Asset Comparison and Correlation

Allowing for 30-days total investment horizon, AngloGold Ashanti Ltd is expected to under-perform the Zhejiang. But the stock apears to be less risky and, when comparing its historical volatility, AngloGold Ashanti Ltd is 1.47 times less risky than Zhejiang. The stock trades about -0.14 of its potential returns per unit of risk. The Zhejiang Netsun Co Ltd is currently generating about 0.49 of returns per unit of risk over similar time horizon. If you would invest  1,328  in Zhejiang Netsun Co Ltd on April 19, 2013 and sell it today you would earn a total of  401.00  from holding Zhejiang Netsun Co Ltd or generate 30.2% return on investment over 30 days.