Correlation
The correlation between 2727.HK and ^NIFTY200 is 0.22, 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.
2727.HK vs. ^NIFTY200
Compare and contrast key facts about Shanghai Electric Group Co Ltd H (2727.HK) and NIFTY 200 (^NIFTY200).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 2727.HK or ^NIFTY200.
Performance
2727.HK vs. ^NIFTY200 - Performance Comparison
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Key characteristics
2727.HK:
1.26
^NIFTY200:
0.27
2727.HK:
2.27
^NIFTY200:
0.62
2727.HK:
1.33
^NIFTY200:
1.08
2727.HK:
1.13
^NIFTY200:
0.30
2727.HK:
3.65
^NIFTY200:
0.63
2727.HK:
25.21%
^NIFTY200:
8.75%
2727.HK:
75.82%
^NIFTY200:
14.58%
2727.HK:
-82.77%
^NIFTY200:
-64.04%
2727.HK:
-62.35%
^NIFTY200:
-6.12%
Returns By Period
In the year-to-date period, 2727.HK achieves a 2.46% return, which is significantly lower than ^NIFTY200's 3.56% return. Over the past 10 years, 2727.HK has underperformed ^NIFTY200 with an annualized return of -6.93%, while ^NIFTY200 has yielded a comparatively higher 12.47% annualized return.
2727.HK
2.46%
10.19%
2.10%
92.11%
15.60%
5.74%
-6.93%
^NIFTY200
3.56%
-0.09%
0.19%
3.92%
19.93%
21.54%
12.47%
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Risk-Adjusted Performance
2727.HK vs. ^NIFTY200 — Risk-Adjusted Performance Rank
2727.HK
^NIFTY200
2727.HK vs. ^NIFTY200 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shanghai Electric Group Co Ltd H (2727.HK) and NIFTY 200 (^NIFTY200). 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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Drawdowns
2727.HK vs. ^NIFTY200 - Drawdown Comparison
The maximum 2727.HK drawdown since its inception was -82.77%, which is greater than ^NIFTY200's maximum drawdown of -64.04%. Use the drawdown chart below to compare losses from any high point for 2727.HK and ^NIFTY200.
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Volatility
2727.HK vs. ^NIFTY200 - Volatility Comparison
Shanghai Electric Group Co Ltd H (2727.HK) has a higher volatility of 8.93% compared to NIFTY 200 (^NIFTY200) at 3.16%. This indicates that 2727.HK's price experiences larger fluctuations and is considered to be riskier than ^NIFTY200 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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