Asset Comparison and Correlation

Given investment horizon of 30 days, IPC is expected to under-perform the AEX Amsterda. But the index apears to be less risky and, when comparing its historical volatility, IPC is 1.24 times less risky than AEX Amsterda. The index trades about -0.15 of its potential returns per unit of risk. The AEX Amsterdam is currently generating about 0.52 of returns per unit of risk over similar time horizon. If you would invest  35,294  in AEX Amsterdam on April 19, 2013 and sell it today you would earn a total of  1,514  from holding AEX Amsterdam or generate 4.29% return on investment over 30 days.