Hyatt Hotels Correlations
| 1HTA Stock | EUR 126.05 0.55 0.43% |
The current 90-days correlation between Hyatt Hotels and Microchip Technology Incorporated is 0.21 (i.e., Modest diversification). The correlation of Hyatt 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.
Hyatt Hotels Correlation With Market
Weak diversification
The correlation between Hyatt Hotels and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hyatt Hotels and DJI in the same portfolio, assuming nothing else is changed.
Hyatt |
The ability to find closely correlated positions to Hyatt Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyatt Hotels 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 Hyatt Hotels - 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 Hyatt Hotels to buy it.
Moving together with Hyatt Stock
| 0.9 | MAQ | Marriott International | PairCorr |
| 0.94 | HI91 | Hilton Worldwide Holdings Earnings Call This Week | PairCorr |
| 0.71 | IC1H | InterContinental Hotels | PairCorr |
| 0.69 | IC1B | INTERCONT HOTELS | PairCorr |
| 0.9 | ACR1 | ACCOR SPADR NEW Earnings Call This Week | PairCorr |
| 0.88 | ACR | Accor SA | PairCorr |
| 0.73 | 6FO | GOODTECH ASA A | PairCorr |
| 0.91 | CJ8A | CARGOJET INC VAR | PairCorr |
| 0.8 | 7EL | Elis SA | PairCorr |
| 0.76 | PP1 | Papa Johns International | PairCorr |
| 0.63 | 99Q | ENTREPARTICULIERS EO | PairCorr |
| 0.85 | HEI | Heidelberg Materials | PairCorr |
| 0.8 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.87 | E908 | Lyxor 1 | PairCorr |
| 0.84 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Hyatt Stock
| 0.84 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.39 | 9MDA | MEITUAN UNSPADR2B | PairCorr |
| 0.32 | CL4A | H World Group | 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 Hyatt Stock performing well and Hyatt 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 Hyatt 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNM1 | 3.19 | 0.75 | 0.13 | (202.00) | 3.04 | 10.19 | 35.06 | |||
| MCP | 2.44 | 0.88 | 0.36 | 1.63 | 1.73 | 6.55 | 19.59 | |||
| WIQ | 3.15 | 0.70 | 0.14 | (2.36) | 3.33 | 7.86 | 26.99 | |||
| TCW | 1.24 | 0.35 | 0.14 | 2.42 | 1.30 | 2.98 | 8.04 | |||
| HCM | 1.25 | 0.11 | (0.02) | (0.58) | 1.27 | 2.56 | 8.82 | |||
| PO6 | 1.38 | 0.35 | 0.08 | (0.99) | 1.49 | 3.92 | 12.51 | |||
| A35 | 1.51 | 0.02 | (0.04) | 1.58 | 2.38 | 3.18 | 14.95 | |||
| XFB | 2.10 | 0.69 | 0.36 | 0.99 | 1.30 | 4.65 | 17.95 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hyatt Hotels 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.Did you try this?
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Hyatt Hotels Corporate Management
Elected by the shareholders, the Hyatt Hotels' board of directors comprises two types of representatives: Hyatt Hotels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hyatt. The board's role is to monitor Hyatt Hotels' management team and ensure that shareholders' interests are well served. Hyatt Hotels' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hyatt Hotels' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charles Floyd | Ex Operations | Profile | |
| Franziska Weber | VP Communications | Profile | |
| Malaika Myers | Ex Officer | Profile | |
| Deepak Sharma | Director Sales | Profile | |
| Mark Vondrasek | Ex Officer | Profile | |
| Noah Hoppe | VP Analysis | Profile | |
| Margaret Egan | Gen VP | Profile |