Airbnb Correlations
| ABNB Stock | USD 125.26 1.25 1.01% |
The current 90-days correlation between Airbnb Inc and Norwegian Cruise Line is 0.71 (i.e., Poor diversification). The correlation of Airbnb 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airbnb Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Moving together with Airbnb Stock
| 0.93 | EXPE | Expedia Group | PairCorr |
| 0.8 | CCL | Carnival | PairCorr |
| 0.81 | RCL | Royal Caribbean Cruises | PairCorr |
| 0.91 | TNL | Travel Leisure | PairCorr |
| 0.83 | VIK | Viking Holdings | PairCorr |
| 0.74 | YTRA | Yatra Online | PairCorr |
| 0.69 | ISPOW | Thayer Ventures Acqu | PairCorr |
| 0.79 | LIND | Lindblad Expeditions | PairCorr |
| 0.8 | NCLH | Norwegian Cruise Line | PairCorr |
| 0.81 | SABR | Sabre Corpo | PairCorr |
| 0.7 | BKNG | Booking Holdings | PairCorr |
| 0.75 | TRIP | TripAdvisor Earnings Call This Week | PairCorr |
| 0.74 | J | Jacobs Solutions | PairCorr |
| 0.91 | R | Ryder System Earnings Call This Week | PairCorr |
| 0.61 | BA | Boeing | PairCorr |
| 0.72 | BE | Bloom Energy Corp Earnings Call This Week | PairCorr |
| 0.78 | BW | Babcock Wilcox Enter Earnings Call This Week | PairCorr |
| 0.78 | CP | Canadian Pacific Railway | PairCorr |
| 0.78 | CR | Crane Company | PairCorr |
| 0.61 | DE | Deere Company | PairCorr |
| 0.77 | EH | Ehang Holdings | PairCorr |
| 0.67 | FA | First Advantage Corp Earnings Call This Week | PairCorr |
| 0.75 | FC | Franklin Covey | PairCorr |
| 0.7 | GE | GE Aerospace | PairCorr |
| 0.84 | HI | Hillenbrand | PairCorr |
Moving against Airbnb Stock
Related Correlations Analysis
| 0.93 | 0.82 | 0.49 | 0.94 | 0.99 | NCLH | ||
| 0.93 | 0.8 | 0.69 | 0.91 | 0.96 | RCL | ||
| 0.82 | 0.8 | 0.67 | 0.8 | 0.82 | EXPE | ||
| 0.49 | 0.69 | 0.67 | 0.46 | 0.55 | BKNG | ||
| 0.94 | 0.91 | 0.8 | 0.46 | 0.95 | TRIP | ||
| 0.99 | 0.96 | 0.82 | 0.55 | 0.95 | CCL | ||
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Risk-Adjusted Indicators
There is a big difference between Airbnb Stock performing well and Airbnb 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 Airbnb'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NCLH | 2.87 | (0.69) | 0.00 | 1.41 | 0.00 | 4.04 | 27.58 | |||
| RCL | 2.49 | (0.17) | 0.00 | 0.35 | 0.00 | 4.60 | 24.39 | |||
| EXPE | 2.42 | (0.02) | 0.03 | (0.01) | 3.31 | 4.27 | 26.49 | |||
| BKNG | 1.70 | 0.18 | 0.13 | (3.11) | 2.01 | 3.62 | 13.83 | |||
| TRIP | 2.57 | (0.40) | 0.00 | 4.65 | 0.00 | 4.12 | 27.46 | |||
| CCL | 2.74 | (0.49) | 0.00 | 0.92 | 0.00 | 4.62 | 27.75 |
Airbnb Corporate Management
| Tara Bunch | Global Operations | Profile | |
| Brian Chesky | CEO, CoFounder | Profile | |
| Aristotle Balogh | Chief Officer | Profile | |
| David Bernstein | Chief Officer | Profile | |
| Hiroki Asai | Global Marketing | Profile | |
| David Stephenson | Chief Experience | Profile | |
| Vijayabharathi Kaza | Chief Science | Profile |