Marriott International Correlations
| M1TT34 Stock | 307.13 3.71 1.22% |
The correlation of Marriott International 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marriott International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marriott International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Marriott International and NYA is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marriott International and NYA in the same portfolio, assuming nothing else is changed.
Marriott |
The ability to find closely correlated positions to Marriott International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marriott International 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 Marriott International - 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 Marriott International to buy it.
Moving together with Marriott Stock
Moving against Marriott Stock
Related Correlations Analysis
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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 Marriott Stock performing well and Marriott International 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 Marriott International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LEVE3 | 1.50 | 0.17 | 0.03 | (0.46) | 2.25 | 2.37 | 19.90 | |||
| BOTZ39 | 0.95 | 0.15 | 0.06 | 1.45 | 1.17 | 1.81 | 7.37 | |||
| CHCM34 | 1.47 | (0.03) | 0.00 | 0.28 | 0.00 | 3.09 | 8.59 | |||
| N1XP34 | 1.19 | 0.31 | 0.12 | (2.08) | 1.07 | 3.26 | 9.24 | |||
| TSMC34 | 1.71 | 0.38 | 0.13 | (0.78) | 1.85 | 4.57 | 10.80 | |||
| Z1OM34 | 1.18 | 0.12 | 0.02 | (0.58) | 1.50 | 2.94 | 9.52 | |||
| G2DI33 | 1.65 | 0.35 | 0.14 | (3.47) | 1.53 | 4.98 | 10.76 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Marriott International 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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Marriott International Corporate Management
Elected by the shareholders, the Marriott International's board of directors comprises two types of representatives: Marriott International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marriott. The board's role is to monitor Marriott International's management team and ensure that shareholders' interests are well served. Marriott International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marriott International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Brown | Group Canada | Profile | |
| Anthony Capuano | CEO Director | Profile | |
| Erika Alexander | Chief Operations | Profile | |
| Craig Smith | Group Division | Profile | |
| Kathleen Oberg | CFO Operations | Profile | |
| Jackie McConagha | VP Relations | Profile | |
| Tricia Primrose | Ex Officer | Profile |
Already Invested in Marriott International?
The danger of trading Marriott International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Marriott International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Marriott International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Marriott International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Marriott International is a strong investment it is important to analyze Marriott International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Marriott International's future performance. For an informed investment choice regarding Marriott Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marriott International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Marriott Stock refer to our How to Trade Marriott Stock guide.Note that the Marriott International information on this page should be used as a complementary analysis to other Marriott International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Marriott Stock analysis
When running Marriott International's price analysis, check to measure Marriott International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marriott International is operating at the current time. Most of Marriott International's value examination focuses on studying past and present price action to predict the probability of Marriott International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marriott International's price. Additionally, you may evaluate how the addition of Marriott International to your portfolios can decrease your overall portfolio volatility.
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