0855.HK vs. TIT.MI
0855.HK (China Water Affairs Group Ltd) and TIT.MI (Telecom Italia S.p.A.) are both stocks. 0855.HK operates in Utilities - Regulated Water (Utilities), while TIT.MI operates in Telecom Services (Communication Services). Over the past 10 years, 0855.HK returned 4.29%/yr vs 1.53%/yr for TIT.MI. At a 0.04 correlation, their price movements are largely independent.
Performance
0855.HK vs. TIT.MI - Performance Comparison
Loading charts...
Different Trading Currencies
0855.HK is traded in HKD, while TIT.MI is traded in EUR. To make them comparable, the TIT.MI values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 0855.HK achieves a -8.69% return, which is significantly lower than TIT.MI's 45.90% return. Over the past 10 years, 0855.HK has outperformed TIT.MI with an annualized return of 4.29%, while TIT.MI has yielded a comparatively lower 1.53% annualized return.
0855.HK
- 1D
- 0.43%
- 1M
- 4.52%
- 6M
- -11.91%
- YTD
- -8.69%
- 1Y
- -23.78%
- 3Y*
- -3.77%
- 5Y*
- 0.12%
- 10Y*
- 4.29%
- ALL TIME*
- 8.07%
TIT.MI
- 1D
- -2.62%
- 1M
- -3.47%
- 6M
- 31.30%
- YTD
- 45.90%
- 1Y
- 84.61%
- 3Y*
- 44.18%
- 5Y*
- 14.87%
- 10Y*
- 1.53%
- ALL TIME*
- -5.65%
0855.HK vs. TIT.MI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
0855.HK China Water Affairs Group Ltd | -8.69% | 7.38% | 27.04% | -29.66% | -40.78% | 91.69% | 9.18% | -26.88% | 22.33% | 44.17% |
TIT.MI Telecom Italia S.p.A. | 45.90% | 135.36% | -21.22% | 40.40% | -52.91% | 6.92% | -25.71% | 12.07% | -36.02% | -0.92% |
Correlation
The correlation between 0855.HK and TIT.MI is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 2007 | 0.04 |
The correlation between 0855.HK and TIT.MI shifts across timeframes, from -0.07 (1 year) to 0.04 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
0855.HK vs. TIT.MI — Risk / Return Rank
0855.HK
TIT.MI
0855.HK vs. TIT.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for China Water Affairs Group Ltd (0855.HK) and Telecom Italia S.p.A. (TIT.MI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 0855.HK | TIT.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.83 | ||
| Sortino ratioReturn per unit of downside risk | -4.68 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.46 | -0.61 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 6.00 | -6.76 |
| Martin ratioReturn relative to average drawdown | -1.34 | 17.98 | -19.32 |
Loading charts...
Drawdowns
0855.HK vs. TIT.MI - Drawdown Comparison
The maximum 0855.HK drawdown since its inception was -88.76%, smaller than the maximum TIT.MI drawdown of -94.72%. Use the drawdown chart below to compare losses from any high point for 0855.HK and TIT.MI.
Loading charts...
Drawdown Indicators
| 0855.HK | TIT.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.76% | -94.72% | +5.96% |
Max Drawdown (1Y)Largest decline over 1 year | -32.13% | -14.09% | -18.04% |
Max Drawdown (3Y)Largest decline over 3 years | -41.93% | -34.21% | -7.72% |
Max Drawdown (5Y)Largest decline over 5 years | -64.13% | -69.99% | +5.86% |
Max Drawdown (10Y)Largest decline over 10 years | -64.13% | -84.66% | +20.53% |
Current DrawdownCurrent decline from peak | -49.29% | -72.21% | +22.92% |
Average DrawdownAverage peak-to-trough decline | -38.41% | -71.72% | +33.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.90% | 4.71% | +13.19% |
Volatility
0855.HK vs. TIT.MI - Volatility Comparison
China Water Affairs Group Ltd (0855.HK) has a higher volatility of 9.20% compared to Telecom Italia S.p.A. (TIT.MI) at 5.05%. This indicates that 0855.HK's price experiences larger fluctuations and is considered to be riskier than TIT.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| 0855.HK | TIT.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 5.05% | +4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 17.91% | 19.31% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.84% | 29.43% | -3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.40% | 41.82% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.35% | 38.03% | -3.68% |
Dividends
0855.HK vs. TIT.MI - Dividend Comparison
0855.HK's dividend yield for the trailing twelve months is around 6.06%, while TIT.MI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0855.HK China Water Affairs Group Ltd | 6.06% | 5.38% | 5.48% | 7.93% | 2.79% | 2.86% | 5.12% | 5.15% | 3.22% | 2.55% | 1.78% | 1.88% |
TIT.MI Telecom Italia S.p.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
0855.HK vs. TIT.MI - Financials Comparison
This section allows you to compare key financial metrics between China Water Affairs Group Ltd and Telecom Italia S.p.A.. 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
Frequently Asked Questions
0855.HK and TIT.MI have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for 0855.HK and TIT.MI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer