Whitbread PLC Correlations

WTBDY Stock

USD 9.39 0.17 1.84%

The current 90-days correlation between Whitbread PLC ADR and Accor SA is -0.04 (i.e., Good diversification). The correlation of Whitbread PLC 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.

Whitbread PLC Correlation With Market

Good diversification

The correlation between Whitbread PLC ADR and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Whitbread PLC ADR and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Whitbread PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitbread PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whitbread PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whitbread PLC ADR to buy it.

Moving against Whitbread Pink Sheet

0.75	IHG	InterContinental Hotels	Pair Corr
0.75	WH	Wyndham Hotels Resorts	Pair Corr
0.7	ICHGF	InterContinental Hotels	Pair Corr
0.7	CHH	Choice Hotels Intern	Pair Corr
0.68	MAR	Marriott International	Pair Corr
0.66	HLT	Hilton Worldwide Holdings	Pair Corr
0.37	WTBCF	Whitbread plc	Pair Corr
0.36	ACRFF	Accor SA	Pair Corr
0.35	ACCYY	Accor SA	Pair Corr
0.35	MET	MetLife	Pair Corr
0.84	AXON	Axon Enterprise	Pair Corr
0.8	MSTR	MicroStrategy Incorporated Buyout Trend	Pair Corr
0.8	TSLA	Tesla Inc Aggressive Push	Pair Corr
0.8	GLBE	Global E Online	Pair Corr
0.78	MTLS	Materialise NV	Pair Corr
0.77	OPRA	Opera	Pair Corr
0.72	SECYF	Secure Energy Services	Pair Corr
0.69	KULR	KULR Technology Group Aggressive Push	Pair Corr
0.67	ORCL	Oracle	Pair Corr
0.66	KODK	Eastman Kodak	Pair Corr
0.65	CRDO	Credo Technology	Pair Corr
0.61	VST	Vistra Energy Corp	Pair Corr
0.59	BLK	BlackRock Fiscal Year End 10th of January 2025	Pair Corr
0.58	TKO	TKO Group Holdings,	Pair Corr
0.47	SNAP	Snap Inc	Pair Corr
0.36	AAPL	Apple Inc Aggressive Push	Pair Corr
0.85	DIS	Walt Disney Sell-off Trend	Pair Corr
0.84	FDP	Fresh Del Monte	Pair Corr
0.79	COIN	Coinbase Global	Pair Corr
0.78	KOPN	Kopin	Pair Corr
0.78	KTB	Kontoor Brands	Pair Corr
0.76	TATT	Tat Techno	Pair Corr

Related Correlations Analysis

	MAR	HLT	IHG	ACCYY	ACRFF	WH	CHH
MAR		0.99	0.97	0.76	0.68	0.92	0.95	MAR
HLT	0.99		0.97	0.75	0.67	0.9	0.94	HLT
IHG	0.97	0.97		0.75	0.64	0.93	0.93	IHG
ACCYY	0.76	0.75	0.75		0.8	0.78	0.71	ACCYY
ACRFF	0.68	0.67	0.64	0.8		0.75	0.66	ACRFF
WH	0.92	0.9	0.93	0.78	0.75		0.94	WH
CHH	0.95	0.94	0.93	0.71	0.66	0.94		CHH
	MAR	HLT	IHG	ACCYY	ACRFF	WH	CHH

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Risk-Adjusted Indicators

There is a big difference between Whitbread Pink Sheet performing well and Whitbread PLC 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 Whitbread PLC'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
MAR	0.94	0.23	0.21	0.28	0.70	(1.01)	2.12	(1.60)	8.31
HLT	0.79	0.17	0.16	0.27	0.78	(0.87)	2.06	(1.49)	7.85
IHG	0.87	0.24	0.23	0.32	0.61	(0.98)	2.01	(1.22)	7.04
ACCYY	1.42	0.15	0.06	0.36	1.67	(1.61)	3.31	(2.45)	10.26
ACRFF	0.71	0.22	0.04	(1.14)	0.49	(3.54)	3.24	(1.39)	9.20
WH	1.14	0.34	0.30	0.41	0.71	(1.45)	2.76	(1.91)	12.06
CHH	1.07	0.17	0.13	0.28	1.04	(1.22)	2.47	(2.62)	10.39

Be your own money manager

Our tools can tell you how much better you can do entering a position in Whitbread PLC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Whitbread PLC Corporate Management

Simon Ewins	Managing Restaurants	Profile
Peter Reynolds	Director Relations	Profile
Simon Jones	MD Director	Profile
Hemant Patel	CFO Director	Profile
Nigel Jones	Group Director	Profile
Mark MBA	Managing International	Profile
Clefton Vaughan	G Sec	Profile

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