Yesil Yapi Correlations

YYAPI Stock

TRY 4.85 0.13 2.61%

The current 90-days correlation between Yesil Yapi Endustrisi and Pamel Yenilenebilir Elektrik is 0.38 (i.e., Weak diversification). The correlation of Yesil Yapi 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.

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

Moving together with Yesil Stock

0.76	AKBNK	Akbank TAS	Pair Corr
0.9	YKBNK	Yapi ve Kredi	Pair Corr
0.81	SISE	Turkiye Sise ve	Pair Corr
0.68	QNBFB	Qnb Finansbank AS	Pair Corr
0.7	KCHOL	Koc Holding AS	Pair Corr
0.65	ISBTR	Turkiye Is Bankasi	Pair Corr

Related Correlations Analysis

	QNBFL	PAMEL	BRISA	DGGYO	IZENR	MAGEN	KENT	AKENR	YATAS	GEDIK
QNBFL		0.81	0.22	-0.71	0.14	0.8	0.78	0.56	0.76	-0.55	QNBFL
PAMEL	0.81		0.57	-0.4	0.31	0.81	0.9	0.76	0.91	-0.45	PAMEL
BRISA	0.22	0.57		0.37	0.3	0.34	0.62	0.58	0.67	0.02	BRISA
DGGYO	-0.71	-0.4	0.37		0.14	-0.5	-0.33	-0.13	-0.26	0.63	DGGYO
IZENR	0.14	0.31	0.3	0.14		0.09	0.36	0.38	0.29	0.29	IZENR
MAGEN	0.8	0.81	0.34	-0.5	0.09		0.68	0.54	0.67	-0.43	MAGEN
KENT	0.78	0.9	0.62	-0.33	0.36	0.68		0.71	0.9	-0.43	KENT
AKENR	0.56	0.76	0.58	-0.13	0.38	0.54	0.71		0.73	-0.23	AKENR
YATAS	0.76	0.91	0.67	-0.26	0.29	0.67	0.9	0.73		-0.33	YATAS
GEDIK	-0.55	-0.45	0.02	0.63	0.29	-0.43	-0.43	-0.23	-0.33		GEDIK
	QNBFL	PAMEL	BRISA	DGGYO	IZENR	MAGEN	KENT	AKENR	YATAS	GEDIK

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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

YATAS	+ 0.91	PAMEL
KENT	+ 0.9	PAMEL
YATAS	+ 0.9	KENT
PAMEL	+ 0.81	QNBFL
MAGEN	+ 0.81	PAMEL
MAGEN	+ 0.8	QNBFL

High negative correlations

DGGYO	- 0.71	QNBFL
GEDIK	- 0.55	QNBFL
MAGEN	- 0.5	DGGYO
GEDIK	- 0.45	PAMEL
GEDIK	- 0.43	KENT
GEDIK	- 0.43	MAGEN

Risk-Adjusted Indicators

There is a big difference between Yesil Stock performing well and Yesil Yapi 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 Yesil Yapi'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
QNBFL	2.29	(0.17)	0.00	(0.30)	0.00	0.00	9.87	(4.29)	19.97
PAMEL	1.75	(0.19)	0.00	(1.68)	0.00	0.00	3.62	(3.38)	15.94
BRISA	1.85	0.04	(0.05)	0.01	2.42	(1.86)	3.09	(4.10)	10.18
DGGYO	2.56	0.42	0.08	(0.53)	2.45	(3.25)	7.58	(4.69)	17.31
IZENR	1.99	0.02	0.00	0.09	0.00	0.00	6.51	(4.42)	18.16
MAGEN	1.77	(0.06)	0.00	0.39	0.00	0.00	3.92	(3.32)	14.09
KENT	2.30	(0.17)	0.00	(2.56)	0.00	0.00	4.38	(4.30)	13.10
AKENR	2.08	(0.33)	0.00	(0.32)	0.00	0.00	4.18	(3.42)	14.89
YATAS	1.62	(0.17)	0.00	(0.26)	0.00	0.00	3.65	(4.26)	14.46
GEDIK	1.54	0.05	(0.01)	0.27	2.39	(1.45)	2.90	(2.76)	17.74

Be your own money manager

Our tools can tell you how much better you can do entering a position in Yesil Yapi 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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Yesil Yapi Corporate Management

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

Yasar Altiparmak	Member of the Board	Profile
Saban zkan	G Mang	Profile
Saban Ozkan	General Manager, Member of the Board	Profile
Metin Baser	Member of the Board	Profile
Alaittin Silaydin	Member of the Board	Profile
Resul Kurt	Independent Member of the Board	Profile

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