Vakif Finansal Correlations
| VAKFN Stock | TRY 1.94 0.10 4.90% |
The current 90-days correlation between Vakif Finansal Kiralama and Cuhadaroglu Metal Sanayi is 0.31 (i.e., Weak diversification). The correlation of Vakif Finansal 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.
Vakif Finansal Correlation With Market
Average diversification
The correlation between Vakif Finansal Kiralama and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vakif Finansal Kiralama and DJI in the same portfolio, assuming nothing else is changed.
Vakif |
The ability to find closely correlated positions to Vakif Finansal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vakif Finansal 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 Vakif Finansal - 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 Vakif Finansal Kiralama to buy it.
Moving together with Vakif Stock
| 0.82 | ISFIN | Is Finansal Kiralama | PairCorr |
| 0.75 | ZOREN | Zorlu Enerji Elektrik | PairCorr |
| 0.75 | AYEN | Ayen Enerji AS | PairCorr |
| 0.73 | TRCAS | Turcas Petrol AS | PairCorr |
| 0.82 | GENTS | Gentas Genel Metal | PairCorr |
| 0.74 | PENGD | Penguen Gida Sanayi | PairCorr |
| 0.67 | LKMNH | Lokman Hekim Engurusag | PairCorr |
| 0.86 | ALFAS | Alfas Solar Enerji | PairCorr |
| 0.8 | GWIND | Galata Wind Enerji | PairCorr |
| 0.78 | EKGYO | Emlak Konut Gayrimenkul | PairCorr |
| 0.73 | PLTUR | Platform Turizm Tasi | PairCorr |
| 0.74 | KENT | Kent Gida Maddeleri | PairCorr |
| 0.69 | ADESE | Adese Gayrimenkul Yatirim | PairCorr |
| 0.63 | BMSTL | Bms Birlesik Metal Split | PairCorr |
| 0.65 | SILVR | Silverline Endustri | PairCorr |
| 0.82 | KCAER | Kocaer Celik Sanayi Split | PairCorr |
| 0.65 | KOZAA | Koza Anadolu Metal | PairCorr |
| 0.71 | RYSAS | Reysas Tasimacilik | PairCorr |
| 0.86 | EGEPO | Nasmed Ozel Saglik | PairCorr |
| 0.72 | MACKO | Mackolik Internet | PairCorr |
| 0.7 | GLBMD | Global Menkul Degerler | PairCorr |
| 0.67 | ENKAI | ENKA Insaat ve | PairCorr |
Moving against Vakif Stock
Related Correlations Analysis
| 0.77 | 0.7 | 0.34 | 0.64 | 0.15 | CRDFA | ||
| 0.77 | 0.72 | 0.6 | 0.76 | 0.58 | KOZAA | ||
| 0.7 | 0.72 | 0.52 | 0.81 | 0.11 | BMSTL | ||
| 0.34 | 0.6 | 0.52 | 0.61 | 0.54 | CUSAN | ||
| 0.64 | 0.76 | 0.81 | 0.61 | 0.35 | ICBCT | ||
| 0.15 | 0.58 | 0.11 | 0.54 | 0.35 | MEGMT | ||
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Risk-Adjusted Indicators
There is a big difference between Vakif Stock performing well and Vakif Finansal 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 Vakif Finansal'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CRDFA | 2.56 | 0.03 | 0.00 | 0.39 | 3.22 | 6.23 | 18.15 | |||
| KOZAA | 2.13 | (0.10) | 0.00 | (0.16) | 0.00 | 3.34 | 14.52 | |||
| BMSTL | 1.53 | 0.21 | 0.08 | 0.73 | 2.14 | 2.20 | 16.27 | |||
| CUSAN | 1.73 | 0.35 | 0.14 | (0.82) | 1.96 | 5.23 | 9.59 | |||
| ICBCT | 1.70 | 0.08 | 0.03 | 1.26 | 1.86 | 3.54 | 12.28 | |||
| MEGMT | 1.85 | (0.20) | 0.00 | (1.09) | 0.00 | 3.56 | 10.13 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vakif Finansal 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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Vakif Finansal Corporate Management
Elected by the shareholders, the Vakif Finansal's board of directors comprises two types of representatives: Vakif Finansal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vakif. The board's role is to monitor Vakif Finansal's management team and ensure that shareholders' interests are well served. Vakif Finansal'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, Vakif Finansal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sedat Taskin | Credit Mang | Profile | |
| Asli Kekec | Ma Relations | Profile | |
| Telat Karapinar | Member of the Board | Profile | |
| Tolga Ayaz | Ma Insurance | Profile | |
| Ebru Kurultay | HR Mang | Profile |