2020.HK vs. ^HSI
Compare and contrast key facts about ANTA Sports Products Ltd (2020.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 2020.HK or ^HSI.
Correlation
The correlation between 2020.HK and ^HSI is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
2020.HK vs. ^HSI - Performance Comparison
Key characteristics
2020.HK:
0.23
^HSI:
0.54
2020.HK:
0.66
^HSI:
0.93
2020.HK:
1.07
^HSI:
1.12
2020.HK:
0.15
^HSI:
0.25
2020.HK:
0.56
^HSI:
1.47
2020.HK:
16.86%
^HSI:
9.22%
2020.HK:
42.03%
^HSI:
25.33%
2020.HK:
-80.80%
^HSI:
-91.54%
2020.HK:
-55.97%
^HSI:
-42.50%
Returns By Period
In the year-to-date period, 2020.HK achieves a -0.06% return, which is significantly higher than ^HSI's -4.96% return. Over the past 10 years, 2020.HK has outperformed ^HSI with an annualized return of 22.25%, while ^HSI has yielded a comparatively lower -2.38% annualized return.
2020.HK
-0.06%
-7.57%
4.22%
8.83%
2.41%
22.25%
^HSI
-4.96%
-6.53%
4.21%
17.36%
-8.21%
-2.38%
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Risk-Adjusted Performance
2020.HK vs. ^HSI — Risk-Adjusted Performance Rank
2020.HK
^HSI
2020.HK vs. ^HSI - Risk-Adjusted Performance 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.
Drawdowns
2020.HK vs. ^HSI - Drawdown Comparison
The maximum 2020.HK drawdown since its inception was -80.80%, smaller than the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 2020.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
2020.HK vs. ^HSI - Volatility Comparison
ANTA Sports Products Ltd (2020.HK) has a higher volatility of 8.49% compared to Hang Seng Index (^HSI) at 4.30%. This indicates that 2020.HK's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.