FINRATEX ACADEMY

Understand finance.
Make your own decisions.

66 in-depth guides from market basics and company accounts to risk management and macroeconomics.

66GUIDES19CATEGORIESTR + ENBILINGUAL

66 guides found

01ALTIN

How is the gram gold price calculated?

Learn how the gold ounce, USD/TRY and the 31.1034768 gram conversion shape the indicative gram gold price.

6 min read
02GÜMÜŞ

Silver investing guide: What drives the price?

Understand silver through industrial demand, the dollar, interest rates, the gold-silver ratio and available instruments.

7 min read
03KRİPTO

Why does Bitcoin's price move?

How liquidity, ETF flows, risk appetite, supply dynamics and regulation affect Bitcoin.

7 min read
04MERKEZ BANKALARI

How do central-bank decisions move markets?

How the rate decision, statement and surprise affect currencies, bonds, equities, gold and credit.

8 min read
05BORSA

What is the BIST 100 and how should it be read?

The BIST 100's composition, weights, return calculation and the indicators investors monitor.

6 min read
06PETROL

What drives oil prices?

The role of supply, demand, inventories, OPEC+, geopolitics and futures curves in Brent and WTI.

7 min read
07BAKIR

Why is copper an economic barometer?

How copper connects construction, power grids, Chinese demand, energy transition and supply constraints.

6 min read
08KİŞİSEL FİNANS

Investment fund or bank deposit: How to compare

Compare funds and deposits on return, risk, liquidity, settlement, tax and maturity.

8 min read
09HALKA ARZ

How to read an IPO prospectus

Review an issuer's business model, risks, use of proceeds, shareholder sales and financials systematically.

9 min read
10ŞİRKET ANALİZİ

How to read company valuation multiples

Use P/E, EV/EBITDA, price-to-book and peer comparisons in the right context.

8 min read
11DÖVİZ

Why does USD/TRY rise?

Understand how rates, inflation, reserves and the global dollar affect USD/TRY.

6 min read
12DÖVİZ

How to read EUR/USD

Learn how Fed and ECB policy and growth gaps shape the pair.

6 min read
13DÖVİZ

What is an FX spread?

How bid-ask spreads affect trading cost and short-term return.

6 min read
14ALTIN

What drives gold prices?

The role of real yields, the dollar, central banks and safe-haven demand.

6 min read
15ALTIN

What is the gold-silver ratio?

Learn its historical context and why it is not a standalone signal.

6 min read
16ALTIN

Physical gold or a gold fund?

Compare storage, spreads, liquidity, tax and management fees.

6 min read
17GÜMÜŞ

How is gram silver calculated?

Calculate indicative gram silver from ounce silver and USD/TRY.

6 min read
18BORSA

How to analyze a stock

Evaluate the business model, financials, valuation and risks together.

6 min read
19BORSA

What is dividend yield?

Read dividend yield alongside sustainable earnings and cash flow.

6 min read
20BORSA

Rights and bonus issues explained

How capital increases affect share count, price and funding.

6 min read
21BORSA

What is a circuit breaker?

Learn why and how trading pauses during extreme price moves.

6 min read
22BORSA

Market order vs limit order

Compare price control, execution and slippage across order types.

6 min read
23ŞİRKET ANALİZİ

How to read a balance sheet

Review assets, liabilities and equity systematically.

6 min read
24ŞİRKET ANALİZİ

How to read an income statement

Trace margins and expenses from revenue to net income.

6 min read
25ŞİRKET ANALİZİ

How to read a cash-flow statement

Analyze earnings conversion and the investment-funding balance.

6 min read
26ŞİRKET ANALİZİ

What is EBITDA and what does it miss?

Measure operations without overlooking debt and investment needs.

6 min read
27ŞİRKET ANALİZİ

What is earnings per share?

Understand net income per share and dilution.

6 min read
28ŞİRKET ANALİZİ

What is return on equity?

Evaluate ROE with leverage, margins and asset efficiency.

6 min read
29TAHVİL

Bond prices and interest rates

Understand why bond prices fall when yields rise.

6 min read
30TAHVİL

What is the yield curve?

Read growth and inflation signals from short- and long-term yields.

6 min read
31TAHVİL

What is a Eurobond?

