1316.HK vs. 0696.HK

Last updated Jun 5, 2026

1316.HK (Nexteer Automotive Group Ltd) and 0696.HK (TravelSky Technology Ltd) are both stocks. 1316.HK operates in Auto Parts (Consumer Cyclical), while 0696.HK operates in Information Technology Services (Technology). Over the past 10 years, 1316.HK returned -2.56%/yr vs -4.33%/yr for 0696.HK. At a 0.33 correlation, their price movements are largely independent.

Performance

1316.HK vs. 0696.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Nexteer Automotive Group Ltd (1316.HK) and TravelSky Technology Ltd (0696.HK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 1316.HK achieves a -21.84% return, which is significantly lower than 0696.HK's -12.35% return. Over the past 10 years, 1316.HK has outperformed 0696.HK with an annualized return of -2.56%, while 0696.HK has yielded a comparatively lower -4.33% annualized return.

1316.HK

• 1D: -0.40%
• 1M: 2.04%
• YTD: -21.84%
• 6M: -16.78%
• 1Y: -10.47%
• 3Y*: 10.13%
• 5Y*: -13.48%
• 10Y*: -2.56%

0696.HK

• 1D: -1.10%
• 1M: -9.08%
• YTD: -12.35%
• 6M: -15.95%
• 1Y: -18.43%
• 3Y*: -14.65%
• 5Y*: -10.93%
• 10Y*: -4.33%

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

1316.HK vs. 0696.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
1316.HK Nexteer Automotive Group Ltd	-21.84%	95.63%	-32.27%	-2.59%	-46.43%	16.98%	23.64%	-35.08%	-39.08%	105.68%
0696.HK TravelSky Technology Ltd	-12.35%	1.30%	-21.55%	-17.86%	26.36%	-29.76%	0.47%	-3.32%	-13.34%	45.48%

Correlation

The correlation between 1316.HK and 0696.HK is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Oct 8, 2013	0.33

The correlation between 1316.HK and 0696.HK shifts across timeframes, from 0.27 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

1316.HK vs. 0696.HK — Risk / Return Rank

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

1316.HK

1316.HK Risk / Return Rank: 32
1316.HK Sharpe Ratio Rank: 32
1316.HK Sortino Ratio Rank: 32
1316.HK Omega Ratio Rank: 31
1316.HK Calmar Ratio Rank: 33
1316.HK Martin Ratio Rank: 33

0696.HK

0696.HK Risk / Return Rank: 18
0696.HK Sharpe Ratio Rank: 15
0696.HK Sortino Ratio Rank: 15
0696.HK Omega Ratio Rank: 16
0696.HK Calmar Ratio Rank: 21
0696.HK Martin Ratio Rank: 22

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.

1316.HK vs. 0696.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nexteer Automotive Group Ltd (1316.HK) and TravelSky Technology Ltd (0696.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.

	1316.HK	0696.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.22	-0.63	+0.40
Sortino ratio: Return per unit of downside risk	0.04	-0.76	+0.79
Omega ratio: Gain probability vs. loss probability	1.00	0.91	+0.09
Calmar ratio: Return relative to maximum drawdown	-0.26	-0.57	+0.31
Martin ratio: Return relative to average drawdown	-0.50	-0.99	+0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

1316.HK vs. 0696.HK - Sharpe Ratio Comparison

The current 1316.HK Sharpe Ratio is -0.22, which is higher than the 0696.HK Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of 1316.HK and 0696.HK, 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

	1316.HK	0696.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	-0.63	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	-0.27	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.05	-0.11	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.23	-0.10

Drawdowns

1316.HK vs. 0696.HK - Drawdown Comparison

The maximum 1316.HK drawdown since its inception was -86.71%, which is greater than 0696.HK's maximum drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for 1316.HK and 0696.HK.

Drawdown Indicators

	1316.HK	0696.HK	Difference
Max Drawdown Largest peak-to-trough decline	-86.71%	-80.08%	-6.63%
Max Drawdown (1Y) Largest decline over 1 year	-45.34%	-30.37%	-14.97%
Max Drawdown (3Y) Largest decline over 3 years	-59.63%	-51.31%	-8.32%
Max Drawdown (5Y) Largest decline over 5 years	-79.94%	-58.45%	-21.49%
Max Drawdown (10Y) Largest decline over 10 years	-86.71%	-70.53%	-16.18%
Current Drawdown Current decline from peak	-71.16%	-62.81%	-8.35%
Average Drawdown Average peak-to-trough decline	-44.35%	-28.02%	-16.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.03%	17.36%	+6.67%

Volatility

1316.HK vs. 0696.HK - Volatility Comparison

Nexteer Automotive Group Ltd (1316.HK) has a higher volatility of 14.91% compared to TravelSky Technology Ltd (0696.HK) at 6.36%. This indicates that 1316.HK's price experiences larger fluctuations and is considered to be riskier than 0696.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	1316.HK	0696.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.91%	6.36%	+8.55%
Volatility (6M) Calculated over the trailing 6-month period	36.21%	19.78%	+16.43%
Volatility (1Y) Calculated over the trailing 1-year period	53.33%	27.73%	+25.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.82%	41.64%	+19.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.46%	39.21%	+19.25%

Dividends

1316.HK vs. 0696.HK - Dividend Comparison

1316.HK's dividend yield for the trailing twelve months is around 1.36%, less than 0696.HK's 2.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0696.HK TravelSky Technology Ltd	2.90%	2.54%	1.69%	0.43%	0.39%	0.15%	1.69%	1.61%	1.52%	1.08%	1.20%	1.32%
1316.HK Nexteer Automotive Group Ltd	1.36%	1.06%	0.70%	0.74%	1.45%	0.75%	3.01%	3.43%	1.96%	1.00%	1.35%	1.16%

Financials

Frequently Asked Questions

Can I hold both 1316.HK and 0696.HK in my portfolio?

1316.HK and 0696.HK have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.