0316.HK vs. ^HSI
Compare and contrast key facts about Orient Overseas International Ltd (0316.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0316.HK or ^HSI.
Correlation
The correlation between 0316.HK and ^HSI is 0.18, 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. ^HSI - Performance Comparison
Key characteristics
0316.HK:
-0.06
^HSI:
0.88
0316.HK:
0.68
^HSI:
1.53
0316.HK:
1.09
^HSI:
1.24
0316.HK:
0.26
^HSI:
0.65
0316.HK:
0.61
^HSI:
3.09
0316.HK:
20.42%
^HSI:
10.47%
0316.HK:
41.60%
^HSI:
28.80%
0316.HK:
-89.56%
^HSI:
-91.54%
0316.HK:
-36.35%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 0316.HK achieves a -3.30% return, which is significantly lower than ^HSI's 13.54% return. Over the past 10 years, 0316.HK has outperformed ^HSI with an annualized return of 22.37%, while ^HSI has yielded a comparatively lower -1.99% annualized return.
0316.HK
-3.30%
14.36%
-0.27%
-2.43%
45.71%
22.37%
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
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Risk-Adjusted Performance
0316.HK vs. ^HSI — Risk-Adjusted Performance Rank
0316.HK
^HSI
0316.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Orient Overseas International Ltd (0316.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
0316.HK vs. ^HSI - Drawdown Comparison
The maximum 0316.HK drawdown since its inception was -89.56%, roughly equal to the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 0316.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
0316.HK vs. ^HSI - Volatility Comparison
Orient Overseas International Ltd (0316.HK) has a higher volatility of 18.63% compared to Hang Seng Index (^HSI) at 15.62%. This indicates that 0316.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.