Asset Comparison and Correlation

Considering 30-days investment horizon, Kinross Gold Corporation is expected to generate 1.05 times more return on investment than Compa. However, Kinross is 1.05 times more volatile than Compa. It trades about 0.01 of its potential returns per unit of risk. Compa is currently generating about -0.26 per unit of risk. If you would invest  540  in Kinross Gold Corporation on April 22, 2013 and sell it today you would earn a total of  8.00  from holding Kinross Gold Corporation or generate 1.48% return on investment over 30 days.