Park Hotels Correlations
| PK Stock | USD 15.56 0.20 1.30% |
The current 90-days correlation between Park Hotels Resorts and Diamondrock Hospitality is 0.8 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Park Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Park Hotels Resorts moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Park Hotels Correlation With Market
Poor diversification
The correlation between Park Hotels Resorts and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Park Hotels Resorts and DJI in the same portfolio, assuming nothing else is changed.
Park |
Moving together with Park Stock
Moving against Park Stock
| 0.5 | O | Realty Income | PairCorr |
| 0.43 | AMT | American Tower Corp | PairCorr |
| 0.42 | WHLR | Wheeler Real Estate | PairCorr |
| 0.33 | VICI | VICI Properties | PairCorr |
| 0.37 | CCI | Crown Castle Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.32 | DHC | Diversified Healthcare | PairCorr |
| 0.31 | DEA | Eerly Govt Ppty | PairCorr |
Related Correlations Analysis
| 0.91 | 0.34 | 0.83 | 0.77 | 0.2 | 0.07 | DRH | ||
| 0.91 | 0.14 | 0.68 | 0.67 | 0.06 | 0.02 | RHP | ||
| 0.34 | 0.14 | 0.59 | 0.54 | 0.79 | -0.09 | PEB | ||
| 0.83 | 0.68 | 0.59 | 0.64 | 0.44 | -0.04 | SHO | ||
| 0.77 | 0.67 | 0.54 | 0.64 | 0.32 | 0.31 | RLJ | ||
| 0.2 | 0.06 | 0.79 | 0.44 | 0.32 | -0.17 | INN | ||
| 0.07 | 0.02 | -0.09 | -0.04 | 0.31 | -0.17 | HT | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Park Stock performing well and Park 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 Park 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DRH | 1.14 | (0.07) | (0.01) | 0.07 | 1.28 | 2.25 | 9.19 | |||
| RHP | 1.03 | 0.07 | 0.07 | 0.18 | 0.88 | 1.94 | 7.06 | |||
| PEB | 1.66 | (0.12) | (0.01) | 0.05 | 1.85 | 3.92 | 10.70 | |||
| SHO | 1.15 | (0.09) | (0.04) | 0.05 | 1.31 | 3.05 | 7.79 | |||
| RLJ | 1.15 | (0.01) | 0.00 | 0.11 | 1.21 | 2.42 | 9.84 | |||
| INN | 1.43 | (0.23) | 0.00 | (0.02) | 0.00 | 3.37 | 10.45 | |||
| HT | 1.39 | (0.10) | 0.00 | (0.86) | 0.00 | 3.28 | 9.17 |
Park Hotels Corporate Management
| Scott Winer | Senior Tax | Profile | |
| Timothy Naughton | Independent Director | Profile | |
| Jill Olander | Executive Vice President - Human Resources | Profile | |
| Darren Robb | Senior Officer | Profile |