Asset Comparison and Correlation

Given investment horizon of 30 days, New Century is expected to generate 7.5 times less return on investment than Prevedi. But when comparing it to its historical volatility, New Century Bancorp Inc is 1.29 times less risky than Prevedi. It trades about 0.1 of its potential returns per unit of risk. Prevedi Sicurezza is currently generating about 0.58 of returns per unit of risk over similar time horizon. If you would invest  21.00  in Prevedi Sicurezza on April 19, 2013 and sell it today you would earn a total of  4.00  from holding Prevedi Sicurezza or generate 19.05% return on investment over 30 days.