Asset Comparison and Correlation

Assuming 30 trading days horizon, SP 500 is expected to generate 2.61 times less return on investment than First. But when comparing it to its historical volatility, S&P 500 is 2.86 times less risky than First. It trades about 0.32 of its potential returns per unit of risk. First Advantage Bancorp is currently generating about 0.29 of returns per unit of risk over similar time horizon. If you would invest  1,134  in First Advantage Bancorp on April 25, 2013 and sell it today you would earn a total of  134.00  from holding First Advantage Bancorp or generate 11.82% return on investment over 30 days.