Benchmark  United States  NYSE  10,882   0.5352  0.0049% 


Processing
Collecting data for ^GSPC and AXVEF ...

Correlation analysis between SP 500 and ACREX

    
  
Summary
Performance
Technicals
   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  207,742  in S&P 500 on July 1, 2015 and sell it today you would earn a total of  2,642  from holding S&P 500 or generate 1.27% return on investment over 30 days.

Correlation Coefficient

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
    Optimize

Historical Performance Chart

Comparative Volatility

Predicted Return Density  
Benchmark  Embed   Returns 

S&P 500

  

Pair trading matchups for SP 500

Citigroup Inc vs. S&P 500
Stericycle Inc vs. S&P 500
Fiserv Inc vs. S&P 500
Principal Financial Group Inc vs. S&P 500
Apple Inc vs. S&P 500
Verizon Communications Inc vs. S&P 500
Cincinnati Financial Corp vs. S&P 500
Amazon Inc vs. S&P 500
Southwestern Energy Co vs. S&P 500
Northwest Bancshares Inc vs. S&P 500
Cognizant Technology Solutions Corporation vs. S&P 500
FreeportMcMoRan Inc 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
Japan Tobacco Inc vs. ACREX VENTURES LTD
SK Innovation vs. ACREX VENTURES LTD
AP M vs. ACREX VENTURES LTD
BK HAPOALIM vs. ACREX VENTURES LTD
Citigroup Inc vs. ACREX VENTURES LTD