Lokman Hekim Correlations
| LKMNH Stock | TRY 16.88 0.22 1.29% |
The current 90-days correlation between Lokman Hekim Engurusag and Bosch Fren Sistemleri is -0.15 (i.e., Good diversification). The correlation of Lokman Hekim 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.
Lokman Hekim Correlation With Market
Average diversification
The correlation between Lokman Hekim Engurusag and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lokman Hekim Engurusag and DJI in the same portfolio, assuming nothing else is changed.
Lokman |
The ability to find closely correlated positions to Lokman Hekim could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lokman Hekim 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 Lokman Hekim - 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 Lokman Hekim Engurusag to buy it.
Moving together with Lokman Stock
| 0.75 | KCHOL | Koc Holding AS | PairCorr |
| 0.78 | EREGL | Eregli Demir ve Split | PairCorr |
| 0.72 | TCELL | Turkcell Iletisim | PairCorr |
| 0.75 | AEFES | Anadolu Efes Biracilik | PairCorr |
| 0.61 | SILVR | Silverline Endustri | PairCorr |
| 0.66 | KOZAA | Koza Anadolu Metal | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Lokman Stock performing well and Lokman Hekim 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 Lokman Hekim'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNKRN | 2.40 | (0.09) | 0.00 | (2.85) | 0.00 | 4.90 | 17.91 | |||
| PAMEL | 1.57 | (0.11) | 0.00 | (1.84) | 0.00 | 3.62 | 7.85 | |||
| PKENT | 2.18 | 0.04 | 0.00 | (0.08) | 2.40 | 5.43 | 14.95 | |||
| BFREN | 1.66 | (0.09) | 0.00 | 0.31 | 0.00 | 4.81 | 13.56 | |||
| YESIL | 3.17 | 0.51 | 0.18 | 0.44 | 2.61 | 9.59 | 15.53 | |||
| KENT | 2.79 | 0.32 | 0.10 | (0.26) | 2.44 | 9.75 | 13.10 | |||
| BURVA | 2.45 | (0.22) | 0.00 | (0.64) | 0.00 | 6.08 | 15.77 | |||
| EKIZ | 1.85 | (0.20) | 0.00 | 1.31 | 0.00 | 3.99 | 10.01 | |||
| VKFYO | 1.91 | (0.02) | 0.00 | (0.03) | 0.00 | 5.21 | 15.72 | |||
| MARKA | 3.98 | 0.12 | 0.03 | 0.21 | 3.61 | 9.98 | 17.05 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lokman Hekim 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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Lokman Hekim Corporate Management
Elected by the shareholders, the Lokman Hekim's board of directors comprises two types of representatives: Lokman Hekim inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lokman. The board's role is to monitor Lokman Hekim's management team and ensure that shareholders' interests are well served. Lokman Hekim'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, Lokman Hekim's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ibrahim Ugur | Operational Director | Profile | |
| Attorney Gktas | Ex Member | Profile | |
| Suleyman Inceoz | Chief Officer | Profile | |
| mer Eker | Director Relations | Profile | |
| Temel Unlu | Management Director | Profile | |
| Ali Yakut | Bus Director | Profile |