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 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
0016.HK vs. ^HSI - Performance Comparison
Key characteristics
0016.HK:
-0.26
^HSI:
0.75
0016.HK:
-0.23
^HSI:
1.19
0016.HK:
0.97
^HSI:
1.15
0016.HK:
-0.16
^HSI:
0.34
0016.HK:
-0.52
^HSI:
2.07
0016.HK:
12.03%
^HSI:
9.13%
0016.HK:
23.81%
^HSI:
25.35%
0016.HK:
-78.71%
^HSI:
-91.54%
0016.HK:
-30.51%
^HSI:
-40.40%
Returns By Period
In the year-to-date period, 0016.HK achieves a -1.33% return, which is significantly higher than ^HSI's -1.49% return. Over the past 10 years, 0016.HK has outperformed ^HSI with an annualized return of -0.14%, while ^HSI has yielded a comparatively lower -1.75% annualized return.
0016.HK
-1.33%
-5.01%
15.15%
-4.19%
-4.35%
-0.14%
^HSI
-1.49%
0.09%
11.02%
18.71%
-7.20%
-1.75%
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Risk-Adjusted Performance
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 -78.71%, 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
Sun Hung Kai Properties Limited (0016.HK) and Hang Seng Index (^HSI) have volatilities of 5.33% and 5.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.