Zedur Enerji Correlations
| ZEDUR Stock | 7.88 0.03 0.38% |
The current 90-days correlation between Zedur Enerji Elektrik and Gentas Genel Metal is 0.49 (i.e., Very weak diversification). The correlation of Zedur Enerji 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.
Zedur Enerji Correlation With Market
Significant diversification
The correlation between Zedur Enerji Elektrik 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 Zedur Enerji Elektrik and DJI in the same portfolio, assuming nothing else is changed.
Zedur |
The ability to find closely correlated positions to Zedur Enerji could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zedur Enerji 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 Zedur Enerji - 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 Zedur Enerji Elektrik to buy it.
Moving together with Zedur Stock
| 0.77 | ALARK | Alarko Holding AS | PairCorr |
| 0.77 | DOHOL | Dogan Sirketler Grubu | PairCorr |
| 0.76 | ECZYT | Eczacibasi Yatirim | PairCorr |
| 0.78 | BERA | Bera Holding AS | PairCorr |
| 0.71 | MZHLD | Mazhar Zorlu Holding | PairCorr |
| 0.64 | EGEEN | Ege Endustri ve | PairCorr |
| 0.76 | FMIZP | Federal Mogul Izmit | PairCorr |
| 0.66 | EREGL | Eregli Demir ve Split | PairCorr |
| 0.7 | TBORG | Turk Tuborg Bira | PairCorr |
| 0.77 | KOZAA | Koza Anadolu Metal | PairCorr |
| 0.69 | PENGD | Penguen Gida Sanayi | PairCorr |
| 0.64 | EGEPO | Nasmed Ozel Saglik | PairCorr |
| 0.68 | KCAER | Kocaer Celik Sanayi Split | PairCorr |
| 0.73 | EKGYO | Emlak Konut Gayrimenkul | PairCorr |
| 0.62 | PLTUR | Platform Turizm Tasi | PairCorr |
| 0.74 | SILVR | Silverline Endustri | PairCorr |
| 0.7 | LKMNH | Lokman Hekim Engurusag | PairCorr |
Related Correlations Analysis
| 0.71 | 0.72 | 0.67 | 0.74 | POLTK | ||
| 0.71 | 0.77 | 0.91 | 0.75 | GENTS | ||
| 0.72 | 0.77 | 0.79 | 0.82 | THYAO | ||
| 0.67 | 0.91 | 0.79 | 0.67 | AKCNS | ||
| 0.74 | 0.75 | 0.82 | 0.67 | KOZAA | ||
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Risk-Adjusted Indicators
There is a big difference between Zedur Stock performing well and Zedur Enerji 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 Zedur Enerji'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| POLTK | 2.05 | 0.03 | 0.01 | 0.07 | 2.32 | 3.88 | 15.18 | |||
| GENTS | 1.56 | 0.23 | 0.09 | (1.08) | 1.98 | 3.27 | 10.09 | |||
| THYAO | 1.29 | (0.07) | 0.00 | (0.10) | 0.00 | 2.65 | 8.43 | |||
| AKCNS | 1.98 | 0.15 | 0.06 | 0.71 | 1.86 | 6.11 | 14.70 | |||
| KOZAA | 2.13 | (0.10) | 0.00 | (0.16) | 0.00 | 3.34 | 14.52 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Zedur Enerji 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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Zedur Enerji Corporate Management
Elected by the shareholders, the Zedur Enerji's board of directors comprises two types of representatives: Zedur Enerji inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zedur. The board's role is to monitor Zedur Enerji's management team and ensure that shareholders' interests are well served. Zedur Enerji'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, Zedur Enerji's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cengiz Aksoyer | G Mang | Profile | |
| Elvan Altuntas | Accounting Mang | Profile | |
| Zuhal Lk | F Mang | Profile | |
| Onan eltik | Investor Mang | Profile |