{"id":55584,"date":"2025-06-24T12:08:55","date_gmt":"2025-06-24T04:08:55","guid":{"rendered":"http:\/\/test.swqi.tw\/?p=55584"},"modified":"2025-12-03T03:42:45","modified_gmt":"2025-12-02T19:42:45","slug":"max-drawdown-sharpe-ratio-explained","status":"publish","type":"post","link":"https:\/\/mister.forex\/tr\/max-drawdown-sharpe-ratio-explained\/","title":{"rendered":"Yat\u0131r\u0131mda sadece getiri oran\u0131na bakmay\u0131n! Yeni ba\u015flayanlar\u0131n mutlaka anlamas\u0131 gereken \"maksimum geri \u00e7ekilme\" ve \"Sharpe oran\u0131\""},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"55584\" class=\"elementor elementor-55584\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ec22a02 e-flex e-con-boxed e-con e-parent\" data-id=\"ec22a02\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1177b4e elementor-widget elementor-widget-html translation-block\" data-id=\"1177b4e\" data-element_type=\"widget\" data-widget_type=\"html.default\"><div style=\"16px\"><span>\n<h2><strong>Sadece getiri oran\u0131na bakmay\u0131n! \"maksimum geri \u00e7ekilme\" ve \"Sharpe oran\u0131\"n\u0131 anlay\u0131n, b\u00f6ylece yat\u0131r\u0131m portf\u00f6y\u00fcn\u00fcz daha diren\u00e7li olur<\/strong>&nbsp;<\/h2>\n\n\u00d6nceki yaz\u0131m\u0131zda, \"risk y\u00f6netimi getiriyi takip etmekten \u00f6nce gelir\" temel anlay\u0131\u015f\u0131n\u0131 belirledik.<br>\nBug\u00fcn, bu kavram\u0131 bir d\u00fc\u015f\u00fcnce tarz\u0131ndan pratik analiz tekniklerine nas\u0131l d\u00f6n\u00fc\u015ft\u00fcrece\u011fimizi \u00f6\u011frenece\u011fiz.<br><br>\nBir durumu d\u00fc\u015f\u00fcn\u00fcn:&nbsp;\u015eu anda iki yat\u0131r\u0131m se\u00e7ene\u011fi var.<br><br>\n<ul>\n <li><strong>Se\u00e7enek A:<\/strong>&nbsp;Son be\u015f y\u0131lda ortalama y\u0131ll\u0131k getiri oran\u0131 .<\/li>\n <li><strong>Se\u00e7enek B:<\/strong>&nbsp;Son be\u015f y\u0131lda ortalama y\u0131ll\u0131k getiri oran\u0131 .<\/li>\n<\/ul>\n<br>\nBir\u00e7ok ki\u015finin ilk tepkisi, daha y\u00fcksek getiriye sahip A se\u00e7ene\u011fini tercih etmek olabilir.<br>\nAma daha fazla bilgi eklersek:&nbsp;A se\u00e7ene\u011finin varl\u0131klar\u0131 piyasa dalgalanmalar\u0131nda oran\u0131nda d\u00fc\u015ferken, B se\u00e7ene\u011fi en k\u00f6t\u00fc durumda sadece d\u00fc\u015fm\u00fc\u015fse, karar\u0131n\u0131z de\u011fi\u015fir mi?<br><br>\n\u0130\u015fte bu y\u00fczden getiri oranlar\u0131n\u0131n arkas\u0131ndaki ger\u00e7e\u011fi anlamam\u0131z gerekiyor.<br>\nA\u015fa\u011f\u0131daki iki \u00f6nemli g\u00f6sterge, daha kapsaml\u0131 bir de\u011ferlendirme yapman\u0131za yard\u0131mc\u0131 olur.<br><br>\n\n<h3><strong>\u00d6nemli G\u00f6sterge 1:&nbsp;maksimum geri \u00e7ekilme (Max Drawdown, MDD) - Potansiyel maksimum d\u00fc\u015f\u00fc\u015f\u00fc \u00f6l\u00e7er<\/strong>&nbsp;<\/h3>\n\"maksimum geri \u00e7ekilme\", yat\u0131r\u0131m riskini \u00f6l\u00e7en kritik bir veridir.