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 21.46%/yr vs 10.92%/yr for BTC-USD. At a 0.01 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 -27.29% return, which is significantly higher than BTC-USD's -29.52% return.
1357.HK
- 1D
- -2.68%
- 1M
- 9.23%
- YTD
- -27.29%
- 6M
- -32.22%
- 1Y
- -21.96%
- 3Y*
- 38.28%
- 5Y*
- 21.46%
- 10Y*
- —
BTC-USD
- 1D
- -3.97%
- 1M
- -24.78%
- YTD
- -29.52%
- 6M
- -30.98%
- 1Y
- -39.77%
- 3Y*
- 30.96%
- 5Y*
- 10.92%
- 10Y*
- 59.51%
1357.HK vs. BTC-USD - Yearly Performance Comparison
Correlation
The correlation between 1357.HK and BTC-USD is -0.05, 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 | -0.05 |
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 16, 2016 | 0.01 |
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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.
| 1357.HK | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.26 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.86 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.79 | +0.49 |
| Martin ratioReturn relative to average drawdown | -0.50 | -1.41 | +0.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 1357.HK | BTC-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.29 | -0.92 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.20 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 1.11 | -1.18 |
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 | -65.64% | -50.55% | -15.09% |
Max Drawdown (3Y)Largest decline over 3 years | -65.64% | -50.55% | -15.09% |
Max Drawdown (5Y)Largest decline over 5 years | -68.27% | -76.63% | +8.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.22% | — |
Current DrawdownCurrent decline from peak | -70.04% | -50.55% | -19.49% |
Average DrawdownAverage peak-to-trough decline | -74.70% | -41.90% | -32.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.47% | 33.79% | +4.68% |
Volatility
1357.HK vs. BTC-USD - Volatility Comparison
Meitu Inc (1357.HK) has a higher volatility of 31.83% compared to Bitcoin (BTC-USD) at 10.82%. 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 | 31.83% | 10.82% | +21.01% |
Volatility (6M)Calculated over the trailing 6-month period | 48.11% | 35.02% | +13.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.44% | 36.00% | +30.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.06% | 45.65% | +29.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.22% | 56.14% | +14.08% |
Frequently Asked Questions
1357.HK and BTC-USD have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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