Playa Hotels Correlations
| PLYA Stock | USD 13.33 0.02 0.15% |
The current 90-days correlation between Playa Hotels Resorts and Golden Entertainment is 0.11 (i.e., Average diversification). The correlation of Playa 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.
Playa Hotels Correlation With Market
Average diversification
The correlation between Playa Hotels Resorts and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Playa Hotels Resorts and DJI in the same portfolio, assuming nothing else is changed.
Playa |
Moving together with Playa Stock
| 0.69 | EM | Smart Share Global | PairCorr |
| 0.7 | EVRI | Everi Holdings | PairCorr |
| 0.75 | AGS | PlayAGS | PairCorr |
| 0.74 | DRI | Darden Restaurants | PairCorr |
| 0.69 | LTH | Life Time Group | PairCorr |
Moving against Playa Stock
| 0.73 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.72 | SG | Sweetgreen | PairCorr |
| 0.72 | WW | WW International | PairCorr |
| 0.56 | DNUT | Krispy Kreme | PairCorr |
| 0.49 | H | Hyatt Hotels | PairCorr |
| 0.45 | WING | Wingstop | PairCorr |
| 0.39 | CCL | Carnival Earnings Call Tomorrow | PairCorr |
| 0.31 | CDROW | Codere Online Luxembourg | PairCorr |
| 0.61 | DIN | Dine Brands Global | PairCorr |
| 0.5 | GAN | Gan | PairCorr |
| 0.39 | CUK | Carnival Plc ADS | PairCorr |
| 0.39 | HRB | HR Block | PairCorr |
| 0.38 | RGS | Regis Common | PairCorr |
Related Correlations Analysis
| 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
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Risk-Adjusted Indicators
There is a big difference between Playa Stock performing well and Playa 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 Playa 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GDEN | 1.46 | (0.19) | 0.00 | (0.24) | 0.00 | 3.22 | 7.66 | |||
| RRR | 1.42 | (0.06) | 0.00 | (0.11) | 0.00 | 2.97 | 9.16 | |||
| CNTY | 2.75 | (1.00) | 0.00 | (1.30) | 0.00 | 5.32 | 30.49 | |||
| MSC | 4.75 | (0.58) | 0.00 | (0.66) | 0.00 | 15.97 | 38.66 | |||
| BALY | 3.61 | 0.14 | 0.06 | (0.14) | 4.92 | 8.32 | 50.30 | |||
| VAC | 1.84 | (0.40) | 0.00 | (0.36) | 0.00 | 3.33 | 13.54 | |||
| BVH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MTN | 1.39 | (0.19) | 0.00 | (0.42) | 0.00 | 2.62 | 9.93 | |||
| MCRI | 1.15 | (0.06) | 0.00 | (0.16) | 0.00 | 1.58 | 11.31 | |||
| MLCO | 2.22 | (0.21) | 0.00 | (0.29) | 0.00 | 4.55 | 13.37 |
Playa Hotels Corporate Management
| CFA CFA | VP Strategy | Profile | |
| Nicolas Valle | Senior Investments | Profile | |
| Pedram CFA | Senior Strategy | Profile | |
| Arieh Goldberger | Senior Accounting | Profile | |
| Eeva Lindroos | Senior Management | Profile |