TUR.PA - Risk

Risk & Diversification Scores

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

7/7 Very High

7 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

36.1% p.a.

5-Year Horizon

Max Drawdown (5Y)

-35.4%

Deepest Drawdown

Sharpe Ratio

0.43

Moderate (0.0 - 0.5)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: Score Basis:

Diversification Score

High Concentration (> 50%)

68 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

High concentration risk: A few heavyweights drive the majority of fund value.

Top 10 Holdings

52.3%

Focused

Effective Holdings

~24

of 26 holdings

Top Sector

33.4%

Technology

Top Region / Country

84.9%

United States

Elevated concentration in top individual holdings, leading sectors, or key regions.

Multi-Horizon Risk & Performance Matrix

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

High Volatility

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+20%
3 Years	28.8%	-35.4%	0.07	+4.4%
5 Years	36.1%	-35.4%	0.43	+18%
10 Years	34.5%	-65.1%	-0.01	+2%

Notes & Warnings

⚠️ Elevated valuation: Avg P/E of 31.3

🟢 Deep market liquidity & capital coverage (Tier 1)

Solid fund volume

🟢 High institutional analyst coverage (37.4 analysts)

⚠️ Elevated top 10 holdings concentration: 52% of fund in top 10 positions.

⚠️ Sector concentration: 33% in "Technology".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 57% of forward growth.

ℹ️ Tech-Capex Exposure: 33% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Elevated Regulatory & Policy Risk: 39% in heavily regulated industries (defense, regulated utilities, healthcare policy).

🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (36.1% p.a.).

⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -65.1% in the extended horizon.