Xenia Hotels Correlations
| 0XHR Stock | EUR 14.30 0.70 4.67% |
The current 90-days correlation between Xenia Hotels Resorts and Sunstone Hotel Investors is 0.02 (i.e., Significant diversification). The correlation of Xenia 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.
Xenia Hotels Correlation With Market
Average diversification
The correlation between Xenia Hotels Resorts and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Xenia Hotels Resorts and DJI in the same portfolio, assuming nothing else is changed.
Xenia |
The ability to find closely correlated positions to Xenia 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 Xenia 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 Xenia 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 Xenia Hotels Resorts to buy it.
Moving together with Xenia Stock
| 0.92 | HMT | Host Hotels Resorts | PairCorr |
| 0.84 | 4RH | Ryman Hospitality | PairCorr |
| 0.81 | HIP | Park Hotels Resorts | PairCorr |
| 0.82 | PD0 | Pebblebrook Hotel Trust | PairCorr |
| 0.88 | UF2 | Sunstone Hotel Investors | PairCorr |
| 0.69 | SDP | Summit Hotel Properties | PairCorr |
| 0.82 | NSE | Nomura Holdings | PairCorr |
| 0.88 | 7PI | Poste Italiane SpA | PairCorr |
| 0.76 | 7RY | Ryerson Holding | PairCorr |
| 0.79 | 3O8 | Omeros | PairCorr |
| 0.7 | 8II | PLAYTIKA HOLDING | PairCorr |
| 0.84 | SAP | SAP SE | PairCorr |
| 0.78 | BN9 | The Bank | PairCorr |
| 0.76 | E908 | Lyxor 1 | PairCorr |
| 0.65 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Xenia Stock
| 0.75 | AZ6 | EuropaCorp | PairCorr |
| 0.73 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.65 | HPO | Service Properties Trust | PairCorr |
| 0.55 | QB3 | Quebecor | PairCorr |
| 0.54 | GHDN | Brainstorm Cell Ther Split | PairCorr |
| 0.49 | AHD | ASHFORD HOSPITTRUST Split | PairCorr |
| 0.43 | C4X | Onxeo SA | PairCorr |
| 0.42 | PP1 | Papa Johns International | PairCorr |
Related Correlations Analysis
| 0.91 | 0.92 | 0.69 | -0.42 | HMT | ||
| 0.91 | 0.88 | 0.73 | -0.38 | UF2 | ||
| 0.92 | 0.88 | 0.69 | -0.49 | 0XHR | ||
| 0.69 | 0.73 | 0.69 | 0.11 | SDP | ||
| -0.42 | -0.38 | -0.49 | 0.11 | AHD | ||
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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 Xenia Stock performing well and Xenia 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 Xenia 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HMT | 1.14 | 0.16 | 0.11 | 0.16 | 1.11 | 2.47 | 11.81 | |||
| UF2 | 1.31 | 0.33 | 0.21 | 0.25 | 1.01 | 3.82 | 10.78 | |||
| 0XHR | 1.51 | 0.29 | 0.17 | 1.06 | 1.25 | 4.93 | 9.49 | |||
| SDP | 1.61 | 0.14 | 0.08 | 0.11 | 1.44 | 4.74 | 12.05 | |||
| AHD | 1.74 | (0.61) | 0.00 | 2.82 | 0.00 | 3.17 | 20.47 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Xenia 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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Xenia Hotels Corporate Management
Elected by the shareholders, the Xenia Hotels' board of directors comprises two types of representatives: Xenia Hotels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Xenia. The board's role is to monitor Xenia Hotels' management team and ensure that shareholders' interests are well served. Xenia 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, Xenia Hotels' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Taylor Kessel | Gen VP | Profile | |
| Shamir Kanji | VP Investments | Profile | |
| Arsheena Khan | VP HR | Profile | |
| Thomas Brennan | VP Management | Profile | |
| Curtis Campbell | VP Controller | Profile |