Asset Comparison and Correlation

Assuming 30 trading days horizon, Alfa SAB de CV is expected to under-perform the JP Morgan. But the stock apears to be less risky and, when comparing its historical volatility, Alfa SAB de CV is 1.15 times less risky than JP Morgan. The stock trades about -0.06 of its potential returns per unit of risk. The JMP Group Inc is currently generating about 0.2 of returns per unit of risk over similar time horizon. If you would invest  644  in JMP Group Inc on April 20, 2013 and sell it today you would earn a total of  42.00  from holding JMP Group Inc or generate 6.52% return on investment over 30 days.