0016.HK vs. ^HSI
Compare and contrast key facts about Sun Hung Kai Properties Limited (0016.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0016.HK or ^HSI.
Correlation
The correlation between 0016.HK and ^HSI is 0.12, 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.
Performance
0016.HK vs. ^HSI - Performance Comparison
Key characteristics
0016.HK:
0.35
^HSI:
0.88
0016.HK:
0.84
^HSI:
1.53
0016.HK:
1.10
^HSI:
1.24
0016.HK:
0.28
^HSI:
0.65
0016.HK:
0.85
^HSI:
3.09
0016.HK:
13.19%
^HSI:
10.47%
0016.HK:
24.63%
^HSI:
28.80%
0016.HK:
-70.45%
^HSI:
-91.54%
0016.HK:
-27.45%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 0016.HK achieves a 3.49% return, which is significantly lower than ^HSI's 13.54% return. Over the past 10 years, 0016.HK has outperformed ^HSI with an annualized return of -1.01%, while ^HSI has yielded a comparatively lower -1.99% annualized return.
0016.HK
3.49%
13.29%
-3.62%
8.40%
-0.81%
-1.01%
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
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Risk-Adjusted Performance
0016.HK vs. ^HSI — Risk-Adjusted Performance Rank
0016.HK
^HSI
0016.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sun Hung Kai Properties Limited (0016.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.
Drawdowns
0016.HK vs. ^HSI - Drawdown Comparison
The maximum 0016.HK drawdown since its inception was -70.45%, smaller than the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 0016.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
0016.HK vs. ^HSI - Volatility Comparison
The current volatility for Sun Hung Kai Properties Limited (0016.HK) is 8.78%, while Hang Seng Index (^HSI) has a volatility of 15.62%. This indicates that 0016.HK experiences smaller price fluctuations and is considered to be less risky than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.