Asset Comparison and Correlation

Considering 30-days investment horizon, Merck Co Inc is expected to under-perform the BristolMyers. But the stock apears to be less risky and, when comparing its historical volatility, Merck Co Inc is 1.38 times less risky than BristolMyers. The stock trades about -0.11 of its potential returns per unit of risk. The BristolMyers Squibb Company is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest  4,145  in BristolMyers Squibb Company on April 23, 2013 and sell it today you would earn a total of  495.00  from holding BristolMyers Squibb Company or generate 11.94% return on investment over 30 days.