Asset Comparison and Correlation

Assuming 30 trading days horizon, Thornburg is expected to generate 1.03 times less return on investment than Thornburg. But when comparing it to its historical volatility, Thornburg International Value R3 is 1.02 times less risky than Thornburg. It trades about 0.64 of its potential returns per unit of risk. Thornburg International Value I is currently generating about 0.64 of returns per unit of risk over similar time horizon. If you would invest  2,864  in Thornburg International Value I on April 22, 2013 and sell it today you would earn a total of  210.00  from holding Thornburg International Value I or generate 7.33% return on investment over 30 days.