Marriott International Correlations

MAR Stock

USD 242.92 5.43 2.29%

The current 90-days correlation between Marriott International and Hilton Worldwide Holdings is 0.8 (i.e., Very poor diversification). The correlation of Marriott International 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Marriott International Correlation With Market

Significant diversification

The correlation between Marriott International and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marriott International 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 Marriott International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Marriott Stock, please use our How to Invest in Marriott International guide.

Moving together with Marriott Stock

0.67	H	Hyatt Hotels	Pair Corr
0.78	WH	Wyndham Hotels Resorts	Pair Corr
0.64	WING	Wingstop	Pair Corr
0.61	FLUT	Flutter Entertainment plc	Pair Corr
0.81	BYD	Boyd Gaming	Pair Corr
0.74	CCL	Carnival Earnings Call Today	Pair Corr
0.78	CHH	Choice Hotels Intern	Pair Corr
0.67	CSV	Carriage Services	Pair Corr
0.91	CUK	Carnival Plc ADS	Pair Corr
0.89	CZR	Caesars Entertainment	Pair Corr
0.64	EAT	Brinker International	Pair Corr
0.78	FWRG	First Watch Restaurant	Pair Corr
0.76	XPOF	Xponential Fitness Downward Rally	Pair Corr
0.85	RCL	Royal Caribbean Cruises	Pair Corr
0.84	RGS	Regis Common	Pair Corr

Moving against Marriott Stock

0.61	EJH	E Home Household	Pair Corr
0.61	QSR	Restaurant Brands	Pair Corr
0.36	LNW	Light Wonder	Pair Corr
0.32	MCD	McDonalds	Pair Corr

Related Correlations Analysis

	H	IHG	CHH	WH	HLT	HTHT
H		0.64	0.67	0.63	0.46	-0.69	H
IHG	0.64		0.77	0.76	0.85	-0.56	IHG
CHH	0.67	0.77		0.9	0.82	-0.36	CHH
WH	0.63	0.76	0.9		0.87	-0.28	WH
HLT	0.46	0.85	0.82	0.87		-0.17	HLT
HTHT	-0.69	-0.56	-0.36	-0.28	-0.17		HTHT
	H	IHG	CHH	WH	HLT	HTHT

Click cells to compare fundamentals

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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

WH	+ 0.9	CHH
HLT	+ 0.87	WH
HLT	+ 0.85	IHG
HLT	+ 0.82	CHH
CHH	+ 0.77	IHG
WH	+ 0.76	IHG

High negative correlations

HTHT	- 0.69	H
HTHT	- 0.56	IHG
HTHT	- 0.36	CHH
HTHT	- 0.28	WH
HTHT	- 0.17	HLT

Risk-Adjusted Indicators

There is a big difference between Marriott Stock performing well and Marriott International 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 Marriott International's 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
H	1.51	(0.34)	0.00	(0.39)	0.00	0.00	2.86	(3.94)	14.00
IHG	0.96	(0.21)	0.00	(1.08)	0.00	0.00	1.92	(2.67)	6.84
CHH	1.15	(0.13)	0.00	(0.33)	0.00	0.00	2.03	(2.36)	11.03
WH	1.23	(0.14)	0.00	(0.19)	0.00	0.00	2.20	(3.98)	7.32
HLT	1.15	(0.13)	0.00	(0.95)	0.00	0.00	2.30	(3.05)	8.20
HTHT	1.76	0.19	0.10	9.57	1.96	(1.87)	3.73	(3.58)	8.91

Marriott International Corporate Management

William Brown	Group Canada	Profile
Richard Hoffman	Acquisitions Mergers	Profile
Erika Alexander	Chief Operations	Profile
Rena JD	Executive Counsel	Profile
Jackie McConagha	Senior Relations	Profile
Benjamin Breland	Executive Officer	Profile

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