CLPR vs EHTH: Correlation
How closely do Clipper Realty Inc. (CLPR) and eHealth, Inc. (EHTH) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLPR and EHTH?
On 3 years of weekly data the CLPR/EHTH correlation comes out at 0.37, moderate. Recent behaviour matches the longer record: 0.34 over 1 year against 0.37 over 3. The 5-year figure is 0.24, and annualized covariance runs at 1192.9 %².
Few assets follow CLPR as closely as EHTH, which ranks #3 of 12 tracked partners. The last year tells two different stories: CLPR led by 56.1 percentage points, -14.6% for CLPR against -70.7% for EHTH. Risk is not evenly split, since EHTH carries 1.5 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.
CLPR vs EHTH: side by side
| CLPR (Clipper Realty Inc.) | EHTH (eHealth, Inc.) | |
|---|---|---|
| 1-year return | -14.6% | -70.7% |
| 5-year return | -40.2% | -97.0% |
| Volatility (ann.) | 45.5% | 70.4% |
| Beta vs S&P 500 | 0.61 | 1.11 |
| Max drawdown (3Y) | -52.3% | -89.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 11.31% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLPR | EHTH |
|---|---|---|
| 2022 | -32.7% | -81.0% |
| 2023 | -9.5% | +80.2% |
| 2024 | -7.9% | +7.8% |
| 2025 | -8.0% | -51.1% |
| 2026 | -3.0% | -75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLPR and EHTH good diversifiers for each other?
Reasonably. At 0.37, CLPR and EHTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CLPR and EHTH?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.34 over the last year and 0.24 over 5 years.
Is EHTH a good diversifier for CLPR?
Reasonably. At 0.37, CLPR and EHTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/clpr-vs-ehth.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/clpr-vs-ehth/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CLPR correlations · EHTH correlations
