Asset Comparison and Correlation

Considering 30-days investment horizon, Precision Drilling Corporation is expected to generate 1.17 times more return on investment than Sonic. However, Precision is 1.17 times more volatile than Sonic Corp. It trades about 0.23 of its potential returns per unit of risk. Sonic Corp is currently generating about 0.1 per unit of risk. If you would invest  782  in Precision Drilling Corporation on April 23, 2013 and sell it today you would earn a total of  68.00  from holding Precision Drilling Corporation or generate 8.7% return on investment over 30 days.