Asset Comparison and Correlation

Considering 30-days investment horizon, Vodafone is expected to generate 12.43 times less return on investment than Micron. But when comparing it to its historical volatility, Vodafone Group Public Limited Company is 1.78 times less risky than Micron. It trades about 0.08 of its potential returns per unit of risk. Micron Technology Inc is currently generating about 0.52 of returns per unit of risk over similar time horizon. If you would invest  942  in Micron Technology Inc on April 22, 2013 and sell it today you would earn a total of  181.00  from holding Micron Technology Inc or generate 19.21% return on investment over 30 days.