Asset Comparison and Correlation

Assuming 30 trading days horizon, SK Innovation is expected to generate 1.27 times more return on investment than Banco. However, SK Innovati is 1.27 times more volatile than Banco Santander SA. It trades about 0.22 of its potential returns per unit of risk. Banco Santander SA is currently generating about -0.12 per unit of risk. If you would invest  14,550,000  in SK Innovation on April 23, 2013 and sell it today you would earn a total of  800,000  from holding SK Innovation or generate 5.5% return on investment over 30 days.