Koza Anadolu Correlations
| KOZAA Stock | TRY 71.70 3.45 4.59% |
The current 90-days correlation between Koza Anadolu Metal and QNB Finans Finansal is -0.05 (i.e., Good diversification). The correlation of Koza Anadolu 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.
Koza Anadolu Correlation With Market
Significant diversification
The correlation between Koza Anadolu Metal and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Koza Anadolu Metal and DJI in the same portfolio, assuming nothing else is changed.
Koza |
The ability to find closely correlated positions to Koza Anadolu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koza Anadolu 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 Koza Anadolu - 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 Koza Anadolu Metal to buy it.
Moving together with Koza Stock
Related Correlations Analysis
| 0.74 | 0.94 | 0.68 | 0.39 | QNBFB | ||
| 0.74 | 0.68 | 0.73 | 0.44 | QNBFL | ||
| 0.94 | 0.68 | 0.7 | 0.44 | KLNMA | ||
| 0.68 | 0.73 | 0.7 | 0.73 | KCAER | ||
| 0.39 | 0.44 | 0.44 | 0.73 | CMENT | ||
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Risk-Adjusted Indicators
There is a big difference between Koza Stock performing well and Koza Anadolu 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 Koza Anadolu'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| QNBFB | 2.45 | 0.19 | 0.02 | (0.82) | 2.61 | 8.91 | 19.94 | |||
| QNBFL | 2.32 | (0.21) | 0.00 | (0.47) | 0.00 | 9.87 | 19.97 | |||
| KLNMA | 1.61 | 0.12 | 0.02 | 0.53 | 1.69 | 4.11 | 15.22 | |||
| KCAER | 1.89 | (0.17) | 0.00 | (0.10) | 0.00 | 4.01 | 10.05 | |||
| CMENT | 2.75 | (0.03) | 0.00 | (0.13) | 0.00 | 9.94 | 15.84 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Koza Anadolu 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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Koza Anadolu Corporate Management
Elected by the shareholders, the Koza Anadolu's board of directors comprises two types of representatives: Koza Anadolu inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Koza. The board's role is to monitor Koza Anadolu's management team and ensure that shareholders' interests are well served. Koza Anadolu'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, Koza Anadolu's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cahit Tokmak | Member Management | Profile | |
| Ismail Guler | Member of the Board of Management | Profile | |
| Mahmut Celik | Member Board | Profile | |
| Tagmac Cuhadar | Investor Mang | Profile | |
| Enis Sirin | Member of the Board of Management | Profile |