Royal Hali Correlations
| ROYAL Stock | TRY 6.80 0.00 0.00% |
The correlation of Royal Hali 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.
Royal |
The ability to find closely correlated positions to Royal Hali could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royal Hali 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 Royal Hali - 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 Royal Hali Iplik to buy it.
Related Correlations Analysis
| 0.75 | 0.39 | 0.38 | 0.73 | GSRAY | ||
| 0.75 | 0.25 | 0.31 | 0.9 | SODSN | ||
| 0.39 | 0.25 | 0.74 | 0.26 | KOZAA | ||
| 0.38 | 0.31 | 0.74 | 0.29 | GENTS | ||
| 0.73 | 0.9 | 0.26 | 0.29 | EDATA | ||
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Risk-Adjusted Indicators
There is a big difference between Royal Stock performing well and Royal Hali 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 Royal Hali'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GSRAY | 1.80 | (0.20) | 0.00 | (1.02) | 0.00 | 3.09 | 14.59 | |||
| SODSN | 2.19 | (0.40) | 0.00 | (1.14) | 0.00 | 4.55 | 15.93 | |||
| KOZAA | 2.24 | 0.14 | 0.01 | 1.27 | 3.10 | 5.60 | 15.14 | |||
| GENTS | 1.65 | 0.09 | 0.02 | 0.27 | 1.97 | 3.15 | 15.73 | |||
| EDATA | 1.75 | (0.32) | 0.00 | 1.89 | 0.00 | 3.43 | 9.65 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Royal Hali 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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Royal Hali Corporate Management
Elected by the shareholders, the Royal Hali's board of directors comprises two types of representatives: Royal Hali inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Royal. The board's role is to monitor Royal Hali's management team and ensure that shareholders' interests are well served. Royal Hali'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, Royal Hali's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sinem Senel | Director Relations | Profile | |
| Cetin Dogan | Independent Member of the Board | Profile | |
| Emre zkaya | Member Board | Profile | |
| Cahit Nakiboglu | Member of the Board | Profile |