Asset Comparison and Correlation

Given investment horizon of 30 days, NYSE is expected to generate 2.38 times less return on investment than BALCHEM. But when comparing it to its historical volatility, NYSE is 4.46 times less risky than BALCHEM. It trades about 0.26 of its potential returns per unit of risk. BALCHEM CORP is currently generating about 0.14 of returns per unit of risk over similar time horizon. If you would invest  3,316  in BALCHEM CORP on April 24, 2013 and sell it today you would earn a total of  275.00  from holding BALCHEM CORP or generate 8.29% return on investment over 30 days.