0165.HK vs. BTC-USD
0165.HK (China Everbright Ltd) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, 0165.HK returned -4.44%/yr vs 59.51%/yr for BTC-USD. At a correlation of -0.02, they often move in opposite directions.
Performance
0165.HK vs. BTC-USD - Performance Comparison
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Different Trading Currencies
0165.HK is traded in HKD, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0165.HK achieves a -35.50% return, which is significantly lower than BTC-USD's -29.52% return. Over the past 10 years, 0165.HK has underperformed BTC-USD with an annualized return of -4.44%, while BTC-USD has yielded a comparatively higher 59.51% annualized return.
0165.HK
- 1D
- -4.47%
- 1M
- -11.55%
- YTD
- -35.50%
- 6M
- -36.56%
- 1Y
- -6.07%
- 3Y*
- 8.75%
- 5Y*
- -4.33%
- 10Y*
- -4.44%
BTC-USD
- 1D
- -3.97%
- 1M
- -24.78%
- YTD
- -29.52%
- 6M
- -30.98%
- 1Y
- -39.77%
- 3Y*
- 30.96%
- 5Y*
- 10.92%
- 10Y*
- 59.51%
0165.HK vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
0165.HK China Everbright Ltd | -35.50% | 72.90% | 19.05% | -12.90% | -33.29% | -4.16% | -26.33% | 11.43% | -16.20% | 23.37% |
BTC-USD Bitcoin | -29.52% | -6.09% | 120.79% | 153.36% | -64.02% | 60.27% | 302.75% | 93.07% | -74.60% | 1,427.56% |
Correlation
The correlation between 0165.HK and BTC-USD is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.00 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2012 | -0.02 |
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Return for Risk
0165.HK vs. BTC-USD — Risk / Return Rank
0165.HK
BTC-USD
0165.HK vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for China Everbright Ltd (0165.HK) and Bitcoin (BTC-USD). 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.
| 0165.HK | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.86 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | -0.79 | +0.72 |
| Martin ratioReturn relative to average drawdown | -0.12 | -1.41 | +1.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 0165.HK | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.06 | -0.92 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.20 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.12 | 0.88 | -1.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 1.11 | -1.06 |
Drawdowns
0165.HK vs. BTC-USD - Drawdown Comparison
The maximum 0165.HK drawdown since its inception was -85.29%, roughly equal to the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for 0165.HK and BTC-USD.
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Drawdown Indicators
| 0165.HK | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.29% | -85.30% | +0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -54.56% | -50.55% | -4.01% |
Max Drawdown (3Y)Largest decline over 3 years | -54.56% | -50.55% | -4.01% |
Max Drawdown (5Y)Largest decline over 5 years | -62.38% | -76.63% | +14.25% |
Max Drawdown (10Y)Largest decline over 10 years | -76.51% | -83.22% | +6.71% |
Current DrawdownCurrent decline from peak | -69.95% | -50.55% | -19.40% |
Average DrawdownAverage peak-to-trough decline | -53.03% | -41.90% | -11.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.30% | 33.79% | -5.49% |
Volatility
0165.HK vs. BTC-USD - Volatility Comparison
China Everbright Ltd (0165.HK) has a higher volatility of 14.80% compared to Bitcoin (BTC-USD) at 10.82%. This indicates that 0165.HK's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 0165.HK | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.80% | 10.82% | +3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 33.14% | 35.02% | -1.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.10% | 36.00% | +28.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.60% | 45.65% | +0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.50% | 56.14% | -16.64% |
Frequently Asked Questions
0165.HK and BTC-USD have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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