Sekerbank TAS Correlations
| SKBNK Stock | TRY 3.95 0.36 8.35% |
The current 90-days correlation between Sekerbank TAS and Turkiye Sinai Kalkinma is 0.36 (i.e., Weak diversification). The correlation of Sekerbank TAS 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.
Sekerbank TAS Correlation With Market
Very good diversification
The correlation between Sekerbank TAS and DJI is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sekerbank TAS and DJI in the same portfolio, assuming nothing else is changed.
Sekerbank |
The ability to find closely correlated positions to Sekerbank TAS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sekerbank TAS 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 Sekerbank TAS - 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 Sekerbank TAS to buy it.
Moving together with Sekerbank Stock
| 0.89 | KCAER | Kocaer Celik Sanayi | PairCorr |
| 0.81 | CMENT | Cimentas Izmir Cimento | PairCorr |
| 0.77 | SNPAM | Sonmez Pamuklu Sanayii | PairCorr |
Related Correlations Analysis
| 0.79 | 0.09 | 0.48 | 0.71 | TSKB | ||
| 0.79 | 0.28 | 0.58 | 0.69 | YKBNK | ||
| 0.09 | 0.28 | 0.59 | 0.54 | KRDMD | ||
| 0.48 | 0.58 | 0.59 | 0.83 | ISCTR | ||
| 0.71 | 0.69 | 0.54 | 0.83 | EKGYO | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Sekerbank Stock performing well and Sekerbank TAS 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 Sekerbank TAS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TSKB | 1.60 | (0.17) | 0.00 | (4.11) | 0.00 | 3.41 | 15.09 | |||
| YKBNK | 1.86 | (0.11) | 0.00 | (1.63) | 0.00 | 3.85 | 18.37 | |||
| KRDMD | 1.82 | 0.19 | 0.10 | 4.85 | 2.43 | 4.27 | 18.94 | |||
| ISCTR | 1.61 | 0.05 | 0.04 | 0.27 | 2.64 | 3.77 | 15.06 | |||
| EKGYO | 2.05 | 0.03 | 0.03 | 0.11 | 3.09 | 3.93 | 17.49 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sekerbank TAS 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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Sekerbank TAS Corporate Management
Elected by the shareholders, the Sekerbank TAS's board of directors comprises two types of representatives: Sekerbank TAS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sekerbank. The board's role is to monitor Sekerbank TAS's management team and ensure that shareholders' interests are well served. Sekerbank TAS'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, Sekerbank TAS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Huseyin Ust | Ex Loans | Profile | |
| Ulf Wokurka | Independent Member of the Board | Profile | |
| Erdal Batmaz | Executive Member of the Board | Profile | |
| Fatin Karakas | Vice General Manager - Retail Credit Management | Profile | |
| Nihat Buyukbozkoyun | Vice General Manager - Operations | Profile | |
| Uzeyir Baysal | Independent Member of the Board | Profile |