 0.57	EDIN

Risk-Adjusted Indicators

There is a big difference between Halyk Stock performing well and Halyk Bank 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 Halyk Bank'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
EDIN	0.57	0.01	0.09	(0.03)	0.65	(0.67)	1.09	(1.21)	3.34
EGL	0.92	0.16	0.19	(1.73)	0.93	(1.15)	2.18	(1.32)	7.98
0K76	0.97	0.14	0.15	0.26	1.03	(1.19)	2.65	(1.74)	6.43
GAW	1.20	0.19	0.11	0.14	1.56	(1.26)	2.89	(2.86)	8.26
PTEC	0.88	0.04	0.08	0.07	1.00	(1.03)	1.96	(1.78)	5.70
CNC	1.84	0.28	0.14	0.54	1.80	(2.69)	4.17	(3.47)	17.79
S247	1.83	(0.45)	0.00	(7.20)	0.00	0.00	1.53	(4.40)	25.64
0L3H	1.03	(0.06)	0.00	0.25	0.00	0.00	1.56	(2.09)	6.94

Be your own money manager

Our tools can tell you how much better you can do entering a position in Halyk Bank 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.

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Halyk Bank Corporate Management

Elected by the shareholders, the Halyk Bank's board of directors comprises two types of representatives: Halyk Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Halyk. The board's role is to monitor Halyk Bank's management team and ensure that shareholders' interests are well served. Halyk Bank'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, Halyk Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.

Pavel Cheussov	Chief Accountant	Profile
Olga Vuros	Member Banking	Profile
CFA CFA	Sub, Fin	Profile
Yertay Salimov	Treasury, Ops	Profile
Nariman Mukushev	Ecosystem Services	Profile
Zhumabek Mamutov	Deputy Collection	Profile
Andrey Zavarzin	Deputy Board	Profile

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