Macroaxis: Personalized Investing

Personalized Investing and

Digital Wealth Optimization

Benchmark  United States  NYSE  10,875   9.9912 Index Moved Up 0.092%  


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Collecting data for ^GSPC and AXVEF ...

Correlation analysis between SP 500 and ACREX  

    
Investment horizon:  
  30 Days    Login   to change
  
This module allows you to analyze existing cross correlation between S&P 500 and ACREX VENTURES LTD. You can compare the effects of market volatilities on SP 500 and ACREX and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in SP 500 with a short position of ACREX. Please also check ongoing floating volatility patterns of SP 500 and ACREX.
 S&P 500  vs   ACREX VENTURES LTD
Daily Returns (%)
GSPC   AXVEF   
Benchmark  Embed   Timeline 
Assuming 30 trading days horizon, S&P 500 is expected to generate 0.1 times more return on investment than ACREX. However, S&P 500 is 9.64 times less risky than ACREX. It trades about -0.13 of its potential returns per unit of risk. ACREX VENTURES LTD is currently generating about -0.24 per unit of risk. If you would invest  211,074  in S&P 500 on February 26, 2015 and sell it today you would lose (4,972) from holding S&P 500 or give up 2.36% of portfolio value over 30 days.

Correlation Coefficient

0.09

Parameters

Time Period1 Month [change]
DirectionPositive AXVEF.OB Moved Up vs ^GSPC
StrengthInsignificant
Accuracy77.27%
ValuesDaily Returns

Diversification

Significant diversification

Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and ACREX VENTURES LTD in the same portfolio assuming nothing else is changed
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Historical Performance Chart

Comparative Volatility

Predicted Return Density  
Benchmark  Embed   Returns 

S&P 500

  

Pair trading matchups for SP 500

VeriSign Inc vs. S&P 500
Merck Co Inc vs. S&P 500
WalMart Stores Inc vs. S&P 500
The Boeing Company vs. S&P 500
SPDR Barclays Long Term Treasury ETF vs. S&P 500
FirstMerit Corporation vs. S&P 500
Guggenheim SP 500 Eq Weight Fincl ETF vs. S&P 500
The Washington Post Company vs. S&P 500
Investors Bancorp Inc vs. S&P 500
Schwab ShortTerm US Treasury ETF vs. S&P 500
QUALCOMM Incorporated vs. S&P 500
ConocoPhillips vs. S&P 500
  

ACREX VENTURES LTD

  
Over the last 30 days ACREX VENTURES LTD has generated negative risk-adjusted returns adding no value to investors with long positions.

Pair trading matchups for ACREX

Federal National Mortgage Association vs. ACREX VENTURES LTD
FED NATL MTG PFD I vs. ACREX VENTURES LTD
Japan Tobacco Inc vs. ACREX VENTURES LTD
SK Innovation vs. ACREX VENTURES LTD
AP M vs. ACREX VENTURES LTD
Citigroup Inc vs. ACREX VENTURES LTD
Industrial and Commercial Bank of China Limited vs. ACREX VENTURES LTD
SGS SA vs. ACREX VENTURES LTD