Asset Comparison and Correlation

Considering 30-days investment horizon, Sterlite is expected to generate 1.4 times less return on investment than Aluminum. But when comparing it to its historical volatility, Sterlite Industries India Ltd is 1.17 times less risky than Aluminum. It trades about 0.18 of its potential returns per unit of risk. Aluminum Corporation Of China Limited is currently generating about 0.21 of returns per unit of risk over similar time horizon. If you would invest  921  in Aluminum Corporation Of China Limited on April 22, 2013 and sell it today you would earn a total of  127.00  from holding Aluminum Corporation Of China Limited or generate 13.79% return on investment over 30 days.