1357.HK vs. BTC-USD
1357.HK (Meitu Inc) is a stock, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, 1357.HK returned 23.27%/yr vs 15.51%/yr for BTC-USD. At a 0.02 correlation, their price movements are largely independent.
Performance
1357.HK vs. BTC-USD - Performance Comparison
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Different Trading Currencies
1357.HK is traded in HKD, while BTC-USD is traded in USD. To make them comparable, the BTC-USD values have been converted to HKD using the latest available exchange rates.
Returns By Period
In the year-to-date period, 1357.HK achieves a -40.52% return, which is significantly lower than BTC-USD's -24.58% return.
1357.HK
- 1D
- 4.04%
- 1M
- -5.94%
- 6M
- -49.66%
- YTD
- -40.52%
- 1Y
- -62.58%
- 3Y*
- 13.73%
- 5Y*
- 23.27%
- 10Y*
- —
- ALL TIME*
- -6.92%
BTC-USD
- 1D
- 1.29%
- 1M
- 3.26%
- 6M
- -28.82%
- YTD
- -24.58%
- 1Y
- -44.22%
- 3Y*
- 30.00%
- 5Y*
- 15.51%
- 10Y*
- 58.67%
- ALL TIME*
- 88.99%
1357.HK vs. BTC-USD - Yearly Performance Comparison
Correlation
The correlation between 1357.HK and BTC-USD 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 | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2016 | 0.02 |
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Return for Risk
1357.HK vs. BTC-USD — Risk / Return Rank
1357.HK
BTC-USD
1357.HK vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meitu Inc (1357.HK) and Bitcoin (BTC-USD). 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.
| 1357.HK | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.84 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | -0.84 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.41 | -1.33 | -0.08 |
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Drawdowns
1357.HK vs. BTC-USD - Drawdown Comparison
The maximum 1357.HK drawdown since its inception was -96.33%, which is greater than BTC-USD's maximum drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for 1357.HK and BTC-USD.
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Drawdown Indicators
| 1357.HK | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.33% | -85.30% | -11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -69.65% | -52.72% | -16.93% |
Max Drawdown (3Y)Largest decline over 3 years | -69.65% | -52.72% | -16.93% |
Max Drawdown (5Y)Largest decline over 5 years | -69.65% | -76.63% | +6.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.22% | — |
Current DrawdownCurrent decline from peak | -75.49% | -47.09% | -28.40% |
Average DrawdownAverage peak-to-trough decline | -74.68% | -42.22% | -32.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.47% | 27.47% | +17.00% |
Volatility
1357.HK vs. BTC-USD - Volatility Comparison
Meitu Inc (1357.HK) has a higher volatility of 21.47% compared to Bitcoin (BTC-USD) at 9.30%. This indicates that 1357.HK's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 1357.HK | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.47% | 9.30% | +12.17% |
Volatility (6M)Calculated over the trailing 6-month period | 50.54% | 35.64% | +14.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.83% | 36.09% | +30.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.34% | 44.66% | +30.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.06% | 55.67% | +14.39% |
Frequently Asked Questions
1357.HK and BTC-USD 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 1357.HK and BTC-USD
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