LuxUrban Hotels Correlations

LUXH Stock

0.62 0.04 6.06%

The current 90-days correlation between LuxUrban Hotels and The Intergroup is 0.07 (i.e., Significant diversification). The correlation of LuxUrban Hotels 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.

LuxUrban Hotels Correlation With Market

Significant diversification

The correlation between LuxUrban Hotels and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LuxUrban Hotels and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LuxUrban Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more detail on how to invest in LuxUrban Stock please use our How to Invest in LuxUrban Hotels guide.

Moving together with LuxUrban Stock

0.82	WING	Wingstop	Pair Corr
0.88	EJH	E Home Household	Pair Corr
0.62	GTIM	Good Times Restaurants	Pair Corr
0.78	LOCO	El Pollo Loco	Pair Corr
0.79	PTLO	Portillos	Pair Corr
0.91	REBN	Reborn Coffee	Pair Corr

Moving against LuxUrban Stock

0.94	EAT	Brinker International	Pair Corr
0.92	WH	Wyndham Hotels Resorts	Pair Corr
0.89	CHH	Choice Hotels Intern	Pair Corr
0.89	IHG	InterContinental Hotels	Pair Corr
0.89	MAR	Marriott International	Pair Corr
0.87	BYD	Boyd Gaming	Pair Corr
0.87	HLT	Hilton Worldwide Holdings	Pair Corr
0.85	BH	Biglari Holdings	Pair Corr
0.82	KRUS	Kura Sushi USA	Pair Corr
0.77	DPZ	Dominos Pizza	Pair Corr
0.75	CMG	Chipotle Mexican Grill	Pair Corr
0.75	FWRG	First Watch Restaurant	Pair Corr
0.73	LIND	Lindblad Expeditions	Pair Corr
0.7	XPOF	Xponential Fitness	Pair Corr
0.62	SG	Sweetgreen	Pair Corr
0.54	H	Hyatt Hotels	Pair Corr
0.49	DIN	Dine Brands Global	Pair Corr
0.4	YUM	Yum Brands	Pair Corr
0.88	CAKE	The Cheesecake Factory	Pair Corr
0.86	SHAK	Shake Shack	Pair Corr
0.82	RAVE	Rave Restaurant Group	Pair Corr
0.82	TXRH	Texas Roadhouse	Pair Corr
0.79	PLNT	Planet Fitness	Pair Corr
0.78	RICK	RCI Hospitality Holdings	Pair Corr
0.74	CBRL	Cracker Barrel Old	Pair Corr
0.73	BJRI	BJs Restaurants	Pair Corr
0.69	NATH	Nathans Famous	Pair Corr
0.67	CAVA	CAVA Group,	Pair Corr
0.41	ATAT	Atour Lifestyle Holdings	Pair Corr
0.36	PLAY	Dave Busters Enterta Buyout Trend	Pair Corr
0.31	CHSN	Chanson International	Pair Corr

Related Correlations Analysis

	GHG	IHG	ATAT	HTHT	INTG	SHCO	H	CHH
GHG		-0.02	0.77	0.94	-0.36	0.19	0.06	0.03	GHG
IHG	-0.02		0.47	0.02	-0.74	-0.49	0.72	0.92	IHG
ATAT	0.77	0.47		0.82	-0.7	-0.08	0.45	0.45	ATAT
HTHT	0.94	0.02	0.82		-0.44	0.21	0.1	0.11	HTHT
INTG	-0.36	-0.74	-0.7	-0.44		0.23	-0.58	-0.84	INTG
SHCO	0.19	-0.49	-0.08	0.21	0.23		-0.53	-0.33	SHCO
H	0.06	0.72	0.45	0.1	-0.58	-0.53		0.57	H
CHH	0.03	0.92	0.45	0.11	-0.84	-0.33	0.57		CHH
	GHG	IHG	ATAT	HTHT	INTG	SHCO	H	CHH

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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

HTHT	+ 0.94	GHG
CHH	+ 0.92	IHG
HTHT	+ 0.82	ATAT
ATAT	+ 0.77	GHG
H	+ 0.72	IHG
CHH	+ 0.57	H

High negative correlations

CHH	- 0.84	INTG
INTG	- 0.74	IHG
INTG	- 0.7	ATAT
H	- 0.58	INTG
H	- 0.53	SHCO
SHCO	- 0.49	IHG

Risk-Adjusted Indicators

There is a big difference between LuxUrban Stock performing well and LuxUrban Hotels 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 LuxUrban Hotels' 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
GHG	2.60	0.25	0.03	(0.31)	2.42	(3.63)	6.69	(4.81)	20.48
IHG	0.88	0.23	0.22	0.30	0.62	(0.99)	2.01	(1.22)	7.04
ATAT	2.21	0.55	0.19	1.87	2.13	(2.63)	5.35	(3.75)	19.65
HTHT	2.37	0.33	0.06	(0.40)	2.26	(2.94)	6.69	(3.62)	24.08
INTG	1.83	(0.33)	0.00	0.49	0.00	0.00	3.63	(4.79)	12.40
SHCO	2.02	(0.23)	0.00	(0.09)	0.00	0.00	4.57	(5.38)	15.36
H	1.40	0.22	0.04	(0.77)	2.04	(1.34)	2.80	(3.06)	11.34
CHH	1.07	0.19	0.14	0.30	1.05	(1.21)	2.47	(2.62)	10.39

LuxUrban Hotels Corporate Management

Karl Rothman	Chief Officer	Profile
Matthew Ulmann	Corporate Secretary	Profile
Lieutenant Gurfein	Pres COO	Profile
Michael James	Chief Officer	Profile
Jimmie Chatmon	Exec Director	Profile
Robert Arigo	Chief Officer	Profile
Edward Rogers	Head Partner	Profile

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