0992.HK vs. LNVGY

Last updated Jun 5, 2026

0992.HK (Lenovo Group) and LNVGY (Lenovo Group Limited) are both stocks. Both operate in the Computer Hardware industry within the Technology sector. Over the past 10 years, 0992.HK returned 24.26%/yr vs 25.01%/yr for LNVGY. A 0.79 correlation means they provide meaningful diversification when combined.

Performance

0992.HK vs. LNVGY - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Lenovo Group (0992.HK) and Lenovo Group Limited (LNVGY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0992.HK is traded in HKD, while LNVGY is traded in USD. To make them comparable, the LNVGY values have been converted to HKD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with 0992.HK having a 169.98% return and LNVGY slightly lower at 165.85%. Both investments have delivered pretty close results over the past 10 years, with 0992.HK having a 24.26% annualized return and LNVGY not far ahead at 25.01%.

0992.HK

• 1D: -4.36%
• 1M: 114.78%
• YTD: 169.98%
• 6M: 152.27%
• 1Y: 188.96%
• 3Y*: 55.05%
• 5Y*: 27.43%
• 10Y*: 24.26%

LNVGY

• 1D: -3.54%
• 1M: 109.92%
• YTD: 165.85%
• 6M: 149.54%
• 1Y: 182.95%
• 3Y*: 54.26%
• 5Y*: 26.89%
• 10Y*: 25.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

0992.HK vs. LNVGY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
0992.HK Lenovo Group	169.98%	-5.39%	-3.95%	78.02%	-24.59%	27.54%	48.13%	3.69%	27.50%	-0.80%
LNVGY Lenovo Group Limited	165.85%	-4.19%	-4.79%	80.44%	-25.64%	28.75%	47.14%	4.07%	26.65%	3.90%

Correlation

The correlation between 0992.HK and LNVGY is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.79

The correlation between 0992.HK and LNVGY has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.

Return for Risk

0992.HK vs. LNVGY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0992.HK

0992.HK Risk / Return Rank: 95
0992.HK Sharpe Ratio Rank: 98
0992.HK Sortino Ratio Rank: 98
0992.HK Omega Ratio Rank: 97
0992.HK Calmar Ratio Rank: 94
0992.HK Martin Ratio Rank: 90

LNVGY

LNVGY Risk / Return Rank: 95
LNVGY Sharpe Ratio Rank: 97
LNVGY Sortino Ratio Rank: 98
LNVGY Omega Ratio Rank: 96
LNVGY Calmar Ratio Rank: 94
LNVGY Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0992.HK vs. LNVGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lenovo Group (0992.HK) and Lenovo Group Limited (LNVGY). 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.

	0992.HK	LNVGY	Difference
Sharpe ratio: Return per unit of total volatility	4.10	3.87	+0.23
Sortino ratio: Return per unit of downside risk	5.57	5.16	+0.42
Omega ratio: Gain probability vs. loss probability	1.66	1.64	+0.02
Calmar ratio: Return relative to maximum drawdown	6.30	6.35	-0.05
Martin ratio: Return relative to average drawdown	11.88	12.00	-0.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0992.HK vs. LNVGY - Sharpe Ratio Comparison

The current 0992.HK Sharpe Ratio is 4.10, which is comparable to the LNVGY Sharpe Ratio of 3.87. The chart below compares the historical Sharpe Ratios of 0992.HK and LNVGY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0992.HK	LNVGY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.10	3.87	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.59	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.62	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.30	-0.02

Drawdowns

0992.HK vs. LNVGY - Drawdown Comparison

The maximum 0992.HK drawdown since its inception was -89.83%, which is greater than LNVGY's maximum drawdown of -84.37%. Use the drawdown chart below to compare losses from any high point for 0992.HK and LNVGY.

Drawdown Indicators

	0992.HK	LNVGY	Difference
Max Drawdown Largest peak-to-trough decline	-89.83%	-84.37%	-5.46%
Max Drawdown (1Y) Largest decline over 1 year	-31.21%	-28.99%	-2.22%
Max Drawdown (3Y) Largest decline over 3 years	-44.85%	-44.60%	-0.25%
Max Drawdown (5Y) Largest decline over 5 years	-44.85%	-54.65%	+9.80%
Max Drawdown (10Y) Largest decline over 10 years	-49.03%	-54.65%	+5.62%
Current Drawdown Current decline from peak	-5.94%	-6.79%	+0.85%
Average Drawdown Average peak-to-trough decline	-51.02%	-35.23%	-15.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.38%	15.32%	+1.06%

Volatility

0992.HK vs. LNVGY - Volatility Comparison

Lenovo Group (0992.HK) and Lenovo Group Limited (LNVGY) have volatilities of 30.48% and 31.09%, 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.

Volatility by Period

	0992.HK	LNVGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.48%	31.09%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	39.18%	39.26%	-0.08%
Volatility (1Y) Calculated over the trailing 1-year period	47.95%	47.55%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.87%	46.18%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.51%	40.49%	+0.02%

Dividends

0992.HK vs. LNVGY - Dividend Comparison

0992.HK's dividend yield for the trailing twelve months is around 1.22%, less than LNVGY's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0992.HK Lenovo Group	1.22%	3.29%	3.82%	3.48%	5.93%	3.57%	3.84%	5.37%	5.01%	6.01%	5.64%	3.37%
LNVGY Lenovo Group Limited	1.59%	4.21%	3.83%	3.47%	5.98%	3.58%	3.77%	5.21%	4.74%	10.40%	10.61%	3.21%

Financials

Frequently Asked Questions

Can I hold both 0992.HK and LNVGY in my portfolio?

0992.HK and LNVGY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.