Pair Correlation Between SP 500 and ACREX VENTURES

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 VENTURES 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 VENTURES. See also your portfolio center.Please also check ongoing floating volatility patterns of SP 500 and ACREX VENTURES.
Investment Horizon     30 Days    Login   to change
 S&P 500  vs   ACREX VENTURES LTD
 Daily Returns (%) 
Benchmark  Embed   Timeline 

Pair Volatility

If you would invest  208,866  in S&P 500 on November 3, 2016 and sell it today you would earn a total of  10,343  from holding S&P 500 or generate 4.95% return on investment over 30 days.
Correlation Coefficient
Pair Corralation between SP 500 and ACREX VENTURES
0.0

Parameters

Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy4.55%
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. The correlation between historical prices or returns on ACREX VENTURES LTD and SP 500 is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on S&P 500 are associated (or correlated) with ACREX VENTURES. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of ACREX VENTURES LTD has no effect on the direction of SP 500 i.e. SP 500 and ACREX VENTURES go up and down completely randomly.
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Pair indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 0.42  0.00  0.07  0.00  0.00  0.04 (0.56) 1.11 (0.44) 2.75 
 0.52  0.32  0.00 (0.78) 0.00  0.07  0.00  0.00  0.00  6.00 

Comparative Volatility

 Predicted Return Density 
Benchmark  Embed   Returns