Pamel Yenilenebilir Correlations

PAMEL Stock

TRY 92.70 0.60 0.65%

The current 90-days correlation between Pamel Yenilenebilir and ICBC Turkey Bank is 0.45 (i.e., Very weak diversification). The correlation of Pamel Yenilenebilir 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.

Pamel Yenilenebilir Correlation With Market

Significant diversification

The correlation between Pamel Yenilenebilir Elektrik and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pamel Yenilenebilir Elektrik and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Pamel Stock

0.88	AKSEN	Aksa Enerji Uretim	Pair Corr
0.88	GWIND	Galata Wind Enerji	Pair Corr
0.71	TLMAN	Trabzon Liman Isletm	Pair Corr
0.71	BAYRK	Bayrak EBT Taban	Pair Corr
0.61	TRCAS	Turcas Petrol AS	Pair Corr
0.81	QNBFL	QNB Finans Finansal	Pair Corr
0.71	ESCOM	Escort Teknoloji Yatirim	Pair Corr

Moving against Pamel Stock

0.4

DGGYO

Dogus Gayrimenkul Yatirim

Pair Corr

Related Correlations Analysis

	BMSTL	MEGMT	CUSAN	ICBCT	AKCNS	CEOEM	POLTK
BMSTL		-0.11	0.14	0.51	0.39	-0.71	-0.06	BMSTL
MEGMT	-0.11		0.8	0.3	0.26	-0.2	0.88	MEGMT
CUSAN	0.14	0.8		0.57	0.52	-0.38	0.59	CUSAN
ICBCT	0.51	0.3	0.57		0.57	-0.57	0.17	ICBCT
AKCNS	0.39	0.26	0.52	0.57		-0.25	0.14	AKCNS
CEOEM	-0.71	-0.2	-0.38	-0.57	-0.25		-0.28	CEOEM
POLTK	-0.06	0.88	0.59	0.17	0.14	-0.28		POLTK
	BMSTL	MEGMT	CUSAN	ICBCT	AKCNS	CEOEM	POLTK

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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

POLTK	+ 0.88	MEGMT
CUSAN	+ 0.8	MEGMT
POLTK	+ 0.59	CUSAN
ICBCT	+ 0.57	CUSAN
AKCNS	+ 0.57	ICBCT
AKCNS	+ 0.52	CUSAN

High negative correlations

CEOEM	- 0.71	BMSTL
CEOEM	- 0.57	ICBCT
CEOEM	- 0.38	CUSAN
POLTK	- 0.28	CEOEM
CEOEM	- 0.25	AKCNS
CEOEM	- 0.2	MEGMT

Risk-Adjusted Indicators

There is a big difference between Pamel Stock performing well and Pamel Yenilenebilir 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 Pamel Yenilenebilir'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
BMSTL	1.55	0.19	0.05	0.51	2.11	(1.52)	2.64	(3.86)	14.33
MEGMT	1.88	(0.14)	0.00	1.28	0.00	0.00	3.56	(3.83)	12.82
CUSAN	1.78	(0.03)	(0.04)	0.07	2.20	(1.88)	5.23	(3.23)	11.59
ICBCT	1.61	0.03	(0.03)	0.24	1.79	(1.79)	3.37	(3.01)	9.04
AKCNS	1.60	0.07	(0.03)	1.15	1.69	(1.91)	4.27	(2.81)	14.28
CEOEM	3.58	(0.51)	0.00	(1.05)	0.00	0.00	8.02	(9.96)	19.76
POLTK	1.96	(0.10)	0.00	(0.41)	0.00	0.00	3.62	(3.81)	15.38

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pamel Yenilenebilir 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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Pamel Yenilenebilir Corporate Management

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

Esra elik	Operation Mang	Profile
Erol ztokmak	Control Mang	Profile
Bayram Kinay	Chairman GM	Profile
Resul Bayazit	Director Affairs	Profile
Sinan Sivrikaya	Investor Mang	Profile

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