Macroaxis: Personalized Investing

Personalized Investing and

Digital Wealth Optimization

Benchmark  United States  NYSE  10,788   71.013 Index Moved Down -0.65%  


Processing
Collecting data for ^GSPC and XSPY ...

Correlation analysis between SP 500 and SPY Inc Correlation analysis between SP 500 and SPY Inc

   
Investment horizon:  
  30 Days    Login   to change
  
This module allows you to analyze existing cross correlation between S&P 500 and SPY Inc. You can compare the effects of market volatilities on SP 500 and SPY Inc 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 SPY Inc. Please also check ongoing floating volatility patterns of SP 500 and SPY Inc.
 S&P 500  vs   SPY Inc.
Daily Returns (%)
GSPC   XSPY   
 
Change Benchmark  Embed   Timeline 
If you would invest  80.00  in SPY Inc on December 26, 2014 and sell it today you would earn a total of 0.00  from holding SPY Inc or generate 0.0% return on investment over 30 days.

Correlation Coefficient

0.0

Parameters

Time Period1 Month [change]
DirectionFlat 
StrengthInsignificant
Accuracy100.0%
ValuesDaily Returns

Diversification

Pay attention

Overlapping area represents amount of risk that can be diversified away by holding S&P 500 and SPY Inc. in the same portfolio assuming nothing else is changed
    Optimize

Historical Performance Chart

Comparative Volatility

Predicted Return Density
 
Change Benchmark  Embed   Returns 

S&P 500

  

Pair trading matchups for SP 500

Eagle Bulk Shipping Inc vs. S&P 500
Comerica Incorporated vs. S&P 500
EnteroMedics Inc vs. S&P 500
Starwood Hotels Resorts Worldwide Inc vs. S&P 500
Crown Castle International Corp vs. S&P 500
GT Advanced Technologies Inc vs. S&P 500
Beam Inc vs. S&P 500
FLIR Systems Inc vs. S&P 500
DryShips Inc vs. S&P 500
Groupon Inc vs. S&P 500
Titanium Metals Corporation vs. S&P 500
Principal Financial Group Inc vs. S&P 500
  

SPY Inc

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

Pair trading matchups for SPY Inc

Pool Corp vs. SPY Inc
Callaway Golf Co vs. SPY Inc


 

Analytics

Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 

Research Modules

Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 

Services And Technology

Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 

Free Investor Tools

World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 

About Us

About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities