Turkiye Vakiflar Correlations
| VAKBN Stock | TRY 23.62 0.92 3.75% |
The current 90-days correlation between Turkiye Vakiflar Bankasi and Turkiye Is Bankasi is 0.11 (i.e., Average diversification). The correlation of Turkiye Vakiflar 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.
Turkiye Vakiflar Correlation With Market
Significant diversification
The correlation between Turkiye Vakiflar Bankasi 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 Turkiye Vakiflar Bankasi and DJI in the same portfolio, assuming nothing else is changed.
Turkiye |
The ability to find closely correlated positions to Turkiye Vakiflar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turkiye Vakiflar 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 Turkiye Vakiflar - 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 Turkiye Vakiflar Bankasi to buy it.
Moving against Turkiye Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Turkiye Stock performing well and Turkiye Vakiflar 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 Turkiye Vakiflar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ISBTR | 1.64 | (0.24) | 0.00 | (4.73) | 0.00 | 3.32 | 15.56 | |||
| ISCTR | 1.85 | 0.01 | (0.04) | 0.16 | 2.55 | 4.06 | 10.07 | |||
| SAHOL | 2.13 | (0.05) | (0.04) | 0.02 | 2.72 | 4.13 | 11.21 | |||
| HALKB | 1.72 | (0.04) | (0.05) | (0.02) | 2.30 | 3.57 | 12.07 |
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Turkiye Vakiflar Corporate Management
Elected by the shareholders, the Turkiye Vakiflar's board of directors comprises two types of representatives: Turkiye Vakiflar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Turkiye. The board's role is to monitor Turkiye Vakiflar's management team and ensure that shareholders' interests are well served. Turkiye Vakiflar'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, Turkiye Vakiflar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Abdi Ustunsalih | GM CEO | Profile | |
| Muhammet Celebi | Vice General Manager - Commercial and Corporate Banking, SME Banking, Cash Management and Banking Insurance | Profile | |
| Ali Tahan | VP Relations | Profile | |
| Korhan Turgut | Head Affairs | Profile | |
| Metin Zafer | Vice General Manager - General Accounting, Treasury, Financial Affairs, Banking Operations | Profile | |
| Ferkan Merdan | Customer Banking | Profile | |
| Ramazan Siryol | Head of Internal Audit | Profile |