298040.KS vs. BAJFINANCE.NS
298040.KS (Hyosung Heavy Industries Corp) and BAJFINANCE.NS (Bajaj Finance Limited) are both stocks. 298040.KS operates in Specialty Industrial Machinery (Industrials), while BAJFINANCE.NS operates in Credit Services (Financial Services). Over the past 5 years, 298040.KS returned 113.95%/yr vs 10.37%/yr for BAJFINANCE.NS. At a 0.06 correlation, their price movements are largely independent.
Performance
298040.KS vs. BAJFINANCE.NS - Performance Comparison
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Different Trading Currencies
298040.KS is traded in KRW, while BAJFINANCE.NS is traded in INR. To make them comparable, the BAJFINANCE.NS values have been converted to KRW using the latest available exchange rates.
Returns By Period
In the year-to-date period, 298040.KS achieves a 89.56% return, which is significantly higher than BAJFINANCE.NS's -7.38% return.
298040.KS
- 1D
- 4.00%
- 1M
- -19.56%
- YTD
- 89.56%
- 6M
- 72.81%
- 1Y
- 400.81%
- 3Y*
- 234.73%
- 5Y*
- 113.95%
- 10Y*
- —
BAJFINANCE.NS
- 1D
- 5.66%
- 1M
- 5.03%
- YTD
- -7.38%
- 6M
- -11.56%
- 1Y
- -1.44%
- 3Y*
- 11.06%
- 5Y*
- 10.37%
- 10Y*
- 28.67%
298040.KS vs. BAJFINANCE.NS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
298040.KS Hyosung Heavy Industries Corp | 89.56% | 355.12% | 145.90% | 110.79% | 33.79% | -6.27% | 133.40% | -35.55% | -30.85% |
BAJFINANCE.NS Bajaj Finance Limited | -7.38% | 36.24% | 4.28% | 15.01% | -9.74% | 41.96% | 15.68% | 62.58% | 6.51% |
Correlation
The correlation between 298040.KS and BAJFINANCE.NS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2018 | 0.06 |
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Return for Risk
298040.KS vs. BAJFINANCE.NS — Risk / Return Rank
298040.KS
BAJFINANCE.NS
298040.KS vs. BAJFINANCE.NS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hyosung Heavy Industries Corp (298040.KS) and Bajaj Finance Limited (BAJFINANCE.NS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| 298040.KS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.58 | ||
| Sortino ratioReturn per unit of downside risk | +4.97 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.02 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 14.02 | -0.05 | +14.07 |
| Martin ratioReturn relative to average drawdown | 38.72 | -0.11 | +38.83 |
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Drawdowns
298040.KS vs. BAJFINANCE.NS - Drawdown Comparison
The maximum 298040.KS drawdown since its inception was -86.22%, roughly equal to the maximum BAJFINANCE.NS drawdown of -88.42%. Use the drawdown chart below to compare losses from any high point for 298040.KS and BAJFINANCE.NS.
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Drawdown Indicators
| 298040.KS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.22% | -88.42% | +2.20% |
Max Drawdown (1Y)Largest decline over 1 year | -30.54% | -28.02% | -2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -44.72% | -28.02% | -16.70% |
Max Drawdown (5Y)Largest decline over 5 years | -45.16% | -36.26% | -8.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.31% | — |
Current DrawdownCurrent decline from peak | -26.62% | -18.20% | -8.42% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -17.21% | -6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.88% | 12.70% | -1.82% |
Volatility
298040.KS vs. BAJFINANCE.NS - Volatility Comparison
Hyosung Heavy Industries Corp (298040.KS) has a higher volatility of 21.01% compared to Bajaj Finance Limited (BAJFINANCE.NS) at 10.74%. This indicates that 298040.KS's price experiences larger fluctuations and is considered to be riskier than BAJFINANCE.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 298040.KS | BAJFINANCE.NS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.01% | 10.74% | +10.27% |
Volatility (6M)Calculated over the trailing 6-month period | 50.31% | 24.36% | +25.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.53% | 30.80% | +34.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.68% | 29.14% | +31.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.87% | 36.39% | +23.48% |
Dividends
298040.KS vs. BAJFINANCE.NS - Dividend Comparison
298040.KS's dividend yield for the trailing twelve months is around 0.22%, while BAJFINANCE.NS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
298040.KS Hyosung Heavy Industries Corp | 0.22% | 0.42% | 1.27% | 1.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BAJFINANCE.NS Bajaj Finance Limited | 0.00% | 1.13% | 1.06% | 0.82% | 0.61% | 0.29% | 0.38% | 0.28% | 0.30% | 4.10% |
Financials
298040.KS vs. BAJFINANCE.NS - Financials Comparison
This section allows you to compare key financial metrics between Hyosung Heavy Industries Corp and Bajaj Finance Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
298040.KS and BAJFINANCE.NS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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