<br>\nTan\u0131m\u0131 \u00e7ok basittir:&nbsp;Yat\u0131r\u0131m portf\u00f6y\u00fcn\u00fcz\u00fcn ge\u00e7mi\u015fteki en y\u00fcksek noktas\u0131ndan, sonraki en d\u00fc\u015f\u00fck noktaya kadar olan maksimum d\u00fc\u015f\u00fc\u015f y\u00fczdesidir.<br><br>\n\u00d6rne\u011fin:&nbsp;Yat\u0131r\u0131m\u0131n\u0131z 1 milyon TL'den 1,2 milyon TL'ye y\u00fckseldi (bu tarihsel zirvedir), ard\u0131ndan piyasa d\u00fc\u015ft\u00fc ve varl\u0131klar\u0131n\u0131z en d\u00fc\u015f\u00fck 900 bin TL'ye indi, sonra tekrar y\u00fckselmeye ba\u015flad\u0131.<br>\nBu durumda maksimum geri \u00e7ekilme, 1,2 milyon TL'den 900 bin TL'ye olan d\u00fc\u015f\u00fc\u015ft\u00fcr ve hesaplama \u015fekli (1,2 milyon - 900 bin) \/ 1,2 milyon = 'tir.<br><br>\nBu say\u0131 \u00e7ok \u00f6nemlidir \u00e7\u00fcnk\u00fc:&nbsp;<br><br>\n<ul>\n <li><strong>En k\u00f6t\u00fc durumu ortaya koyar:<\/strong>&nbsp;MDD, e\u011fer en k\u00f6t\u00fc zamanda (tarihsel zirvede) yat\u0131r\u0131m yaparsan\u0131z, kar\u015f\u0131la\u015fabilece\u011finiz maksimum nominal kayb\u0131 g\u00f6sterir.<\/li>\n <li><strong>Arkas\u0131nda sert matematiksel ger\u00e7ekler vard\u0131r:<\/strong>&nbsp;\n <ul>\n <li>Varl\u0131k kayb\u0131 ile toparlanma do\u011frusal de\u011fildir.<\/li>\n <li>Varl\u0131k d\u00fc\u015ft\u00fc\u011f\u00fcnde, eski seviyesine d\u00f6nmek i\u00e7in art\u0131\u015f gerekir.<\/li>\n <li>Varl\u0131k d\u00fc\u015ft\u00fc\u011f\u00fcnde, eski seviyesine d\u00f6nmek i\u00e7in tam 0 art\u0131\u015f gerekir!<\/li>\n <\/ul>\n <\/li>\n<\/ul>\n<br>\nKay\u0131p ne kadar b\u00fcy\u00fckse, toparlanmak o kadar zordur.<br>\nTarihsel olarak maksimum geri \u00e7ekilme ya\u015fam\u0131\u015f bir yat\u0131r\u0131m stratejisi, uzun vadeli getirisi ne kadar cazip olursa olsun, \u015fiddetli dalgalanmalar psikolojik bask\u0131 yaratabilir ve yat\u0131r\u0131mc\u0131y\u0131 en yanl\u0131\u015f zamanda sat\u0131\u015f yapmaya zorlayabilir.<br><br>\nBasit\u00e7e s\u00f6ylemek gerekirse, maksimum geri \u00e7ekilme (MDD), bir yat\u0131r\u0131m\u0131n \"istikrar\u0131n\u0131\" \u00f6l\u00e7en \u00f6nemli bir g\u00f6stergedir.<br>\nBu say\u0131 ne kadar k\u00fc\u00e7\u00fckse, s\u00fcre\u00e7 o kadar sakin olur ve uzun vadede ba\u015far\u0131 \u015fans\u0131n\u0131z o kadar artar.<br><br>\n\n<h3><strong>\u00d6nemli G\u00f6sterge 2:&nbsp;Sharpe oran\u0131 - Yat\u0131r\u0131m\u0131n verimlili\u011fini de\u011ferlendirir<\/strong>&nbsp;<\/h3>\nE\u011fer MDD riski \"derinlik\" olarak de\u011ferlendiriyorsa, Sharpe oran\u0131 yat\u0131r\u0131m\u0131n \"verimlili\u011fini\" \u00f6l\u00e7er.<br>\nBu oran, yat\u0131r\u0131m portf\u00f6y\u00fcn\u00fcn her birim risk i\u00e7in ne kadar ek getiri sa\u011flad\u0131\u011f\u0131n\u0131 g\u00f6sterir.