2362.HK vs. ^HSI

Last updated Jun 5, 2026

2362.HK (Jinchuan Group International Resources Co Ltd) is a stock, while ^HSI (Hang Seng Index) is an index. Over the past 10 years, 2362.HK returned 8.39%/yr vs 1.85%/yr for ^HSI. At a 0.23 correlation, their price movements are largely independent.

Performance

2362.HK vs. ^HSI - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Jinchuan Group International Resources Co Ltd (2362.HK) and Hang Seng Index (^HSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

Over the past 10 years, 2362.HK has outperformed ^HSI with an annualized return of 8.39%, while ^HSI has yielded a comparatively lower 1.85% annualized return.

2362.HK

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 14.71%
• 5Y*: -11.33%
• 10Y*: 8.39%

^HSI

• 1D: -1.48%
• 1M: -2.49%
• YTD: -1.47%
• 6M: -2.63%
• 1Y: 6.76%
• 3Y*: 9.74%
• 5Y*: -2.67%
• 10Y*: 1.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

2362.HK vs. ^HSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
2362.HK Jinchuan Group International Resources Co Ltd	0.00%	20.75%	-18.26%	16.63%	-58.73%	33.45%	57.19%	3.33%	-47.06%	95.08%
^HSI Hang Seng Index	-1.47%	27.77%	17.67%	-13.82%	-15.46%	-14.08%	-3.40%	9.07%	-13.61%	35.99%

Correlation

The correlation between 2362.HK and ^HSI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jul 10, 2001	0.23

The correlation between 2362.HK and ^HSI shifts across timeframes, from 0.23 (all time) to 0.40 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

2362.HK vs. ^HSI — Risk / Return Rank

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

^HSI

^HSI Risk / Return Rank: 27
^HSI Sharpe Ratio Rank: 27
^HSI Sortino Ratio Rank: 26
^HSI Omega Ratio Rank: 25
^HSI Calmar Ratio Rank: 28
^HSI Martin Ratio Rank: 29

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.

2362.HK vs. ^HSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Jinchuan Group International Resources Co Ltd (2362.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	2362.HK	^HSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.37	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.22	-0.11	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	0.09	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.06	0.27	-0.32

Drawdowns

2362.HK vs. ^HSI - Drawdown Comparison

The maximum 2362.HK drawdown since its inception was -98.04%, which is greater than ^HSI's maximum drawdown of -65.18%. Use the drawdown chart below to compare losses from any high point for 2362.HK and ^HSI.

Drawdown Indicators

	2362.HK	^HSI	Difference
Max Drawdown Largest peak-to-trough decline	-98.04%	-65.18%	-32.86%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-12.82%	+12.82%
Max Drawdown (3Y) Largest decline over 3 years	-55.13%	-25.49%	-29.64%
Max Drawdown (5Y) Largest decline over 5 years	-73.40%	-49.85%	-23.55%
Max Drawdown (10Y) Largest decline over 10 years	-81.50%	-55.70%	-25.80%
Current Drawdown Current decline from peak	-90.91%	-23.83%	-67.08%
Average Drawdown Average peak-to-trough decline	-83.17%	-24.17%	-59.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	5.09%	-5.09%

Volatility

2362.HK vs. ^HSI - Volatility Comparison

The current volatility for Jinchuan Group International Resources Co Ltd (2362.HK) is 0.00%, while Hang Seng Index (^HSI) has a volatility of 5.18%. This indicates that 2362.HK experiences smaller price fluctuations and is considered to be less risky than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	2362.HK	^HSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	5.18%	-5.18%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	13.70%	-13.70%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.52%	-18.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.93%	25.32%	+27.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.43%	21.96%	+41.47%

Frequently Asked Questions

Can I hold both 2362.HK and ^HSI in my portfolio?

2362.HK and ^HSI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.