Asset Comparison and Correlation

Considering 30-days investment horizon, WellCare Health Plans Inc is expected to under-perform the JP Morgan. But the stock apears to be less risky and, when comparing its historical volatility, WellCare Health Plans Inc is 1.03 times less risky than JP Morgan. The stock trades about -0.14 of its potential returns per unit of risk. The JMP Group Inc is currently generating about 0.23 of returns per unit of risk over similar time horizon. If you would invest  644  in JMP Group Inc on April 21, 2013 and sell it today you would earn a total of  50.00  from holding JMP Group Inc or generate 7.76% return on investment over 30 days.