<br><br>\nKarma\u015f\u0131k matematik form\u00fcllerine girmeden, temel anlam\u0131n\u0131 kavramam\u0131z yeterlidir:&nbsp;<br><br>\n<ul>\n <li><strong>Sharpe oran\u0131 ne kadar y\u00fcksekse<\/strong>, yat\u0131r\u0131m\u0131n risk kar\u015f\u0131l\u0131\u011f\u0131nda sa\u011flad\u0131\u011f\u0131 \"fayda\" o kadar iyidir.<\/li>\n <li><strong>Sharpe oran\u0131 ne kadar y\u00fcksekse<\/strong>, ayn\u0131 getiriyi elde ederken s\u00fcre\u00e7 muhtemelen daha istikrarl\u0131 ve dalgalanma daha azd\u0131r.<\/li>\n<\/ul>\n<br>\nAyn\u0131 y\u0131ll\u0131k getiri i\u00e7in, y\u00fcksek Sharpe oran\u0131na sahip bir portf\u00f6y, hedefe nispeten daha stabil bir \u015fekilde ula\u015fm\u0131\u015f demektir; d\u00fc\u015f\u00fck Sharpe oran\u0131 ise ayn\u0131 sonucu elde etmek i\u00e7in daha \u015fiddetli dalgalanmalar ya\u015fand\u0131\u011f\u0131n\u0131 g\u00f6sterebilir.<br><br>\n\n<h3><strong>Sonu\u00e7:&nbsp;Daha ak\u0131ll\u0131 bir yat\u0131r\u0131mc\u0131 olun<\/strong>&nbsp;<\/h3>\nBundan sonra, herhangi bir yat\u0131r\u0131m f\u0131rsat\u0131n\u0131 de\u011ferlendirirken sadece parlak getiri oranlar\u0131na aldanmay\u0131n.<br>\nDaha derin verilere bakmay\u0131 al\u0131\u015fkanl\u0131k haline getirin:&nbsp;<br><br>\n<ul>\n <li>\"Bu yat\u0131r\u0131m stratejisinin tarihsel maksimum geri \u00e7ekilmesi nedir?\"<\/li>\n <li>\"Sharpe oran\u0131 nas\u0131l performans g\u00f6steriyor?\"<\/li>\n<\/ul>\n<br>\nBu iki g\u00fc\u00e7l\u00fc analiz arac\u0131n\u0131 kavrad\u0131\u011f\u0131n\u0131zda, riskleri daha profesyonel bir bak\u0131\u015f a\u00e7\u0131s\u0131yla de\u011ferlendirebilirsiniz.<br>\nBir sonraki yaz\u0131m\u0131zda, bu iki arac\u0131 kullanarak piyasadaki en pop\u00fcler yat\u0131r\u0131m se\u00e7eneklerinden birini analiz edece\u011fiz.<br><br>\n\n<strong>Yaz\u0131 serisi \u00f6nizlemesi:<\/strong>&nbsp;<br>\nRisk de\u011ferlendirme ara\u00e7lar\u0131n\u0131 \u00f6\u011frendik. \u015eimdi, bunlar\u0131 kullanarak pop\u00fcler ETF yat\u0131r\u0131m stratejisini inceleyelim ve yeni ke\u015fifler yapal\u0131m.<br>\n<\/span><\/div><\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd6bda5 elementor-icon-list--layout-inline elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"cd6bda5\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/mister.forex\/tr\/etf-retirement-risk\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-arrow-circle-right\" viewbox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8c137 0 248 111 248 248S393 504 256 504 8 393 8 256 119 8 256 8zm-28.9 143.6l75.5 72.4H120c-13.3 0-24 10.7-24 24v16c0 13.3 10.7 24 24 24h182.6l-75.5 72.4c-9.7 9.3-9.9 24.8-.4 34.3l11 10.9c9.4 9.4 24.6 9.4 33.9 0L404.3 273c9.4-9.4 9.4-24.6 0-33.9L271.6 106.3c-9.4-9.4-24.6-9.4-33.9 0l-11 10.9c-9.5 9.6-9.3 25.1.4 34.4z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">ETF ile emekli olmak m\u0131 istiyorsunuz? Kar\u015f\u0131la\u015fman\u0131z gereken bir ger\u00e7ek:&nbsp;Piyasa \u00e7\u00f6k\u00fc\u015f\u00fc geldi\u011finde, varl\u0131klar\u0131n\u0131z ne kadar de\u011fer kaybeder?