Ihlas Yayin Correlations
| IHYAY Stock | TRY 3.31 0.03 0.90% |
The current 90-days correlation between Ihlas Yayin Holding and Gentas Genel Metal is 0.11 (i.e., Average diversification). The correlation of Ihlas Yayin 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.
Ihlas Yayin Correlation With Market
Good diversification
The correlation between Ihlas Yayin Holding and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ihlas Yayin Holding and DJI in the same portfolio, assuming nothing else is changed.
Ihlas |
The ability to find closely correlated positions to Ihlas Yayin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ihlas Yayin 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 Ihlas Yayin - 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 Ihlas Yayin Holding to buy it.
Moving against Ihlas Stock
| 0.88 | TURSG | Turkiye Sigorta AS | PairCorr |
| 0.87 | ISFIN | Is Finansal Kiralama | PairCorr |
| 0.73 | ASELS | Aselsan Elektronik Sanayi | PairCorr |
| 0.71 | TCELL | Turkcell Iletisim | PairCorr |
| 0.68 | ISMEN | Is Yatirim Menkul | PairCorr |
| 0.53 | TSKB | Turkiye Sinai Kalkinma | PairCorr |
Related Correlations Analysis
| 0.64 | 0.46 | 0.94 | 0.7 | 0.46 | GENTS | ||
| 0.64 | 0.48 | 0.74 | 0.82 | 0.65 | BMSTL | ||
| 0.46 | 0.48 | 0.48 | 0.33 | 0.38 | KOCMT | ||
| 0.94 | 0.74 | 0.48 | 0.73 | 0.48 | BORLS | ||
| 0.7 | 0.82 | 0.33 | 0.73 | 0.69 | KOZAA | ||
| 0.46 | 0.65 | 0.38 | 0.48 | 0.69 | POLTK | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Ihlas Stock performing well and Ihlas Yayin 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 Ihlas Yayin'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 | 2.01 | 0.72 | 0.29 | (15.69) | 1.76 | 4.39 | 13.40 | |||
| BMSTL | 1.99 | 0.42 | 0.13 | 0.90 | 2.57 | 6.68 | 19.98 | |||
| KOCMT | 1.62 | (0.05) | 0.00 | (0.24) | 0.00 | 3.05 | 15.49 | |||
| BORLS | 1.85 | 0.88 | 0.42 | (7.66) | 1.27 | 4.54 | 11.16 | |||
| KOZAA | 1.81 | 0.34 | 0.14 | 0.51 | 2.06 | 3.71 | 14.52 | |||
| POLTK | 2.06 | 0.23 | 0.09 | 1.63 | 2.01 | 4.01 | 15.18 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ihlas Yayin 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?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Ihlas Yayin Corporate Management
Elected by the shareholders, the Ihlas Yayin's board of directors comprises two types of representatives: Ihlas Yayin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ihlas. The board's role is to monitor Ihlas Yayin's management team and ensure that shareholders' interests are well served. Ihlas Yayin'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, Ihlas Yayin's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ismail Cengiz | Independent Member of the Board | Profile | |
| Engin Hosgor | General Manager - Ihlas Media Planning and Purchasing Services | Profile | |
| Thomas Bonifield | General Manager - IHA | Profile | |
| Nazmi Ors | Independent Member of the Board | Profile | |
| Mehmet Yagci | Member of the Board | Profile | |
| Sait Eken | General Manager - TGRT News TV and TGRT Documentary TV | Profile |