Benchmark  United States  NYSE  10,865   5.8281  0.0537% 


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Correlation analysis between SP 500 and ACREX

    
  
Summary
Performance
FundamentalsTechnicalsRecomendation
   Forecast
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 
If you would invest  2.12  in ACREX VENTURES LTD on June 4, 2015 and sell it today you would earn a total of  0.00  from holding ACREX VENTURES LTD or generate 0.0% return on investment over 30 days.

Correlation Coefficient

0.0

Parameters

Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy13.64%
ValuesDaily Returns

Diversification

Pay attention

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

Skyworks Solutions Inc vs. S&P 500
WisdomTree Investments Inc vs. S&P 500
American International Group Inc vs. S&P 500
DTE Energy Company vs. S&P 500
Fossil Group Inc vs. S&P 500
Textron Inc vs. S&P 500
Micrel Inc vs. S&P 500
Cigna Corp vs. S&P 500
Globant SA vs. S&P 500
Matthews Japan Investor vs. S&P 500
China Biologic Products Inc vs. S&P 500
IngersollRand Plc vs. S&P 500
  

ACREX VENTURES LTD

  

Risk-adjusted Performance

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
TEVA PHARMA IND vs. ACREX VENTURES LTD
FED NATL MTG PFD I vs. ACREX VENTURES LTD
KDDI Corp vs. ACREX VENTURES LTD
SK Innovation vs. ACREX VENTURES LTD
Japan Tobacco Inc vs. ACREX VENTURES LTD
AP M vs. ACREX VENTURES LTD
BK HAPOALIM vs. ACREX VENTURES LTD
Industrial and Commercial Bank of China Limited vs. ACREX VENTURES LTD