2343.HK vs. 0316.HK
Compare and contrast key facts about Pacific Basin Shipping Ltd (2343.HK) and Orient Overseas International Ltd (0316.HK).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 2343.HK or 0316.HK.
Correlation
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.
Performance
2343.HK vs. 0316.HK - Performance Comparison
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Key characteristics
2343.HK:
-0.98
0316.HK:
-0.13
2343.HK:
-1.00
0316.HK:
0.75
2343.HK:
0.88
0316.HK:
1.10
2343.HK:
-0.40
0316.HK:
0.32
2343.HK:
-0.99
0316.HK:
0.74
2343.HK:
31.96%
0316.HK:
20.45%
2343.HK:
40.64%
0316.HK:
41.72%
2343.HK:
-94.03%
0316.HK:
-89.56%
2343.HK:
-74.19%
0316.HK:
-34.36%
Fundamentals
2343.HK:
HK$8.85B
0316.HK:
HK$75.94B
2343.HK:
HK$0.00
0316.HK:
HK$0.00
2343.HK:
9.16
0316.HK:
3.80
2343.HK:
0.00
0316.HK:
0.00
2343.HK:
3.43
0316.HK:
7.10
2343.HK:
0.62
0316.HK:
0.72
Returns By Period
In the year-to-date period, 2343.HK achieves a 7.94% return, which is significantly higher than 0316.HK's -0.26% return. Over the past 10 years, 2343.HK has underperformed 0316.HK with an annualized return of 4.44%, while 0316.HK has yielded a comparatively higher 23.05% annualized return.
2343.HK
7.94%
13.41%
-15.48%
-38.34%
26.34%
4.44%
0316.HK
-0.26%
12.75%
4.26%
-6.05%
47.11%
23.05%
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Risk-Adjusted Performance
2343.HK vs. 0316.HK — Risk-Adjusted Performance Rank
2343.HK
0316.HK
2343.HK vs. 0316.HK - Risk-Adjusted Performance Comparison
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.
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Dividends
2343.HK vs. 0316.HK - Dividend Comparison
2343.HK's dividend yield for the trailing twelve months is around 5.17%, more than 0316.HK's 4.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
2343.HK Pacific Basin Shipping Ltd | 5.17% | 6.02% | 12.84% | 42.42% | 4.90% | 1.36% | 2.44% | 2.01% | 0.00% | 0.00% | 2.94% | 1.60% |
0316.HK Orient Overseas International Ltd | 4.52% | 4.51% | 33.85% | 18.03% | 12.85% | 0.76% | 35.98% | 0.00% | 0.22% | 0.45% | 2.74% | 1.61% |
Drawdowns
2343.HK vs. 0316.HK - Drawdown Comparison
The maximum 2343.HK drawdown since its inception was -94.03%, roughly equal to the maximum 0316.HK drawdown of -89.56%. Use the drawdown chart below to compare losses from any high point for 2343.HK and 0316.HK. For additional features, visit the drawdowns tool.
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Volatility
2343.HK vs. 0316.HK - Volatility Comparison
The current volatility for Pacific Basin Shipping Ltd (2343.HK) is 13.89%, while Orient Overseas International Ltd (0316.HK) has a volatility of 18.18%. This indicates that 2343.HK experiences smaller price fluctuations and is considered to be less risky than 0316.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
2343.HK vs. 0316.HK - Financials Comparison
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.
Total Revenue: Total amount of money received from sales and other business activities