GSD Holding Correlations
| GSDHO Stock | TRY 3.91 0.01 0.26% |
The current 90-days correlation between GSD Holding AS and Turkiye Is Bankasi is 0.17 (i.e., Average diversification). The correlation of GSD Holding 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.
GSD Holding Correlation With Market
Significant diversification
The correlation between GSD Holding AS and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GSD Holding AS and DJI in the same portfolio, assuming nothing else is changed.
GSD |
The ability to find closely correlated positions to GSD Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GSD Holding 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 GSD Holding - 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 GSD Holding AS to buy it.
Moving together with GSD Stock
| 0.88 | CLEBI | Celebi Hava Servisi | PairCorr |
| 0.64 | TTRAK | Turk Traktor ve | PairCorr |
| 0.61 | THYAO | Turkish Airlines | PairCorr |
Related Correlations Analysis
| 0.47 | 0.37 | 0.03 | 0.36 | 0.46 | ISBTR | ||
| 0.47 | 0.85 | 0.71 | 0.83 | 0.97 | ISCTR | ||
| 0.37 | 0.85 | 0.73 | 0.84 | 0.89 | SAHOL | ||
| 0.03 | 0.71 | 0.73 | 0.73 | 0.69 | GARAN | ||
| 0.36 | 0.83 | 0.84 | 0.73 | 0.87 | HALKB | ||
| 0.46 | 0.97 | 0.89 | 0.69 | 0.87 | AKBNK | ||
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Risk-Adjusted Indicators
There is a big difference between GSD Stock performing well and GSD Holding 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 GSD Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ISBTR | 1.55 | (0.18) | 0.00 | (0.93) | 0.00 | 3.32 | 15.56 | |||
| ISCTR | 1.84 | (0.03) | 0.00 | (0.18) | 0.00 | 4.06 | 10.07 | |||
| SAHOL | 2.06 | (0.12) | 0.00 | (0.17) | 0.00 | 3.75 | 11.21 | |||
| GARAN | 1.87 | 0.00 | (0.02) | 0.11 | 2.17 | 4.16 | 9.49 | |||
| HALKB | 1.71 | (0.03) | (0.04) | 0.01 | 2.29 | 3.57 | 12.07 | |||
| AKBNK | 2.23 | (0.08) | 0.00 | (0.13) | 0.00 | 5.40 | 13.73 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in GSD Holding 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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GSD Holding Corporate Management
Elected by the shareholders, the GSD Holding's board of directors comprises two types of representatives: GSD Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GSD. The board's role is to monitor GSD Holding's management team and ensure that shareholders' interests are well served. GSD Holding'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, GSD Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sergen Yanar | Investor Mang | Profile | |
| Omer Ozgozukara | Independent Director | Profile | |
| Nilgn Abali | Acting Factoring | Profile | |
| Mustafa Yilmaz | Investor Mang | Profile | |
| Cezmi Ozturk | Non-Executive Member of the Board | Profile |