Is Gayrimenkul Correlations

ISGYO Stock

TRY 19.42 0.74 3.67%

The current 90-days correlation between Is Gayrimenkul Yatirim and Silverline Endustri ve is -0.08 (i.e., Good diversification). The correlation of Is Gayrimenkul 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.

Is Gayrimenkul Correlation With Market

Average diversification

The correlation between Is Gayrimenkul Yatirim and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Is Gayrimenkul Yatirim and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with ISGYO Stock

0.83	YESIL	Yesil Yatirim Holding	Pair Corr
0.83	VKFYO	Vakif Menkul Kiymet	Pair Corr
0.71	GWIND	Galata Wind Enerji	Pair Corr
0.66	SILVR	Silverline Endustri	Pair Corr
0.8	KCHOL	Koc Holding AS	Pair Corr
0.91	PLTUR	Platform Turizm Tasi	Pair Corr
0.93	MACKO	Mackolik Internet	Pair Corr
0.93	EGEPO	Nasmed Ozel Saglik	Pair Corr
0.86	KCAER	Kocaer Celik Sanayi Split	Pair Corr
0.92	EKGYO	Emlak Konut Gayrimenkul	Pair Corr
0.89	BMSTL	Bms Birlesik Metal Split	Pair Corr
0.87	GENTS	Gentas Genel Metal	Pair Corr
0.88	PENGD	Penguen Gida Sanayi	Pair Corr
0.85	KOZAA	Koza Anadolu Metal	Pair Corr
0.64	TRCAS	Turcas Petrol AS	Pair Corr
0.72	LKMNH	Lokman Hekim Engurusag	Pair Corr
0.84	ADESE	Adese Gayrimenkul Yatirim	Pair Corr
0.72	AKBNK	Akbank TAS	Pair Corr
0.87	RYSAS	Reysas Tasimacilik	Pair Corr
0.77	ENKAI	ENKA Insaat ve	Pair Corr
0.62	GARAN	Turkiye Garanti Bankasi	Pair Corr
0.84	GLBMD	Global Menkul Degerler	Pair Corr

Moving against ISGYO Stock

0.79	BURVA	Burcelik Vana Sanayi	Pair Corr
0.36	ARASE	Dogu Aras Enerji	Pair Corr

Related Correlations Analysis

	QNBTR	SILVR	CUSAN	KOZAA	BMSTL	EDATA	THYAO	AKBNK
QNBTR		0.03	-0.1	-0.03	-0.57	0.7	0.05	0.07	QNBTR
SILVR	0.03		0.4	0.65	0.46	0.32	0.66	0.5	SILVR
CUSAN	-0.1	0.4		0.6	0.52	0.25	0.65	0.62	CUSAN
KOZAA	-0.03	0.65	0.6		0.72	0.4	0.82	0.79	KOZAA
BMSTL	-0.57	0.46	0.52	0.72		-0.16	0.63	0.64	BMSTL
EDATA	0.7	0.32	0.25	0.4	-0.16		0.5	0.48	EDATA
THYAO	0.05	0.66	0.65	0.82	0.63	0.5		0.75	THYAO
AKBNK	0.07	0.5	0.62	0.79	0.64	0.48	0.75		AKBNK
	QNBTR	SILVR	CUSAN	KOZAA	BMSTL	EDATA	THYAO	AKBNK

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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

THYAO	+ 0.82	KOZAA
AKBNK	+ 0.79	KOZAA
AKBNK	+ 0.75	THYAO
BMSTL	+ 0.72	KOZAA
EDATA	+ 0.7	QNBTR
THYAO	+ 0.66	SILVR

High negative correlations

BMSTL	- 0.57	QNBTR
EDATA	- 0.16	BMSTL
CUSAN	- 0.1	QNBTR
KOZAA	- 0.03	QNBTR

Risk-Adjusted Indicators

There is a big difference between ISGYO Stock performing well and Is Gayrimenkul 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 Is Gayrimenkul'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
QNBTR	1.52	(0.22)	0.00	1.59	0.00	0.00	3.61	(3.23)	10.68
SILVR	2.42	0.06	0.01	(0.12)	2.83	(2.92)	5.96	(5.53)	16.77
CUSAN	1.73	0.35	0.14	(0.82)	1.96	(1.93)	5.23	(3.17)	9.59
KOZAA	2.13	(0.10)	0.00	(0.16)	0.00	0.00	3.34	(4.95)	14.52
BMSTL	1.53	0.21	0.08	0.73	2.14	(1.54)	2.20	(3.06)	16.27
EDATA	1.81	(0.41)	0.00	(12.38)	0.00	0.00	3.31	(4.42)	9.90
THYAO	1.29	(0.07)	0.00	(0.10)	0.00	0.00	2.65	(2.55)	8.43
AKBNK	2.16	0.01	0.00	0.03	2.93	(2.19)	5.43	(5.82)	12.57

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Our tools can tell you how much better you can do entering a position in Is Gayrimenkul 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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Is Gayrimenkul Corporate Management

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

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