Sonder Holdings Correlations

SOND Stock

USD 3.73 0.27 7.80%

The current 90-days correlation between Sonder Holdings and Wyndham Hotels Resorts is -0.06 (i.e., Good diversification). The correlation of Sonder Holdings 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.

Sonder Holdings Correlation With Market

Average diversification

The correlation between Sonder Holdings 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 Sonder Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonder Holdings. 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.

For information on how to trade Sonder Stock refer to our How to Trade Sonder Stock guide.

Moving together with Sonder Stock

0.63	IGT	International Game	Pair Corr
0.65	TH	Target Hospitality Corp	Pair Corr

Moving against Sonder Stock

0.86	KRUS	Kura Sushi USA	Pair Corr
0.85	AGS	PlayAGS	Pair Corr
0.84	WEN	The Wendys	Pair Corr
0.81	EVRI	Everi Holdings	Pair Corr
0.77	YUMC	Yum China Holdings	Pair Corr
0.75	PLAY	Dave Busters Enterta Earnings Call This Week	Pair Corr
0.68	EXPE	Expedia Group	Pair Corr
0.63	PLYA	Playa Hotels Resorts	Pair Corr
0.62	CMG	Chipotle Mexican Grill Aggressive Push	Pair Corr
0.55	RSI	Rush Street Interactive	Pair Corr
0.54	INSE	Inspired Entertainment	Pair Corr
0.54	PZZA	Papa Johns International	Pair Corr
0.48	SBUX	Starbucks Aggressive Push	Pair Corr
0.42	DPZ	Dominos Pizza	Pair Corr
0.4	DRI	Darden Restaurants	Pair Corr
0.39	JACK	Jack In	Pair Corr
0.37	QSR	Restaurant Brands	Pair Corr
0.33	FWRG	First Watch Restaurant	Pair Corr
0.33	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.33	LIND	Lindblad Expeditions	Pair Corr
0.71	LOW	Lowes Companies Sell-off Trend	Pair Corr
0.7	SHAK	Shake Shack	Pair Corr
0.68	HD	Home Depot	Pair Corr
0.66	CAKE	The Cheesecake Factory	Pair Corr
0.65	RH	RH Earnings Call This Week	Pair Corr
0.54	WOOF	Pet Acquisition LLC	Pair Corr
0.53	GM	General Motors	Pair Corr
0.52	SGHC	SGHC Limited	Pair Corr
0.49	BC	Brunswick	Pair Corr
0.47	WEYS	Weyco Group	Pair Corr
0.47	MPX	Marine Products Fiscal Year End 23rd of January 2025	Pair Corr
0.38	ADT	ADT Inc	Pair Corr
0.37	BROS	Dutch Bros	Pair Corr

Related Correlations Analysis

	WH	IHG	H	HLT	MAR	CHH	HTHT
WH		0.89	0.55	0.88	0.9	0.96	0.25	WH
IHG	0.89		0.71	0.98	0.98	0.94	0.46	IHG
H	0.55	0.71		0.72	0.71	0.64	0.39	H
HLT	0.88	0.98	0.72		0.99	0.95	0.57	HLT
MAR	0.9	0.98	0.71	0.99		0.95	0.54	MAR
CHH	0.96	0.94	0.64	0.95	0.95		0.4	CHH
HTHT	0.25	0.46	0.39	0.57	0.54	0.4		HTHT
	WH	IHG	H	HLT	MAR	CHH	HTHT

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Risk-Adjusted Indicators

There is a big difference between Sonder Stock performing well and Sonder Holdings 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 Sonder Holdings' 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
WH	1.11	0.25	0.22	0.36	0.83	(1.40)	2.63	(1.91)	12.06
IHG	0.85	0.21	0.22	0.30	0.55	(0.98)	2.10	(1.22)	5.83
H	1.40	(0.10)	0.00	0.07	2.00	(1.33)	2.80	(3.06)	11.34
HLT	0.78	0.09	0.10	0.21	0.82	(0.84)	2.06	(1.65)	5.61
MAR	0.95	0.19	0.19	0.27	0.74	(1.04)	2.12	(1.60)	7.95
CHH	1.05	0.16	0.12	0.30	0.91	(1.25)	2.47	(1.86)	7.92
HTHT	2.24	0.14	0.04	0.35	2.01	(2.95)	6.30	(3.36)	22.48

Sonder Holdings Corporate Management

Jonathan Charbonneau	VP Relations	Profile
Sanjay Banker	CFO Pres	Profile
Bonnie Samuels	Vice Resources	Profile
Katherine Potter	General Counsel	Profile
Dominique Bourgault	Chief Officer	Profile
Arthur Chang	Chief Initiatives	Profile

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