Tiptree Correlations

TIPT Stock  USD 21.51  0.17  0.78%   
The current 90-days correlation between Tiptree and Trisura Group is 0.08 (i.e., Significant 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

Weak diversification

The correlation between Tiptree and DJI is 0.36 (i.e., Weak 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 against Tiptree Stock

  0.52AMBC Ambac Financial GroupPairCorr
  0.48MBI MBIA IncPairCorr
  0.62PX P10 IncPairCorr
  0.38PT Pintec TechnologyPairCorr

Related Correlations Analysis

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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   
PFISTRRSF
TRRSFJRVR
EIGAMSF
SAMGTRRSF
PFISJRVR
PFISSAMG
  
High negative correlations   
AMSFTRRSF
EIGTRRSF
AMSFJRVR
PFISAMSF
SAMGEIG
SAMGAMSF

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.

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.