Marriot Int Correlations

MAR
 Stock
  

USD 165.35  4.09  2.54%   

The correlation of Marriot Int is a statistical measure of how it moves in relation to other equities. 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 Marriot Int moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marriot Int Cl 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.
Additionally, see Correlation Analysis.
  
The ability to find closely correlated positions to Marriot Int could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marriot Int 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 Marriot Int - 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 Marriot Int Cl to buy it.

Moving together with Marriot Int

+0.69CCLCarnival Corp Fiscal Year End 19th of December 2022 PairCorr
+0.69EXPEExpedia GroupPairCorr
+0.94HHyatt Hotels CorpPairCorr
+0.95HLTHilton IncPairCorr
+0.93HSTHost Marriott Financial Potential GrowthPairCorr
+0.9MGMMGM Resorts InternationalPairCorr
+0.66NCLHNorwegian Cruise OrdPairCorr
+0.64RCLRoyal Caribbean CruisesPairCorr
+0.68SAVESpirit AirlinesPairCorr

Related Correlations

CCL
GIGM
HST
MGM
MMYT
NCLH
CCL
0.380.50.540.310.57
CCL
GIGM
0.380.140.00.78-0.35
GIGM
HST
0.50.140.88-0.190.68
HST
MGM
0.540.00.88-0.180.79
MGM
MMYT
0.310.78-0.19-0.18-0.48
MMYT
NCLH
0.57-0.350.680.79-0.48
NCLH
CCL
GIGM
HST
MGM
MMYT
NCLH
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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
MGMHST
NCLHMGM
MMYTGIGM
NCLHHST
NCLHCCL
MGMCCL
  
High negative correlations   
NCLHMMYT
NCLHGIGM
MMYTHST
MMYTMGM
MGMGIGM

Marriot Int Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Marriot Stock performing well and Marriot Int company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Marriot Int's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Marriot Int 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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Marriot Int Corporate Directors

Marriot Int corporate directors refer to members of a Marriot Int board of directors. The board of directors generally takes responsibility for the Marriot Int's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Marriot Int's board members must vote for the resolution. The Marriot Int board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mary Bush - Independent DirectorProfile
Lawrence Kellner - Lead Independent DirectorProfile
Steven Reinemund - Independent DirectorProfile
Frederick Henderson - Independent DirectorProfile

Invested in Marriot Int Cl?

The danger of trading Marriot Int Cl 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 Marriot Int 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 Marriot Int. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Marriot Int Cl 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.
Additionally, see Correlation Analysis. Note that the Marriot Int Cl information on this page should be used as a complementary analysis to other Marriot Int'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Marriot Stock analysis

When running Marriot Int Cl price analysis, check to measure Marriot Int'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 Marriot Int is operating at the current time. Most of Marriot Int's value examination focuses on studying past and present price action to predict the probability of Marriot Int's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marriot Int's price. Additionally, you may evaluate how the addition of Marriot Int to your portfolios can decrease your overall portfolio volatility.
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Is Marriot Int's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marriot Int. If investors know Marriot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marriot Int listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.9
Market Capitalization
50.3 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0778
Return On Equity
2.17
The market value of Marriot Int Cl is measured differently than its book value, which is the value of Marriot that is recorded on the company's balance sheet. Investors also form their own opinion of Marriot Int's value that differs from its market value or its book value, called intrinsic value, which is Marriot Int's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marriot Int's market value can be influenced by many factors that don't directly affect Marriot Int's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marriot Int's value and its price as these two are different measures arrived at by different means. Investors typically determine Marriot Int value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marriot Int's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.