Soho House Correlations
SHCO Stock | 6.52 0.14 2.19% |
The current 90-days correlation between Soho House and Wyndham Hotels Resorts is 0.12 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Soho House moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soho House Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Soho House Correlation With Market
Significant diversification
The correlation between Soho House Co and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Soho House Co and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Soho Stock
0.85 | H | Hyatt Hotels Earnings Call Today | PairCorr |
0.71 | WING | Wingstop Earnings Call This Week | PairCorr |
0.88 | CMG | Chipotle Mexican Grill | PairCorr |
0.85 | CSV | Carriage Services Earnings Call This Week | PairCorr |
0.69 | DRI | Darden Restaurants | PairCorr |
0.85 | HLT | Hilton Worldwide Holdings | PairCorr |
0.61 | IHG | InterContinental Hotels | PairCorr |
0.84 | MAR | Marriott International | PairCorr |
0.65 | SCI | Service International Earnings Call This Week | PairCorr |
0.79 | PZZA | Papa Johns International | PairCorr |
0.79 | SBUX | Starbucks Earnings Call This Week | PairCorr |
0.78 | ATAT | Atour Lifestyle Holdings | PairCorr |
0.87 | SHAK | Shake Shack Earnings Call This Week | PairCorr |
0.64 | BLD | Topbuild Corp | PairCorr |
0.66 | RFG | Retail Food Group | PairCorr |
0.85 | GMR | Gaming Realms plc | PairCorr |
0.85 | GH | Gamehost | PairCorr |
Moving against Soho Stock
0.75 | HRB | HR Block | PairCorr |
0.74 | MCD | McDonalds | PairCorr |
0.58 | DPZ | Dominos Pizza Common | PairCorr |
0.53 | WEN | The Wendys Earnings Call This Week | PairCorr |
0.65 | ECDA | ECD Automotive Design | PairCorr |
0.59 | JACK | Jack In | PairCorr |
0.4 | HTHT | Huazhu Group | PairCorr |
0.64 | SPECIALITY | Speciality Restaurants | PairCorr |
0.31 | IXHL | Incannex Healthcare Buyout Trend | PairCorr |
Related Correlations Analysis
0.39 | 0.38 | -0.04 | 0.1 | WH | ||
0.39 | 0.97 | -0.46 | 0.34 | HLT | ||
0.38 | 0.97 | -0.42 | 0.33 | MAR | ||
-0.04 | -0.46 | -0.42 | -0.08 | INTG | ||
0.1 | 0.34 | 0.33 | -0.08 | SONDW | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Soho Stock performing well and Soho House 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 Soho House'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
WH | 1.37 | (0.14) | (0.07) | 0.08 | 1.43 | 3.01 | 6.95 | |||
HLT | 1.12 | 0.43 | 0.18 | (4.42) | 0.77 | 3.11 | 6.54 | |||
MAR | 1.16 | 0.37 | 0.11 | (2.87) | 0.95 | 2.81 | 8.55 | |||
INTG | 3.61 | 0.02 | 0.00 | 0.18 | 0.00 | 9.53 | 32.36 | |||
SONDW | 7.29 | 2.01 | 0.14 | (0.46) | 6.68 | 25.76 | 88.10 |