2020.HK vs. ^HSI
2020.HK (ANTA Sports Products Ltd) is a stock, while ^HSI (Hang Seng Index) is an index. Over the past 10 years, 2020.HK returned 18.94%/yr vs 1.85%/yr for ^HSI. At a 0.50 correlation, their price movements are largely independent.
Performance
2020.HK vs. ^HSI - Performance Comparison
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Returns By Period
In the year-to-date period, 2020.HK achieves a -6.45% return, which is significantly lower than ^HSI's -1.47% return. Over the past 10 years, 2020.HK has outperformed ^HSI with an annualized return of 18.94%, while ^HSI has yielded a comparatively lower 1.85% annualized return.
2020.HK
- 1D
- -1.13%
- 1M
- -4.38%
- YTD
- -6.45%
- 6M
- -9.76%
- 1Y
- -20.65%
- 3Y*
- -1.18%
- 5Y*
- -12.07%
- 10Y*
- 18.94%
^HSI
- 1D
- -1.48%
- 1M
- -2.49%
- YTD
- -1.47%
- 6M
- -2.63%
- 1Y
- 6.76%
- 3Y*
- 9.74%
- 5Y*
- -2.67%
- 10Y*
- 1.85%
2020.HK vs. ^HSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
2020.HK ANTA Sports Products Ltd | -6.45% | 6.31% | 5.72% | -24.66% | -10.93% | -4.20% | 77.62% | 87.69% | 8.57% | 58.33% |
^HSI Hang Seng Index | -1.47% | 27.77% | 17.67% | -13.82% | -15.46% | -14.08% | -3.40% | 9.07% | -13.61% | 35.99% |
Correlation
The correlation between 2020.HK and ^HSI is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2007 | 0.50 |
The correlation between 2020.HK and ^HSI shifts across timeframes, from 0.50 (all time) to 0.69 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
2020.HK vs. ^HSI — Risk / Return Rank
2020.HK
^HSI
2020.HK vs. ^HSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ANTA Sports Products Ltd (2020.HK) and Hang Seng Index (^HSI). 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.
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.07 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 0.54 | -1.29 |
| Martin ratioReturn relative to average drawdown | -1.16 | 1.35 | -2.51 |
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
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.80 | 0.37 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | -0.11 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.09 | +0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.27 | +0.11 |
Drawdowns
2020.HK vs. ^HSI - Drawdown Comparison
The maximum 2020.HK drawdown since its inception was -80.80%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 2020.HK and ^HSI.
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Drawdown Indicators
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.80% | -65.18% | -15.62% |
Max Drawdown (1Y)Largest decline over 1 year | -27.26% | -12.82% | -14.44% |
Max Drawdown (3Y)Largest decline over 3 years | -31.94% | -25.49% | -6.45% |
Max Drawdown (5Y)Largest decline over 5 years | -64.85% | -49.85% | -15.00% |
Max Drawdown (10Y)Largest decline over 10 years | -64.85% | -55.70% | -9.15% |
Current DrawdownCurrent decline from peak | -56.36% | -23.83% | -32.53% |
Average DrawdownAverage peak-to-trough decline | -29.22% | -24.17% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.56% | 5.09% | +12.47% |
Volatility
2020.HK vs. ^HSI - Volatility Comparison
The current volatility for ANTA Sports Products Ltd (2020.HK) is 4.34%, while Hang Seng Index (^HSI) has a volatility of 5.18%. This indicates that 2020.HK experiences smaller price fluctuations and is considered to be less risky than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2020.HK | ^HSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.34% | 5.18% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 17.56% | 13.70% | +3.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.57% | 18.52% | +7.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.66% | 25.32% | +16.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.52% | 21.96% | +19.56% |
Frequently Asked Questions
2020.HK and ^HSI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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