Tiptree Correlations

TIPT Stock

USD 22.65 0.06 0.26%

The current 90-days correlation between Tiptree and Employers Holdings is 0.64 (i.e., Poor diversification). The correlation of Tiptree 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.

Tiptree Correlation With Market

Modest diversification

The correlation between Tiptree and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tiptree 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 Tiptree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Tiptree Stock please use our How to Invest in Tiptree guide.

Moving together with Tiptree Stock

0.63	AXS	AXIS Capital Holdings	Pair Corr
0.85	FNF	Fidelity National	Pair Corr
0.91	CB	Chubb	Pair Corr
0.64	DB	Deutsche Bank AG Buyout Trend	Pair Corr
0.73	HG	Hamilton Insurance Group,	Pair Corr

Moving against Tiptree Stock

0.62	JRVR	James River Group	Pair Corr
0.59	MBI	MBIA Inc	Pair Corr
0.58	AMBC	Ambac Financial Group	Pair Corr
0.49	AGO	Assured Guaranty	Pair Corr
0.44	C	Citigroup Earnings Call Today	Pair Corr
0.68	CG	Carlyle Group	Pair Corr
0.65	KB	KB Financial Group	Pair Corr
0.62	BN	Brookfield Corp	Pair Corr
0.59	CM	Canadian Imperial Bank	Pair Corr
0.52	BX	Blackstone Group Normal Trading	Pair Corr
0.47	GS	Goldman Sachs Group	Pair Corr
0.34	AX	Axos Financial	Pair Corr
0.31	BY	Byline Bancorp	Pair Corr

Related Correlations Analysis

	ICCH	EIG	AMSF	NMIH	ITIC	RYAN	TRUP	JRVR	ESNT	AMBC
ICCH		-0.1	0.11	0.09	0.06	-0.48	0.44	-0.03	-0.33	0.12	ICCH
EIG	-0.1		0.92	0.36	0.84	0.18	0.23	0.0	-0.24	0.31	EIG
AMSF	0.11	0.92		0.39	0.88	0.08	0.35	-0.13	-0.31	0.33	AMSF
NMIH	0.09	0.36	0.39		0.25	-0.15	0.63	0.42	0.46	0.53	NMIH
ITIC	0.06	0.84	0.88	0.25		0.12	0.36	-0.17	-0.42	0.38	ITIC
RYAN	-0.48	0.18	0.08	-0.15	0.12		-0.51	-0.39	0.36	-0.5	RYAN
TRUP	0.44	0.23	0.35	0.63	0.36	-0.51		0.42	-0.06	0.82	TRUP
JRVR	-0.03	0.0	-0.13	0.42	-0.17	-0.39	0.42		0.34	0.6	JRVR
ESNT	-0.33	-0.24	-0.31	0.46	-0.42	0.36	-0.06	0.34		-0.06	ESNT
AMBC	0.12	0.31	0.33	0.53	0.38	-0.5	0.82	0.6	-0.06		AMBC
	ICCH	EIG	AMSF	NMIH	ITIC	RYAN	TRUP	JRVR	ESNT	AMBC

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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

AMSF	+ 0.92	EIG
ITIC	+ 0.88	AMSF
ITIC	+ 0.84	EIG
AMBC	+ 0.82	TRUP
TRUP	+ 0.63	NMIH
AMBC	+ 0.6	JRVR

High negative correlations

TRUP	- 0.51	RYAN
AMBC	- 0.5	RYAN
RYAN	- 0.48	ICCH
ESNT	- 0.42	ITIC
JRVR	- 0.39	RYAN
ESNT	- 0.33	ICCH

Risk-Adjusted Indicators

There is a big difference between Tiptree Stock performing well and Tiptree 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 Tiptree's 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
ICCH	0.42	0.00	0.15	(0.10)	0.55	(0.58)	1.18	(0.64)	4.57
EIG	0.95	0.00	0.00	(0.09)	0.00	0.00	1.97	(2.27)	5.62
AMSF	0.88	(0.01)	0.00	(0.13)	0.00	0.00	1.94	(1.72)	5.38
NMIH	1.06	(0.02)	0.00	(0.11)	0.00	0.00	2.11	(2.74)	7.42
ITIC	1.48	(0.01)	0.00	(0.10)	0.00	0.00	1.90	(2.72)	8.45
RYAN	1.21	0.12	0.10	0.09	1.45	(1.35)	2.38	(2.15)	8.73
TRUP	2.55	(0.40)	0.00	(0.30)	0.00	0.00	3.80	(6.20)	33.71
JRVR	2.07	(0.20)	0.00	0.16	0.00	0.00	4.31	(3.40)	35.31
ESNT	0.95	0.07	0.07	0.01	1.39	(0.89)	1.87	(2.56)	5.90
AMBC	1.89	(0.47)	0.00	(0.61)	0.00	0.00	2.62	(6.63)	15.78

Tiptree Corporate Executives

Elected by the shareholders, the Tiptree's board of directors comprises two types of representatives: Tiptree inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tiptree. The board's role is to monitor Tiptree's management team and ensure that shareholders' interests are well served. Tiptree's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tiptree's outside directors are responsible for providing unbiased perspectives on the board's policies.

Sandra Bell

CFO Officer

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