PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
2269.HK vs. ^HSI
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


2269.HK^HSI
YTD Return-60.81%4.92%
1Y Return-69.27%-5.31%
3Y Return (Ann)-57.25%-15.13%
5Y Return (Ann)-12.42%-8.89%
Sharpe Ratio-1.00-0.37
Daily Std Dev72.29%22.69%
Max Drawdown-92.46%-91.54%
Current Drawdown-92.03%-46.05%

Correlation

-0.50.00.51.00.5

The correlation between 2269.HK and ^HSI is 0.54, 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

2269.HK vs. ^HSI - Performance Comparison

In the year-to-date period, 2269.HK achieves a -60.81% return, which is significantly lower than ^HSI's 4.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%0.00%50.00%100.00%150.00%200.00%2024FebruaryMarchAprilMayJune
23.09%
-30.87%
2269.HK
^HSI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


WuXi Biologics

Hang Seng Index

Risk-Adjusted Performance

2269.HK vs. ^HSI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WuXi Biologics (2269.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.


2269.HK
Sharpe ratio
The chart of Sharpe ratio for 2269.HK, currently valued at -1.00, compared to the broader market-2.00-1.000.001.002.003.00-1.00
Sortino ratio
The chart of Sortino ratio for 2269.HK, currently valued at -1.74, compared to the broader market-4.00-2.000.002.004.006.00-1.74
Omega ratio
The chart of Omega ratio for 2269.HK, currently valued at 0.77, compared to the broader market0.501.001.502.000.77
Calmar ratio
The chart of Calmar ratio for 2269.HK, currently valued at -0.80, compared to the broader market0.002.004.006.00-0.80
Martin ratio
The chart of Martin ratio for 2269.HK, currently valued at -1.54, compared to the broader market0.0010.0020.00-1.54
^HSI
Sharpe ratio
The chart of Sharpe ratio for ^HSI, currently valued at -0.33, compared to the broader market-2.00-1.000.001.002.003.00-0.33
Sortino ratio
The chart of Sortino ratio for ^HSI, currently valued at -0.34, compared to the broader market-4.00-2.000.002.004.006.00-0.34
Omega ratio
The chart of Omega ratio for ^HSI, currently valued at 0.96, compared to the broader market0.501.001.502.000.96
Calmar ratio
The chart of Calmar ratio for ^HSI, currently valued at -0.14, compared to the broader market0.002.004.006.00-0.14
Martin ratio
The chart of Martin ratio for ^HSI, currently valued at -0.54, compared to the broader market0.0010.0020.00-0.54

2269.HK vs. ^HSI - Sharpe Ratio Comparison

The current 2269.HK Sharpe Ratio is -1.00, which is lower than the ^HSI Sharpe Ratio of -0.37. The chart below compares the 12-month rolling Sharpe Ratio of 2269.HK and ^HSI.


Rolling 12-month Sharpe Ratio-1.00-0.500.002024FebruaryMarchAprilMayJune
-1.00
-0.33
2269.HK
^HSI

Drawdowns

2269.HK vs. ^HSI - Drawdown Comparison

The maximum 2269.HK drawdown since its inception was -92.46%, roughly equal to the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 2269.HK and ^HSI. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%2024FebruaryMarchAprilMayJune
-92.08%
-45.97%
2269.HK
^HSI

Volatility

2269.HK vs. ^HSI - Volatility Comparison

WuXi Biologics (2269.HK) has a higher volatility of 17.70% compared to Hang Seng Index (^HSI) at 5.46%. This indicates that 2269.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.


0.00%10.00%20.00%30.00%40.00%2024FebruaryMarchAprilMayJune
17.70%
5.46%
2269.HK
^HSI