Braemar Hotels & Resorts Inc. Common Stock (BHR) — Stock Correlations & Overview
Over the past year, BHR has moved most closely with ROSC, APLE, RIET. Explore the stocks most correlated and inversely correlated with BHR below, along with its price, financials, and company profile.
Stocks correlated with BHR
Correlation of daily returns. Higher positive values move with BHR; negative values move opposite it. Informational only, not investment advice.
Most correlated with BHR
| Symbol | Company | Correlation |
|---|---|---|
| ROSC | Hartford Multifactor Small Cap ETF | 0.39 |
| APLE | Apple Hospitality REIT, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.39 |
| RIET | Hoya Capital High Dividend Yield ETF | 0.39 |
| INN | Summit Hotel Properties, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.38 |
| FYT | First Trust Small Cap Value AlphaDEX Fund | 0.38 |
Most inversely correlated with BHR
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.32 |
| SDD | ProShares UltraShort SmallCap600 | -0.30 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.30 |
| SBB | ProShares Short SmallCap600 | -0.30 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.30 |
Frequently asked questions about BHR correlations
- Which stocks are most correlated with BHR?
- Based on one year of daily returns, the stocks most correlated with Braemar Hotels & Resorts Inc. Common Stock (BHR) are ROSC (0.39), APLE (0.39) and RIET (0.39). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with BHR?
- Over the past year, the stocks most inversely correlated with Braemar Hotels & Resorts Inc. Common Stock (BHR) are EMTY (-0.32), SDD (-0.30) and FLYD (-0.30). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these BHR correlations calculated?
- We compute the correlation of daily returns between BHR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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