3993.HK vs. ^HSI
Compare and contrast key facts about CMOC Group Ltd (3993.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 3993.HK or ^HSI.
Correlation
The correlation between 3993.HK and ^HSI is 0.18, 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
3993.HK vs. ^HSI - Performance Comparison
Key characteristics
3993.HK:
-0.34
^HSI:
0.88
3993.HK:
0.07
^HSI:
1.53
3993.HK:
1.01
^HSI:
1.24
3993.HK:
-0.25
^HSI:
0.65
3993.HK:
-0.44
^HSI:
3.09
3993.HK:
24.10%
^HSI:
10.47%
3993.HK:
52.33%
^HSI:
28.80%
3993.HK:
-92.43%
^HSI:
-91.54%
3993.HK:
-25.72%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 3993.HK achieves a 16.26% return, which is significantly higher than ^HSI's 13.54% return. Over the past 10 years, 3993.HK has outperformed ^HSI with an annualized return of 12.65%, while ^HSI has yielded a comparatively lower -1.99% annualized return.
3993.HK
16.26%
25.51%
-9.82%
-17.32%
22.74%
12.65%
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
3993.HK vs. ^HSI — Risk-Adjusted Performance Rank
3993.HK
^HSI
3993.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CMOC Group Ltd (3993.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
3993.HK vs. ^HSI - Drawdown Comparison
The maximum 3993.HK drawdown since its inception was -92.43%, roughly equal to the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 3993.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
3993.HK vs. ^HSI - Volatility Comparison
CMOC Group Ltd (3993.HK) has a higher volatility of 29.56% compared to Hang Seng Index (^HSI) at 15.62%. This indicates that 3993.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.