Coupons, pricing, sovereign risk and tax context for foreign-currency bonds.

6 min read
32FONLAR

What is a money market fund?

Short-term instruments, liquidity, settlement and net-return dynamics.

6 min read
33FONLAR

What is a bond fund?

Learn how rate and duration risk affect fund prices.

6 min read
34FONLAR

What is a flexible fund?

Understand active allocation opportunities and manager risk.

6 min read
35FONLAR

What is fund settlement?

Understand the price and date used for fund orders.

6 min read
36FONLAR

How fund fees affect returns

Measure the long-term compounding impact of fund expenses.

6 min read
37BANKACILIK

How is deposit interest calculated?

Calculate net return from principal, days, gross rate and withholding.

6 min read
38BANKACILIK

What is the effective loan rate?

Compare the true borrowing cost including fees and taxes.

6 min read
39BANKACILIK

What is a participation profit share?

Learn how profit sharing, maturity and indicative rates work.

6 min read
40BANKACILIK

What is the loan-deposit spread?

Understand the gap between bank funding cost and loan pricing.

6 min read
41ENFLASYON

How to read inflation data

Separate monthly, annual, core and seasonal effects.

6 min read
42ENFLASYON

What is the real interest rate?

Calculate real return from nominal rates and inflation expectations.

6 min read
43MAKRO

How to read GDP data

Review contributions from consumption, investment, government and trade.

6 min read
44MAKRO

How jobs data moves markets

How unemployment, wages and participation affect rate expectations.

6 min read
45MAKRO

What is a current-account deficit?

Read trade, energy costs and financing quality together.

6 min read
46PETROL

Brent vs WTI

How quality, delivery points and logistics shape the benchmarks.

6 min read
47ENERJİ

What drives natural-gas prices?

Review weather, storage, LNG flows and production balance.

6 min read
48TARIM

What drives wheat prices?

The link between weather, exports, stocks and food inflation.

6 min read
49TARIM

What drives corn prices?

The role of feed, ethanol, weather and planted acreage.

6 min read
50KRİPTO

What is Ethereum?

Learn smart contracts, network fees, staking and key risks.

6 min read
51KRİPTO

What is a stablecoin?

Understand reserves, pegs and counterparty risk.

6 min read
52KRİPTO

What is a crypto wallet?

Custody, private keys and hot-versus-cold wallets.

6 min read
53RİSK

What is portfolio diversification?

Learn how combining assets can reduce shared risk exposure.

6 min read
54RİSK

What is volatility?

Read price variability alongside horizon and loss risk.

6 min read
55RİSK

What is a stop-loss order?

Understand triggers, price gaps and liquidity risk.

6 min read
56RİSK

What is leverage?

Learn how small collateral magnifies gains and losses.

6 min read
57HALKA ARZ

How is an IPO priced?

Review valuation, bookbuilding and share-sale methods.

6 min read
58HALKA ARZ

What is IPO allocation?

Understand share allocation across retail and institutional groups.

6 min read
59KİŞİSEL FİNANS

What is compound return?

Calculate the long-term effect of reinvesting returns.

6 min read
60KİŞİSEL FİNANS

How to build an emergency fund

A framework for liquidity, expense coverage and low-risk instruments.

6 min read
61ALTIN

Why is gold up or down today?

Decode gold's daily move through spot gold, USD/TRY, real yields, the dollar and safe-haven demand.

9 min read
62DÖVİZ

Why is USD/TRY up or down today?

Read USD/TRY through inflation, rate differentials, reserves, the global dollar and market liquidity.

9 min read
63GÜMÜŞ

Why is silver up or down today?

Explain silver's daily move through gold, industrial demand, the dollar, real yields and the FX effect on gram silver.

8 min read
64BORSA

Why is the BIST 100 up or down today?

Analyze the BIST 100 through index weights, banks, industrials, rates, FX, foreign flows and news.

9 min read
65KRİPTO

Why is Bitcoin up or down today?

Read Bitcoin's daily move through liquidity, ETF flows, liquidations, the dollar and on-chain data.

9 min read
66MERKEZ BANKALARI

When are central-bank rate decisions and how should you track them?

Verify TCMB, Fed and ECB decisions on official calendars, then read expectations, statements and market impact together.

10 min read