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.
Key characteristics
| 6078.HK | ^HSI | |
|---|---|---|
| YTD Return | -8.07% | 6.50% |
| 1Y Return | -43.20% | -8.92% |
| 3Y Return (Ann) | -19.29% | -14.50% |
| Sharpe Ratio | -0.78 | -0.42 |
| Daily Std Dev | 54.24% | 22.99% |
| Max Drawdown | -81.32% | -91.54% |
| Current Drawdown | -69.88% | -45.24% |
Correlation
The correlation between 6078.HK and ^HSI is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
6078.HK vs. ^HSI - Performance Comparison
In the year-to-date period, 6078.HK achieves a -8.07% return, which is significantly lower than ^HSI's 6.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
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 -81.32%, smaller than 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 16.59% compared to Hang Seng Index (^HSI) at 6.39%. 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.