1128.HK vs. USD=X
1128.HK (Wynn Macau Ltd) is a stock, while USD=X (USD Cash) is a currency. Over the past 10 years, 1128.HK returned -4.57%/yr vs 0.10%/yr for USD=X. At a correlation of -0.07, they often move in opposite directions.
Performance
1128.HK vs. USD=X - Performance Comparison
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Different Trading Currencies
1128.HK is traded in HKD, while USD=X is traded in USD. To make them comparable, the USD=X values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 1128.HK achieves a -5.00% return, which is significantly lower than USD=X's 0.68% return. Over the past 10 years, 1128.HK has underperformed USD=X with an annualized return of -4.57%, while USD=X has yielded a comparatively higher 0.10% annualized return.
1128.HK
- 1D
- 0.18%
- 1M
- -1.18%
- YTD
- -5.00%
- 6M
- -9.72%
- 1Y
- 13.58%
- 3Y*
- -5.97%
- 5Y*
- -14.10%
- 10Y*
- -4.57%
USD=X
- 1D
- 0.00%
- 1M
- 0.07%
- YTD
- 0.68%
- 6M
- 0.69%
- 1Y
- -0.17%
- 3Y*
- 0.07%
- 5Y*
- 0.19%
- 10Y*
- 0.10%
1128.HK vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
1128.HK Wynn Macau Ltd | -5.00% | 17.14% | -14.13% | -26.09% | 36.58% | -51.08% | -32.19% | 18.86% | -27.88% | 107.95% |
USD=X USD Cash | 0.68% | 0.19% | -0.52% | -0.01% | 0.17% | 0.54% | -0.45% | -0.53% | 0.22% | 0.77% |
Correlation
The correlation between 1128.HK and USD=X is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2009 | -0.07 |
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Return for Risk
1128.HK vs. USD=X — Risk / Return Rank
1128.HK
USD=X
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
1128.HK vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wynn Macau Ltd (1128.HK) and USD Cash (USD=X). 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.
| 1128.HK | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.96 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | -0.17 | +0.62 |
| Martin ratioReturn relative to average drawdown | 0.81 | -0.29 | +1.10 |
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Drawdowns
1128.HK vs. USD=X - Drawdown Comparison
The maximum 1128.HK drawdown since its inception was -89.41%, which is greater than USD=X's maximum drawdown of -1.30%. Use the drawdown chart below to compare losses from any high point for 1128.HK and USD=X.
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Drawdown Indicators
| 1128.HK | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.41% | -1.30% | -88.11% |
Max Drawdown (1Y)Largest decline over 1 year | -26.48% | -1.07% | -25.41% |
Max Drawdown (3Y)Largest decline over 3 years | -42.07% | -1.25% | -40.82% |
Max Drawdown (5Y)Largest decline over 5 years | -76.79% | -1.28% | -75.51% |
Max Drawdown (10Y)Largest decline over 10 years | -89.41% | -1.30% | -88.11% |
Current DrawdownCurrent decline from peak | -78.66% | -0.19% | -78.47% |
Average DrawdownAverage peak-to-trough decline | -45.86% | -0.67% | -45.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.81% | 0.10% | +14.71% |
Volatility
1128.HK vs. USD=X - Volatility Comparison
Wynn Macau Ltd (1128.HK) has a higher volatility of 8.72% compared to USD Cash (USD=X) at 0.09%. This indicates that 1128.HK's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 1128.HK | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 0.09% | +8.63% |
Volatility (6M)Calculated over the trailing 6-month period | 17.23% | 0.54% | +16.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.32% | 0.70% | +29.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.23% | 0.68% | +48.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.25% | 0.60% | +44.65% |
Frequently Asked Questions
1128.HK and USD=X have a correlation of 0.01, 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 1128.HK and USD=X
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