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 0.25, 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:
0.06
^HSI:
0.80
2362.HK:
0.58
^HSI:
1.27
2362.HK:
1.07
^HSI:
1.16
2362.HK:
0.05
^HSI:
0.37
2362.HK:
0.13
^HSI:
2.31
2362.HK:
33.21%
^HSI:
8.84%
2362.HK:
67.96%
^HSI:
25.51%
2362.HK:
-98.04%
^HSI:
-91.54%
2362.HK:
-92.75%
^HSI:
-40.52%
Returns By Period
In the year-to-date period, 2362.HK achieves a -21.33% return, which is significantly lower than ^HSI's 15.68% return. Over the past 10 years, 2362.HK has outperformed ^HSI with an annualized return of -0.81%, while ^HSI has yielded a comparatively lower -1.71% annualized return.
2362.HK
-21.33%
-3.77%
-37.65%
-13.34%
-3.68%
-0.81%
^HSI
15.68%
0.08%
9.39%
18.65%
-6.84%
-1.71%
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Risk-Adjusted Performance
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
Jinchuan Group International Resources Co Ltd (2362.HK) has a higher volatility of 12.97% compared to Hang Seng Index (^HSI) at 5.77%. This indicates that 2362.HK's price experiences larger fluctuations and is considered to be riskier than ^HSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.