Sonder Holdings Correlations
| SONDW Stock | USD 0.01 0.0002 1.64% |
The current 90-days correlation between Sonder Holdings and Sonder Holdings is 0.37 (i.e., Weak 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Sonder Holdings Correlation With Market
Average diversification
The correlation between Sonder Holdings and DJI is 0.16 (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.
Sonder |
Moving against Sonder Stock
| 0.58 | YUMC | Yum China Holdings Earnings Call This Week | PairCorr |
| 0.4 | YUM | Yum Brands Earnings Call This Week | PairCorr |
| 0.36 | CMG | Chipotle Mexican Grill Earnings Call This Week | PairCorr |
| 0.34 | BH | Biglari Holdings | PairCorr |
| 0.31 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.41 | FLXS | Flexsteel Industries Earnings Call This Week | PairCorr |
| 0.4 | EDU | New Oriental Education | PairCorr |
| 0.37 | SHAK | Shake Shack | PairCorr |
| 0.33 | IH | Ihuman Inc | PairCorr |
Related Correlations Analysis
| 0.7 | 0.0 | -0.19 | 0.31 | SOND | ||
| 0.7 | -0.04 | -0.22 | 0.62 | GRABW | ||
| 0.0 | -0.04 | -0.63 | -0.16 | LILMW | ||
| -0.19 | -0.22 | -0.63 | 0.1 | EQRXW | ||
| 0.31 | 0.62 | -0.16 | 0.1 | DAVEW | ||
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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 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SOND | 5.16 | 0.25 | 0.04 | 0.35 | 5.37 | 10.61 | 74.70 | |||
| GRABW | 5.91 | 0.76 | 0.12 | 1.05 | 5.63 | 11.11 | 44.34 | |||
| LILMW | 11.33 | (1.82) | 0.00 | (0.75) | 0.00 | 20.73 | 111.48 | |||
| EQRXW | 8.29 | 1.09 | 0.06 | (1.36) | 9.24 | 26.67 | 71.66 | |||
| DAVEW | 13.37 | 5.03 | 0.34 | (1.86) | 10.60 | 28.57 | 227.06 |
Sonder Holdings Corporate Management
| Jonathan Charbonneau | VP Relations | Profile | |
| Sanjay Banker | CFO Pres | Profile | |
| Katherine Potter | General Counsel | Profile | |
| Bonnie Samuels | Vice Resources | Profile | |
| Dominique Bourgault | Chief Officer | Profile | |
| Vanessa Barmack | Interim Counsel | Profile |