Asset Comparison and Correlation

Assuming 30 trading days horizon, PIMCO Total Return A is expected to under-perform the Repsol. But the fund apears to be less risky and, when comparing its historical volatility, PIMCO Total Return A is 6.88 times less risky than Repsol. The fund trades about -0.35 of its potential returns per unit of risk. The Repsol YPF SA is currently generating about 0.1 of returns per unit of risk over similar time horizon. If you would invest  2,270  in Repsol YPF SA on April 24, 2013 and sell it today you would earn a total of  72.00  from holding Repsol YPF SA or generate 3.17% return on investment over 30 days.