0316.HK vs. 2343.HK
Compare and contrast key facts about Orient Overseas International Ltd (0316.HK) and Pacific Basin Shipping Ltd (2343.HK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0316.HK or 2343.HK.
Correlation
The correlation between 0316.HK and 2343.HK is 0.39, 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
0316.HK vs. 2343.HK - Performance Comparison
Key characteristics
0316.HK:
0.47
2343.HK:
-0.64
0316.HK:
0.91
2343.HK:
-0.75
0316.HK:
1.12
2343.HK:
0.91
0316.HK:
0.45
2343.HK:
-0.32
0316.HK:
1.23
2343.HK:
-1.30
0316.HK:
18.04%
2343.HK:
20.51%
0316.HK:
46.21%
2343.HK:
41.33%
0316.HK:
-89.56%
2343.HK:
-94.65%
0316.HK:
-38.52%
2343.HK:
-82.68%
Fundamentals
0316.HK:
HK$68.08B
2343.HK:
HK$8.51B
0316.HK:
HK$0.00
2343.HK:
HK$0.00
0316.HK:
8.19
2343.HK:
13.75
0316.HK:
0.00
2343.HK:
0.00
0316.HK:
HK$1.90B
2343.HK:
HK$1.15B
0316.HK:
HK$126.27M
2343.HK:
HK$50.39M
0316.HK:
-HK$23.31M
2343.HK:
HK$124.50M
Returns By Period
In the year-to-date period, 0316.HK achieves a 4.54% return, which is significantly higher than 2343.HK's -34.37% return. Over the past 10 years, 0316.HK has outperformed 2343.HK with an annualized return of 22.04%, while 2343.HK has yielded a comparatively lower 0.34% annualized return.
0316.HK
4.54%
1.99%
-12.08%
0.84%
43.99%
22.04%
2343.HK
-34.37%
-18.50%
-36.36%
-35.87%
6.56%
0.34%
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Risk-Adjusted Performance
0316.HK vs. 2343.HK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Orient Overseas International Ltd (0316.HK) and Pacific Basin Shipping Ltd (2343.HK). 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.
Dividends
0316.HK vs. 2343.HK - Dividend Comparison
0316.HK's dividend yield for the trailing twelve months is around 4.82%, less than 2343.HK's 6.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0316.HK Orient Overseas International Ltd | 4.82% | 33.85% | 33.41% | 14.34% | 0.76% | 35.98% | 0.00% | 0.22% | 0.45% | 2.74% | 1.33% | 0.18% |
2343.HK Pacific Basin Shipping Ltd | 6.13% | 12.84% | 42.42% | 4.90% | 1.36% | 2.44% | 2.01% | 0.00% | 0.00% | 2.94% | 1.60% | 0.90% |
Drawdowns
0316.HK vs. 2343.HK - Drawdown Comparison
The maximum 0316.HK drawdown since its inception was -89.56%, smaller than the maximum 2343.HK drawdown of -94.65%. Use the drawdown chart below to compare losses from any high point for 0316.HK and 2343.HK. For additional features, visit the drawdowns tool.
Volatility
0316.HK vs. 2343.HK - Volatility Comparison
Orient Overseas International Ltd (0316.HK) and Pacific Basin Shipping Ltd (2343.HK) have volatilities of 9.52% and 9.91%, 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.
Financials
0316.HK vs. 2343.HK - Financials Comparison
This section allows you to compare key financial metrics between Orient Overseas International Ltd and Pacific Basin Shipping Ltd. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities