BRN vs MAR: Correlation
How closely do Barnwell Industries, Inc. (BRN) and Marriott International (MAR) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRN and MAR?
Across a 3-year window, the weekly returns of BRN and MAR correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -254.0 %².
By 3-year correlation, MAR places #20 of the 35 assets tracked against BRN. Their recent paths diverged sharply: over the last 12 months MAR outperformed by 51.4 percentage points (-19.1% for BRN against +32.3% for MAR). Risk is not evenly split, since BRN carries 2.2 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BRN vs MAR: side by side
| BRN (Barnwell Industries, Inc.) | MAR (Marriott International) | |
|---|---|---|
| 1-year return | -19.1% | +32.3% |
| 5-year return | -58.9% | +173.2% |
| Volatility (ann.) | 53.1% | 24.6% |
| Beta vs S&P 500 | -0.22 | 0.97 |
| Max drawdown (3Y) | -68.5% | -30.5% |
| Market cap | – | $92.3B |
| P/E (trailing) | – | 36.7 |
| Dividend yield | 0.00% | 0.76% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BRN | MAR |
|---|---|---|
| 2022 | +2.8% | -9.3% |
| 2023 | -16.5% | +53.1% |
| 2024 | -37.9% | +24.9% |
| 2025 | -26.5% | +12.3% |
| 2026 | -14.0% | +14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRN and MAR good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRN and MAR?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.24 over the last year and -0.05 over 5 years.
Is MAR a good diversifier for BRN?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brn-vs-mar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brn-vs-mar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRN correlations · MAR correlations
