Asset Comparison and Correlation

Given investment horizon of 30 days, MedAssets is expected to generate 2.38 times less return on investment than Cerner. But when comparing it to its historical volatility, MedAssets Inc is 1.2 times less risky than Cerner. It trades about 0.13 of its potential returns per unit of risk. Cerner Corporation is currently generating about 0.27 of returns per unit of risk over similar time horizon. If you would invest  9,180  in Cerner Corporation on April 18, 2013 and sell it today you would earn a total of  703  from holding Cerner Corporation or generate 7.66% return on investment over 30 days.