Asset Comparison and Correlation

Considering 30-days investment horizon, Precision is expected to generate 1.11 times less return on investment than Baidu. But when comparing it to its historical volatility, Precision Castparts Corp is 1.55 times less risky than Baidu. It trades about 0.39 of its potential returns per unit of risk. Baidu Inc is currently generating about 0.28 of returns per unit of risk over similar time horizon. If you would invest  8,785  in Baidu Inc on April 21, 2013 and sell it today you would earn a total of  1,264  from holding Baidu Inc or generate 14.39% return on investment over 30 days.