2362.HK vs. ^HSI
Compare and contrast key facts about Jinchuan Group International Resources Co Ltd (2362.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 2362.HK or ^HSI.
Correlation
The correlation between 2362.HK and ^HSI is 0.17, 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
2362.HK vs. ^HSI - Performance Comparison
Key characteristics
2362.HK:
-0.29
^HSI:
0.88
2362.HK:
0.08
^HSI:
1.53
2362.HK:
1.01
^HSI:
1.24
2362.HK:
-0.15
^HSI:
0.65
2362.HK:
-0.35
^HSI:
3.09
2362.HK:
41.62%
^HSI:
10.47%
2362.HK:
62.42%
^HSI:
28.80%
2362.HK:
-98.04%
^HSI:
-91.54%
2362.HK:
-90.91%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 2362.HK achieves a 20.75% return, which is significantly higher than ^HSI's 13.54% return. Over the past 10 years, 2362.HK has outperformed ^HSI with an annualized return of -1.06%, while ^HSI has yielded a comparatively lower -1.99% annualized return.
2362.HK
20.75%
0.00%
6.67%
-17.74%
5.46%
-1.06%
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
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Risk-Adjusted Performance
2362.HK vs. ^HSI — Risk-Adjusted Performance Rank
2362.HK
^HSI
2362.HK vs. ^HSI - Risk-Adjusted Performance 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.
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 -91.54%. Use the drawdown chart below to compare losses from any high point for 2362.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
2362.HK vs. ^HSI - Volatility Comparison
The current volatility for Jinchuan Group International Resources Co Ltd (2362.HK) is 0.35%, while Hang Seng Index (^HSI) has a volatility of 15.62%. 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.