Asset Comparison and Correlation

Given investment horizon of 30 days, Avid is expected to generate 3.41 times less return on investment than Zumiez. But when comparing it to its historical volatility, Avid Technology Inc is 1.01 times less risky than Zumiez. It trades about 0.17 of its potential returns per unit of risk. Zumiez Inc is currently generating about 0.58 of returns per unit of risk over similar time horizon. If you would invest  2,738  in Zumiez Inc on April 23, 2013 and sell it today you would earn a total of  577  from holding Zumiez Inc or generate 21.07% return on investment over 30 days.