Correlation
The correlation between 0014.HK and ^HSI is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
0014.HK vs. ^HSI
Compare and contrast key facts about Hysan Development Co Ltd (0014.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0014.HK or ^HSI.
Performance
0014.HK vs. ^HSI - Performance Comparison
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Key characteristics
0014.HK:
1.37
^HSI:
1.21
0014.HK:
1.56
^HSI:
1.46
0014.HK:
1.19
^HSI:
1.22
0014.HK:
0.37
^HSI:
0.61
0014.HK:
2.34
^HSI:
3.25
0014.HK:
10.89%
^HSI:
9.29%
0014.HK:
26.07%
^HSI:
28.70%
0014.HK:
-68.58%
^HSI:
-65.18%
0014.HK:
-54.19%
^HSI:
-27.67%
Returns By Period
In the year-to-date period, 0014.HK achieves a 26.40% return, which is significantly higher than ^HSI's 19.54% return. Over the past 10 years, 0014.HK has underperformed ^HSI with an annualized return of -3.55%, while ^HSI has yielded a comparatively higher -1.09% annualized return.
0014.HK
26.40%
8.82%
27.91%
34.51%
-7.16%
-4.72%
-3.55%
^HSI
19.54%
2.72%
21.72%
33.70%
4.40%
-0.40%
-1.09%
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Risk-Adjusted Performance
0014.HK vs. ^HSI — Risk-Adjusted Performance Rank
0014.HK
^HSI
0014.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hysan Development Co Ltd (0014.HK) and Hang Seng Index (^HSI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Drawdowns
0014.HK vs. ^HSI - Drawdown Comparison
The maximum 0014.HK drawdown since its inception was -68.58%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 0014.HK and ^HSI.
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Volatility
0014.HK vs. ^HSI - Volatility Comparison
Hysan Development Co Ltd (0014.HK) has a higher volatility of 6.85% compared to Hang Seng Index (^HSI) at 4.56%. This indicates that 0014.HK's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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