Turkiye Halk Correlations
| HALKB Stock | TRY 16.25 0.05 0.31% |
The current 90-days correlation between Turkiye Halk Bankasi and Turkiye Garanti Bankasi is 0.56 (i.e., Very weak diversification). The correlation of Turkiye Halk 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 Halk Correlation With Market
Significant diversification
The correlation between Turkiye Halk Bankasi and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Turkiye Halk Bankasi and DJI in the same portfolio, assuming nothing else is changed.
Turkiye |
The ability to find closely correlated positions to Turkiye Halk 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 Halk 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 Halk - 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 Halk Bankasi to buy it.
Related Correlations Analysis
| 0.78 | 0.64 | 0.77 | 0.57 | GARAN | ||
| 0.78 | 0.43 | 0.98 | 0.92 | ISCTR | ||
| 0.64 | 0.43 | 0.39 | 0.18 | VAKBN | ||
| 0.77 | 0.98 | 0.39 | 0.93 | AKBNK | ||
| 0.57 | 0.92 | 0.18 | 0.93 | YKBNK | ||
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Risk-Adjusted Indicators
There is a big difference between Turkiye Stock performing well and Turkiye Halk 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 Halk'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GARAN | 1.83 | 0.02 | 0.01 | 0.14 | 2.04 | 4.18 | 9.49 | |||
| ISCTR | 1.82 | 0.00 | (0.02) | 0.12 | 2.58 | 4.06 | 10.07 | |||
| VAKBN | 2.17 | 0.30 | 0.07 | 1.36 | 2.55 | 4.84 | 12.07 | |||
| AKBNK | 2.30 | (0.02) | (0.01) | 0.10 | 2.90 | 5.43 | 13.73 | |||
| YKBNK | 2.16 | (0.10) | 0.00 | (0.07) | 0.00 | 5.19 | 12.76 |
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Our tools can tell you how much better you can do entering a position in Turkiye Halk 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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Turkiye Halk Corporate Management
Elected by the shareholders, the Turkiye Halk's board of directors comprises two types of representatives: Turkiye Halk 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 Halk's management team and ensure that shareholders' interests are well served. Turkiye Halk'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 Halk's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Osman Arslan | General Manager, Member of the Board | Profile | |
| Olcay Dogan | Head of Human Resources Department | Profile | |
| Yusuf Ocak | Deputy General Manager for Financial Management and Planning | Profile | |
| Mehmet Sevimli | Head of Legal Affairs | Profile | |
| Fatih Sahbaz | Deputy HR | Profile | |
| Samet Demirci | Head Department | Profile | |
| Ergin Kaya | Banking Operations and Information Technology Deputy General Manager | Profile |