2343.HK vs. 0316.HK

The year-to-date returns for both investments are quite close, with 2343.HK having a 27.17% return and 0316.HK slightly higher at 28.33%. Over the past 10 years, 2343.HK has underperformed 0316.HK with an annualized return of 7.80%, while 0316.HK has yielded a comparatively higher 25.19% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Pacific Basin Shipping Ltd (2343.HK) and Orient Overseas International Ltd (0316.HK). 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.

The current 2343.HK Sharpe Ratio is -0.32, which is lower than the 0316.HK Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of 2343.HK and 0316.HK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between 2343.HK and 0316.HK is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

2343.HK's dividend yield for the trailing twelve months is around 4.39%, less than 0316.HK's 11.09% yield.

The maximum 2343.HK drawdown since its inception was -94.03%, which is greater than 0316.HK's maximum drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for 2343.HK and 0316.HK.

Pacific Basin Shipping Ltd (2343.HK) has a higher volatility of 27.31% compared to Orient Overseas International Ltd (0316.HK) at 8.29%. This indicates that 2343.HK's price experiences larger fluctuations and is considered to be riskier than 0316.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

This section allows you to compare key financial metrics between Pacific Basin Shipping Ltd and Orient Overseas International Ltd. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.