Asset Comparison and Correlation

Considering 30-days investment horizon, Vodafone Group Public Limited Company is expected to under-perform the Eagle. But the stock apears to be less risky and, when comparing its historical volatility, Vodafone Group Public Limited Company is 1.99 times less risky than Eagle. The stock trades about -0.13 of its potential returns per unit of risk. The Eagle Materials Inc is currently generating about 0.23 of returns per unit of risk over similar time horizon. If you would invest  6,834  in Eagle Materials Inc on April 25, 2013 and sell it today you would earn a total of  690  from holding Eagle Materials Inc or generate 10.1% return on investment over 30 days.