Jantsa Jant Correlations
| JANTS Stock | TRY 26.42 0.04 0.15% |
The current 90-days correlation between Jantsa Jant Sanayi and Akcansa Cimento Sanayi is 0.02 (i.e., Significant diversification). The correlation of Jantsa Jant 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.
Jantsa Jant Correlation With Market
Significant diversification
The correlation between Jantsa Jant Sanayi and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jantsa Jant Sanayi and DJI in the same portfolio, assuming nothing else is changed.
Jantsa |
The ability to find closely correlated positions to Jantsa Jant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jantsa Jant 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 Jantsa Jant - 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 Jantsa Jant Sanayi to buy it.
Moving against Jantsa Stock
| 0.5 | BRISA | Brisa Bridgestone Sabanci | PairCorr |
| 0.49 | ISYAT | Is Yatirim Ortakligi | PairCorr |
| 0.47 | CRDFA | Creditwest Faktoring | 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
|
Risk-Adjusted Indicators
There is a big difference between Jantsa Stock performing well and Jantsa Jant 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 Jantsa Jant'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AKCNS | 1.86 | 0.19 | 0.09 | (2.92) | 1.86 | 4.53 | 14.70 | |||
| MACKO | 1.60 | 0.58 | 0.30 | (18.94) | 1.43 | 3.77 | 12.29 | |||
| GSRAY | 1.58 | 0.00 | (0.01) | 0.01 | 1.72 | 3.05 | 9.81 | |||
| GENTS | 1.68 | 0.68 | 0.33 | (1.37) | 1.42 | 4.17 | 10.09 | |||
| ICBCT | 1.64 | 0.00 | 0.15 | 0.00 | 1.51 | 3.54 | 12.28 | |||
| POLTK | 2.06 | 0.14 | 0.06 | 0.31 | 2.20 | 4.01 | 15.18 | |||
| KOCMT | 1.58 | 0.36 | 0.10 | 0.79 | 2.43 | 3.62 | 18.37 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Jantsa Jant 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?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
| All Next | Launch Module |
Jantsa Jant Corporate Management
Elected by the shareholders, the Jantsa Jant's board of directors comprises two types of representatives: Jantsa Jant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jantsa. The board's role is to monitor Jantsa Jant's management team and ensure that shareholders' interests are well served. Jantsa Jant'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, Jantsa Jant's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cem Gumusok | Export Exhibitions | Profile | |
| Fsun Eleman | Accounting Mang | Profile | |
| Ufuk Gnl | Adm Mang | Profile | |
| Erkan erioglu | MD Director | Profile | |
| Sevgi Ercan | F Mang | Profile | |
| Tamer erioglu | Foreign Director | Profile | |
| Caglayan Seven | Acting Mang | Profile |