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AKBTY vs. ^TNX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


AKBTY^TNX
YTD Return22.35%11.38%
1Y Return51.10%-7.00%
3Y Return (Ann)41.75%44.55%
5Y Return (Ann)8.10%17.42%
10Y Return (Ann)-4.02%6.22%
Sharpe Ratio0.81-0.20
Sortino Ratio1.43-0.14
Omega Ratio1.160.99
Calmar Ratio0.58-0.09
Martin Ratio3.40-0.40
Ulcer Index13.31%11.87%
Daily Std Dev56.18%23.41%
Max Drawdown-90.78%-93.78%
Current Drawdown-65.23%-46.33%

Correlation

-0.50.00.51.00.1

The correlation between AKBTY and ^TNX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

AKBTY vs. ^TNX - Performance Comparison

In the year-to-date period, AKBTY achieves a 22.35% return, which is significantly higher than ^TNX's 11.38% return. Over the past 10 years, AKBTY has underperformed ^TNX with an annualized return of -4.02%, while ^TNX has yielded a comparatively higher 6.22% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-17.38%
-3.90%
AKBTY
^TNX

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Risk-Adjusted Performance

AKBTY vs. ^TNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Akbank Turk Anonim Sirketi (AKBTY) and Treasury Yield 10 Years (^TNX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


AKBTY
Sharpe ratio
The chart of Sharpe ratio for AKBTY, currently valued at 0.85, compared to the broader market-4.00-2.000.002.004.000.85
Sortino ratio
The chart of Sortino ratio for AKBTY, currently valued at 1.47, compared to the broader market-4.00-2.000.002.004.006.001.47
Omega ratio
The chart of Omega ratio for AKBTY, currently valued at 1.17, compared to the broader market0.501.001.502.001.17
Calmar ratio
The chart of Calmar ratio for AKBTY, currently valued at 0.61, compared to the broader market0.002.004.006.000.61
Martin ratio
The chart of Martin ratio for AKBTY, currently valued at 3.58, compared to the broader market0.0010.0020.0030.003.58
^TNX
Sharpe ratio
The chart of Sharpe ratio for ^TNX, currently valued at -0.20, compared to the broader market-4.00-2.000.002.004.00-0.20
Sortino ratio
The chart of Sortino ratio for ^TNX, currently valued at -0.14, compared to the broader market-4.00-2.000.002.004.006.00-0.14
Omega ratio
The chart of Omega ratio for ^TNX, currently valued at 0.99, compared to the broader market0.501.001.502.000.99
Calmar ratio
The chart of Calmar ratio for ^TNX, currently valued at -0.15, compared to the broader market0.002.004.006.00-0.15
Martin ratio
The chart of Martin ratio for ^TNX, currently valued at -0.40, compared to the broader market0.0010.0020.0030.00-0.40

AKBTY vs. ^TNX - Sharpe Ratio Comparison

The current AKBTY Sharpe Ratio is 0.81, which is higher than the ^TNX Sharpe Ratio of -0.20. The chart below compares the historical Sharpe Ratios of AKBTY and ^TNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.85
-0.20
AKBTY
^TNX

Drawdowns

AKBTY vs. ^TNX - Drawdown Comparison

The maximum AKBTY drawdown since its inception was -90.78%, roughly equal to the maximum ^TNX drawdown of -93.78%. Use the drawdown chart below to compare losses from any high point for AKBTY and ^TNX. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-65.23%
-17.95%
AKBTY
^TNX

Volatility

AKBTY vs. ^TNX - Volatility Comparison

Akbank Turk Anonim Sirketi (AKBTY) has a higher volatility of 21.17% compared to Treasury Yield 10 Years (^TNX) at 6.18%. This indicates that AKBTY's price experiences larger fluctuations and is considered to be riskier than ^TNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
21.17%
6.18%
AKBTY
^TNX