6078.HK vs. ^HSI
Compare and contrast key facts about Hygeia Healthcare Holdings Co Ltd (6078.HK) and Hang Seng Index (^HSI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 6078.HK or ^HSI.
Correlation
The correlation between 6078.HK and ^HSI is 0.14, 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
6078.HK vs. ^HSI - Performance Comparison
Key characteristics
6078.HK:
-0.87
^HSI:
0.88
6078.HK:
-1.06
^HSI:
1.53
6078.HK:
0.88
^HSI:
1.24
6078.HK:
-0.60
^HSI:
0.65
6078.HK:
-1.03
^HSI:
3.09
6078.HK:
51.64%
^HSI:
10.47%
6078.HK:
67.59%
^HSI:
28.80%
6078.HK:
-88.42%
^HSI:
-91.54%
6078.HK:
-86.36%
^HSI:
-31.30%
Returns By Period
In the year-to-date period, 6078.HK achieves a 2.80% return, which is significantly lower than ^HSI's 13.54% return.
6078.HK
2.80%
14.49%
-23.76%
-57.88%
N/A
N/A
^HSI
13.54%
13.16%
8.70%
24.36%
-1.26%
-1.99%
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Risk-Adjusted Performance
6078.HK vs. ^HSI — Risk-Adjusted Performance Rank
6078.HK
^HSI
6078.HK vs. ^HSI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hygeia Healthcare Holdings Co Ltd (6078.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
6078.HK vs. ^HSI - Drawdown Comparison
The maximum 6078.HK drawdown since its inception was -88.42%, roughly equal to the maximum ^HSI drawdown of -91.54%. Use the drawdown chart below to compare losses from any high point for 6078.HK and ^HSI. For additional features, visit the drawdowns tool.
Volatility
6078.HK vs. ^HSI - Volatility Comparison
Hygeia Healthcare Holdings Co Ltd (6078.HK) has a higher volatility of 20.81% compared to Hang Seng Index (^HSI) at 15.62%. This indicates that 6078.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.