CLPR vs SES: Correlation
Clipper Realty Inc. (CLPR) and SES AI Corporation (SES) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLPR and SES?
On 3 years of weekly data the CLPR/SES correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.02) than the 3-year average (-0.21). The 5-year figure is -0.17, and annualized covariance runs at -2849.1 %².
SES is close to the least connected end of CLPR's tracked universe, ranking #10 of 12. Their recent paths diverged sharply: over the last 12 months CLPR outperformed by 36.4 percentage points (-14.6% for CLPR against -51.0% for SES). Risk is not evenly split, since SES carries 6.5 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 SES: side by side
| CLPR (Clipper Realty Inc.) | SES (SES AI Corporation) | |
|---|---|---|
| 1-year return | -14.6% | -51.0% |
| 5-year return | -40.2% | -94.5% |
| Volatility (ann.) | 45.5% | 294.5% |
| Beta vs S&P 500 | 0.61 | 2.43 |
| Max drawdown (3Y) | -52.3% | -89.7% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 11.31% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLPR | SES |
|---|---|---|
| 2022 | -32.7% | -68.3% |
| 2023 | -9.5% | -41.9% |
| 2024 | -7.9% | +19.7% |
| 2025 | -8.0% | -17.8% |
| 2026 | -3.0% | -69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLPR and SES good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between CLPR and SES?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.02 over the last year and -0.17 over 5 years.
Is SES a good diversifier for CLPR?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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-ses.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/clpr-vs-ses/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CLPR correlations · SES correlations
