Asset Comparison and Correlation

Assuming 30 trading days horizon, Fidelity is expected to generate 1.53 times less return on investment than Hodges. But when comparing it to its historical volatility, Fidelity LowPriced Stock is 1.61 times less risky than Hodges. It trades about 0.67 of its potential returns per unit of risk. Hodges is currently generating about 0.63 of returns per unit of risk over similar time horizon. If you would invest  2,585  in Hodges on April 19, 2013 and sell it today you would earn a total of  290.00  from holding Hodges or generate 11.22% return on investment over 30 days.