Asset Comparison and Correlation

Assuming 30 trading days horizon, American is expected to generate 1.38 times less return on investment than Fidelity. But when comparing it to its historical volatility, American Funds Inc Fund of Amer R2 is 1.16 times less risky than Fidelity. It trades about 0.22 of its potential returns per unit of risk. Fidelity Advisor Asset Manager 70 C is currently generating about 0.26 of returns per unit of risk over similar time horizon. If you would invest  1,840  in Fidelity Advisor Asset Manager 70 C on April 25, 2013 and sell it today you would earn a total of  45.00  from holding Fidelity Advisor Asset Manager 70 C or generate 2.45% return on investment over 30 days.