Wyndham Hotels & Resorts, Inc. Common Stock (WH) — Stock Correlations & Overview
Over the past year, WH has moved most closely with CHH, LPRE, HLT. Explore the stocks most correlated and inversely correlated with WH below, along with its price, financials, and company profile.
Stocks correlated with WH
Correlation of daily returns. Higher positive values move with WH; negative values move opposite it. Informational only, not investment advice.
Most correlated with WH
| Symbol | Company | Correlation |
|---|---|---|
| CHH | Choice Hotels Intnl.HOTELS & MOTELS | 0.67 |
| LPRE | Long Pond Real Estate Select ETF | 0.57 |
| HLT | Hilton Worldwide Holdings Inc.HOTELS & MOTELS | 0.57 |
| IHG | InterContinental Hotels Group Plc | 0.56 |
| TNL | Travel + Leisure Co.HOTELS & MOTELS | 0.56 |
Most inversely correlated with WH
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.54 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.46 |
| SBB | ProShares Short SmallCap600 | -0.44 |
| SDD | ProShares UltraShort SmallCap600 | -0.42 |
| DRV | Direxion Daily Real Estate Bear 3X ETF | -0.42 |
Frequently asked questions about WH correlations
- Which stocks are most correlated with WH?
- Based on one year of daily returns, the stocks most correlated with Wyndham Hotels & Resorts, Inc. Common Stock (WH) are CHH (0.67), LPRE (0.57) and HLT (0.57). 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 WH?
- Over the past year, the stocks most inversely correlated with Wyndham Hotels & Resorts, Inc. Common Stock (WH) are FLYD (-0.54), JETD (-0.46) and SBB (-0.44). 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 WH correlations calculated?
- We compute the correlation of daily returns between WH 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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