Berkosan Yalitim Correlations

BRKSN Stock

TRY 23.10 0.32 1.37%

The current 90-days correlation between Berkosan Yalitim and Creditwest Faktoring AS is 0.25 (i.e., Modest diversification). The correlation of Berkosan Yalitim 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.

Berkosan Yalitim Correlation With Market

Modest diversification

The correlation between Berkosan Yalitim ve and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Berkosan Yalitim ve and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Berkosan Stock

0.73	TUPRS	Turkiye Petrol Rafin	Pair Corr
0.65	SISE	Turkiye Sise ve	Pair Corr
0.81	TTKOM	Turk Telekomunikasyon	Pair Corr
0.75	TOASO	Tofas Turk Otomobil	Pair Corr

Moving against Berkosan Stock

0.37

ISDMR

Iskenderun Demir

Pair Corr

Related Correlations Analysis

	GENTS	BMSTL	ICBCT	CRDFA	GSRAY	MACKO	TSPOR	AKCNS
GENTS		0.49	0.76	0.78	0.38	0.72	0.17	0.64	GENTS
BMSTL	0.49		0.57	0.78	-0.04	0.81	-0.24	0.6	BMSTL
ICBCT	0.76	0.57		0.67	0.25	0.82	-0.03	0.65	ICBCT
CRDFA	0.78	0.78	0.67		0.27	0.84	0.06	0.61	CRDFA
GSRAY	0.38	-0.04	0.25	0.27		0.18	0.77	0.15	GSRAY
MACKO	0.72	0.81	0.82	0.84	0.18		-0.11	0.68	MACKO
TSPOR	0.17	-0.24	-0.03	0.06	0.77	-0.11		-0.07	TSPOR
AKCNS	0.64	0.6	0.65	0.61	0.15	0.68	-0.07		AKCNS
	GENTS	BMSTL	ICBCT	CRDFA	GSRAY	MACKO	TSPOR	AKCNS

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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

MACKO	+ 0.84	CRDFA
MACKO	+ 0.82	ICBCT
MACKO	+ 0.81	BMSTL
CRDFA	+ 0.78	GENTS
CRDFA	+ 0.78	BMSTL
TSPOR	+ 0.77	GSRAY

High negative correlations

TSPOR	- 0.24	BMSTL
TSPOR	- 0.11	MACKO
AKCNS	- 0.07	TSPOR
GSRAY	- 0.04	BMSTL
TSPOR	- 0.03	ICBCT

Risk-Adjusted Indicators

There is a big difference between Berkosan Stock performing well and Berkosan Yalitim 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 Berkosan Yalitim'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
GENTS	1.65	0.09	0.02	0.27	1.97	(1.81)	3.15	(3.65)	15.73
BMSTL	1.56	0.15	0.03	0.47	2.34	(1.52)	2.20	(4.08)	16.27
ICBCT	1.56	0.11	0.01	0.57	1.65	(1.75)	3.37	(2.70)	9.04
CRDFA	2.21	0.58	0.16	(1.51)	2.12	(2.53)	6.23	(4.40)	10.53
GSRAY	1.80	(0.20)	0.00	(1.02)	0.00	0.00	3.09	(2.86)	14.59
MACKO	1.58	0.31	0.14	0.79	1.48	(1.87)	3.77	(2.17)	10.72
TSPOR	2.23	(0.63)	0.00	2.33	0.00	0.00	4.55	(4.95)	10.33
AKCNS	1.74	0.07	(0.01)	0.40	1.70	(2.23)	4.53	(2.81)	14.28

Be your own money manager

Our tools can tell you how much better you can do entering a position in Berkosan Yalitim 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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Berkosan Yalitim Corporate Management

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

Meltem Vanli	Member of the Board	Profile
Ali Tzngven	F Mang	Profile
Mehmet Aldikacti	Chairman Coordinator	Profile
Zafer Tire	Financial Mang	Profile
Candan Tanrisever	HR Mang	Profile

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