Galata Wind Correlations

GWIND Stock

TRY 25.00 0.30 1.21%

The current 90-days correlation between Galata Wind Enerji and Koza Anadolu Metal is 0.51 (i.e., Very weak diversification). The correlation of Galata Wind 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.

Galata Wind Correlation With Market

Good diversification

The correlation between Galata Wind Enerji and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Galata Wind Enerji and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Galata Stock

0.78	AKSEN	Aksa Enerji Uretim	Pair Corr
0.88	PAMEL	Pamel Yenilenebilir	Pair Corr
0.69	TLMAN	Trabzon Liman Isletm	Pair Corr
0.79	QNBFL	QNB Finans Finansal	Pair Corr
0.89	ESCOM	Escort Teknoloji Yatirim	Pair Corr

Moving against Galata Stock

0.39

DGGYO

Dogus Gayrimenkul Yatirim

Pair Corr

Related Correlations Analysis

	KOZAA	GENTS	MACKO	POLTK	CEOEM	QNBFB	KLNMA
KOZAA		0.72	0.67	0.34	-0.71	0.09	0.1	KOZAA
GENTS	0.72		0.67	0.42	-0.5	0.23	0.27	GENTS
MACKO	0.67	0.67		0.11	-0.78	-0.06	-0.01	MACKO
POLTK	0.34	0.42	0.11		-0.28	0.83	0.83	POLTK
CEOEM	-0.71	-0.5	-0.78	-0.28		-0.08	-0.04	CEOEM
QNBFB	0.09	0.23	-0.06	0.83	-0.08		0.94	QNBFB
KLNMA	0.1	0.27	-0.01	0.83	-0.04	0.94		KLNMA
	KOZAA	GENTS	MACKO	POLTK	CEOEM	QNBFB	KLNMA

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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

KLNMA	+ 0.94	QNBFB
QNBFB	+ 0.83	POLTK
KLNMA	+ 0.83	POLTK
GENTS	+ 0.72	KOZAA
MACKO	+ 0.67	KOZAA
MACKO	+ 0.67	GENTS

High negative correlations

CEOEM	- 0.78	MACKO
CEOEM	- 0.71	KOZAA
CEOEM	- 0.5	GENTS
CEOEM	- 0.28	POLTK
QNBFB	- 0.08	CEOEM
QNBFB	- 0.06	MACKO

Risk-Adjusted Indicators

There is a big difference between Galata Stock performing well and Galata Wind 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 Galata Wind'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
KOZAA	2.32	0.09	0.00	0.50	3.42	(2.19)	5.60	(5.43)	15.14
GENTS	1.71	(0.01)	(0.03)	0.10	2.15	(1.82)	3.15	(3.65)	15.73
MACKO	1.65	0.05	0.00	0.24	2.06	(1.82)	3.77	(3.51)	10.72
POLTK	1.96	(0.10)	0.00	(0.41)	0.00	0.00	3.62	(3.81)	15.38
CEOEM	3.58	(0.51)	0.00	(1.05)	0.00	0.00	8.02	(9.96)	19.76
QNBFB	2.44	0.15	0.00	(0.38)	2.67	(3.35)	8.91	(3.45)	19.94
KLNMA	1.57	0.07	(0.01)	0.48	1.69	(1.95)	4.11	(2.53)	15.22

Be your own money manager

Our tools can tell you how much better you can do entering a position in Galata Wind 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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Galata Wind Corporate Management

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

Ozlen Cendere	Member Officer	Profile
Burak Kuyan	Director CEO	Profile
Onur Aytekin	CFO Board	Profile
Mehmet Gurpinar	COO Director	Profile
Halide Yucel	Investor Director	Profile

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