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2343.HK vs. SBLK
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

2343.HK vs. SBLK - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Pacific Basin Shipping Ltd (2343.HK) and Star Bulk Carriers Corp. (SBLK). The values are adjusted to include any dividend payments, if applicable.

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2343.HK vs. SBLK - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
2343.HK
Pacific Basin Shipping Ltd
26.18%45.63%-32.76%9.17%24.18%102.25%-8.52%12.58%-10.75%35.20%
SBLK
Star Bulk Carriers Corp.
29.45%31.02%-21.45%19.23%8.68%186.70%-25.11%29.13%-18.65%122.04%
Different Trading Currencies

2343.HK is traded in HKD, while SBLK is traded in USD. To make them comparable, the SBLK values have been converted to HKD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with 2343.HK having a 26.18% return and SBLK slightly lower at 25.86%. Over the past 10 years, 2343.HK has underperformed SBLK with an annualized return of 20.40%, while SBLK has yielded a comparatively higher 27.61% annualized return.


2343.HK

1D
-1.67%
1M
-17.42%
YTD
26.18%
6M
20.99%
1Y
73.32%
3Y*
5.42%
5Y*
18.18%
10Y*
20.40%

SBLK

1D
0.00%
1M
-8.09%
YTD
25.86%
6M
31.33%
1Y
56.31%
3Y*
11.68%
5Y*
23.94%
10Y*
27.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

2343.HK vs. SBLK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

2343.HK
2343.HK Risk / Return Rank: 8585
Overall Rank
2343.HK Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
2343.HK Sortino Ratio Rank: 8181
Sortino Ratio Rank
2343.HK Omega Ratio Rank: 8585
Omega Ratio Rank
2343.HK Calmar Ratio Rank: 8888
Calmar Ratio Rank
2343.HK Martin Ratio Rank: 8686
Martin Ratio Rank

SBLK
SBLK Risk / Return Rank: 8383
Overall Rank
SBLK Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
SBLK Sortino Ratio Rank: 8080
Sortino Ratio Rank
SBLK Omega Ratio Rank: 8080
Omega Ratio Rank
SBLK Calmar Ratio Rank: 8484
Calmar Ratio Rank
SBLK Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

2343.HK vs. SBLK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacific Basin Shipping Ltd (2343.HK) and Star Bulk Carriers Corp. (SBLK). 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.


2343.HKSBLKDifference

Sharpe ratio

Return per unit of total volatility

1.66

1.62

+0.04

Sortino ratio

Return per unit of downside risk

2.26

2.09

+0.17

Omega ratio

Gain probability vs. loss probability

1.35

1.29

+0.06

Calmar ratio

Return relative to maximum drawdown

3.85

2.89

+0.95

Martin ratio

Return relative to average drawdown

9.23

8.16

+1.07

2343.HK vs. SBLK - Sharpe Ratio Comparison

The current 2343.HK Sharpe Ratio is 1.66, which is comparable to the SBLK Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of 2343.HK and SBLK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


2343.HKSBLKDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.66

1.62

+0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.53

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

0.52

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

-0.21

+0.21

Correlation

The correlation between 2343.HK and SBLK is 0.12, 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.


Dividends

2343.HK vs. SBLK - Dividend Comparison

2343.HK's dividend yield for the trailing twelve months is around 2.28%, less than SBLK's 2.38% yield.


TTM20252024202320222021202020192018201720162015
2343.HK
Pacific Basin Shipping Ltd
2.28%2.88%5.90%12.65%42.42%4.90%1.43%2.26%1.68%0.00%0.00%0.82%
SBLK
Star Bulk Carriers Corp.
2.38%1.56%16.72%7.38%33.80%9.93%0.57%0.42%0.00%0.00%0.00%0.00%

Drawdowns

2343.HK vs. SBLK - Drawdown Comparison

The maximum 2343.HK drawdown since its inception was -99.99%, roughly equal to the maximum SBLK drawdown of -99.76%. Use the drawdown chart below to compare losses from any high point for 2343.HK and SBLK.


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Drawdown Indicators


2343.HKSBLKDifference

Max Drawdown

Largest peak-to-trough decline

-99.99%

-99.76%

-0.23%

Max Drawdown (1Y)

Largest decline over 1 year

-19.83%

-17.49%

-2.34%

Max Drawdown (5Y)

Largest decline over 5 years

-52.32%

-48.44%

-3.88%

Max Drawdown (10Y)

Largest decline over 10 years

-61.45%

-73.77%

+12.32%

Current Drawdown

Current decline from peak

-99.94%

-94.20%

-5.74%

Average Drawdown

Average peak-to-trough decline

-79.00%

-82.60%

+3.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.27%

6.77%

+1.50%

Volatility

2343.HK vs. SBLK - Volatility Comparison

The current volatility for Pacific Basin Shipping Ltd (2343.HK) is 10.43%, while Star Bulk Carriers Corp. (SBLK) has a volatility of 11.51%. This indicates that 2343.HK experiences smaller price fluctuations and is considered to be less risky than SBLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


2343.HKSBLKDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.43%

11.51%

-1.08%

Volatility (6M)

Calculated over the trailing 6-month period

27.82%

22.61%

+5.21%

Volatility (1Y)

Calculated over the trailing 1-year period

45.61%

34.89%

+10.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.73%

45.00%

+2.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.56%

53.68%

-6.12%

Financials

2343.HK vs. SBLK - Financials Comparison

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


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Please note, different currencies. 2343.HK values in HKD, SBLK values in USD