<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3b7003 elementor-widget elementor-widget-template\" data-id=\"b3b7003\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"49848\" class=\"elementor elementor-49848\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-43b58eaa e-flex e-con-boxed e-con e-parent\" data-id=\"43b58eaa\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-83f27ac elementor-widget elementor-widget-html translation-block\" data-id=\"83f27ac\" data-element_type=\"widget\" data-widget_type=\"html.default\"><span>\n<strong style=\"font-size: 1.2em\">\nMerhaba, biz <a href=\"https:\/\/mister.forex\/tr\/about-us\/\" target=\"_blank\" style=\"text-decoration: underline\">Mr.Forex Ara\u015ft\u0131rma Ekibi<\/a><\/strong><br>\n\nTicaret sadece do\u011fru zihniyeti de\u011fil, ayn\u0131 zamanda yararl\u0131 ara\u00e7lar\u0131 ve i\u00e7g\u00f6r\u00fcleri de gerektirir. K\u00fcresel broker incelemelerine, ticaret sistemi kurulumlar\u0131na (MT4 \/ MT5, EA, VPS) ve pratik forex temellerine odaklan\u0131yoruz. Finans piyasalar\u0131n\u0131n \"kullan\u0131m k\u0131lavuzuna\" hakim olman\u0131z\u0131 ve s\u0131f\u0131rdan profesyonel bir ticaret ortam\u0131 olu\u015fturman\u0131z\u0131 bizzat \u00f6\u011fretiyoruz.<br>\n<br>\n\n<strong>Teoriden prati\u011fe ge\u00e7mek istiyorsan\u0131z:<\/strong><br>\n1. Daha fazla yat\u0131r\u0131mc\u0131n\u0131n ger\u00e7e\u011fi g\u00f6rmesi i\u00e7in bu makaleyi payla\u015f\u0131n.<br>\n2. <a href=\"https:\/\/mister.forex\/tr\/category\/learn-forex\/\" target=\"_blank\">Forex E\u011fitimi<\/a> ile ilgili daha fazla makale okuyun.\n<\/span><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Yeni ba\u015flayan yat\u0131r\u0131mc\u0131lar sadece getiriyi izlememeli! Riskleri g\u00f6rmek i\u00e7in \"maksimum geri \u00e7ekilme\"yi, CP de\u011ferini g\u00f6rmek i\u00e7in \"Sharpe oran\u0131\"n\u0131 \u00f6\u011frenin ve daha dayan\u0131kl\u0131 bir yat\u0131r\u0131m portf\u00f6y\u00fc olu\u015fturun.<\/p>","protected":false},"author":1,"featured_media":55596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,83],"tags":[128],"class_list":["post-55584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-terms","category-learn-forex","tag-no-google"],"_links":{"self":[{"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/posts\/55584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/comments?post=55584"}],"version-history":[{"count":0,"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/posts\/55584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/media\/55596"}],"wp:attachment":[{"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/media?parent=55584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/categories?post=55584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mister.forex\/tr\/wp-json\/wp\/v2\/tags?post=55584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}