Asset Comparison and Correlation

Given investment horizon of 30 days, Straits is expected to generate 4.5 times less return on investment than Metro. But when comparing it to its historical volatility, Straits Tms is 2.6 times less risky than Metro. It trades about 0.14 of its potential returns per unit of risk. Metro Holdings Limited is currently generating about 0.24 of returns per unit of risk over similar time horizon. If you would invest  93.00  in Metro Holdings Limited on April 25, 2013 and sell it today you would earn a total of  5.00  from holding Metro Holdings Limited or generate 5.38% return on investment over 30 days.