Asset Comparison and Correlation

Allowing for 30-days total investment horizon, Diamond Offshore Drilling Inc is expected to generate 0.94 times more return on investment than Philippine. However, Diamond Offshore Drilling Inc is 1.07 times less risky than Philippine. It trades about 0.48 of its potential returns per unit of risk. Philippine Long Distance Telephone Company is currently generating about 0.29 per unit of risk. If you would invest  6,641  in Diamond Offshore Drilling Inc on April 19, 2013 and sell it today you would earn a total of  599  from holding Diamond Offshore Drilling Inc or generate 9.02% return on investment over 30 days.