Marka Yatirim Correlations

MARKA Stock

TRY 56.00 0.50 0.88%

The current 90-days correlation between Marka Yatirim Holding and Turkiye Kalkinma Bankasi is -0.11 (i.e., Good diversification). The correlation of Marka Yatirim 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.

Marka Yatirim Correlation With Market

Average diversification

The correlation between Marka Yatirim Holding and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marka Yatirim Holding and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Marka Stock

0.63	TUPRS	Turkiye Petrol Rafin	Pair Corr
0.51	SASA	SASA Polyester Sanayi	Pair Corr
0.48	HEDEF	Hedef Holdings AS	Pair Corr
0.46	VERUS	Verusa Holding AS	Pair Corr
0.46	VERTU	Verusaturk Girisim	Pair Corr
0.34	HDFGS	Hedef Girisim Sermayesi	Pair Corr

Related Correlations Analysis

	KLNMA	CEOEM	CUSAN	GENTS	ICBCT	SKBNK	POLTK
KLNMA		-0.02	0.62	0.16	0.05	0.37	0.57	KLNMA
CEOEM	-0.02		-0.56	-0.78	-0.77	-0.61	-0.62	CEOEM
CUSAN	0.62	-0.56		0.68	0.64	0.8	0.74	CUSAN
GENTS	0.16	-0.78	0.68		0.86	0.83	0.69	GENTS
ICBCT	0.05	-0.77	0.64	0.86		0.77	0.52	ICBCT
SKBNK	0.37	-0.61	0.8	0.83	0.77		0.75	SKBNK
POLTK	0.57	-0.62	0.74	0.69	0.52	0.75		POLTK
	KLNMA	CEOEM	CUSAN	GENTS	ICBCT	SKBNK	POLTK

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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

ICBCT	+ 0.86	GENTS
SKBNK	+ 0.83	GENTS
SKBNK	+ 0.8	CUSAN
SKBNK	+ 0.77	ICBCT
POLTK	+ 0.75	SKBNK
POLTK	+ 0.74	CUSAN

High negative correlations

GENTS	- 0.78	CEOEM
ICBCT	- 0.77	CEOEM
POLTK	- 0.62	CEOEM
SKBNK	- 0.61	CEOEM
CUSAN	- 0.56	CEOEM
CEOEM	- 0.02	KLNMA

Risk-Adjusted Indicators

There is a big difference between Marka Stock performing well and Marka Yatirim 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 Marka Yatirim'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
KLNMA	1.32	(0.17)	0.00	(3.48)	0.00	0.00	3.12	(2.53)	9.44
CEOEM	3.71	(0.72)	0.00	(1.84)	0.00	0.00	9.76	(9.96)	19.96
CUSAN	1.59	0.01	(0.05)	0.06	2.15	(1.59)	4.04	(3.17)	11.54
GENTS	1.69	0.31	0.09	1.85	2.03	(1.84)	4.08	(3.65)	15.73
ICBCT	1.73	0.17	0.05	0.85	1.64	(2.11)	3.58	(2.72)	9.95
SKBNK	1.97	0.23	0.11	0.33	1.91	(2.69)	4.87	(3.22)	12.93
POLTK	2.10	(0.10)	0.00	(0.08)	0.00	0.00	3.62	(3.81)	15.18

Be your own money manager

Our tools can tell you how much better you can do entering a position in Marka Yatirim 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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Marka Yatirim Corporate Management

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

Ismail Aksa	Vice Mang	Profile
Remzi Akalin	General Manager	Profile
Canan Ozgur	Member of the Board	Profile
Ismail Aksac	Manager of Investor Relations Department	Profile
Vedat Akbas	Accounting Mang	Profile

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