BA.L vs. 1128.HK
BA.L (BAE Systems plc) and 1128.HK (Wynn Macau Ltd) are both stocks. BA.L operates in Aerospace & Defense (Industrials), while 1128.HK operates in Resorts & Casinos (Consumer Cyclical). Over the past 10 years, BA.L returned 18.87%/yr vs -4.17%/yr for 1128.HK. At a 0.11 correlation, their price movements are largely independent.
Performance
BA.L vs. 1128.HK - Performance Comparison
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Different Trading Currencies
BA.L is traded in GBp, while 1128.HK is traded in HKD. To make them comparable, the 1128.HK values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, BA.L achieves a 12.71% return, which is significantly higher than 1128.HK's -5.17% return. Over the past 10 years, BA.L has outperformed 1128.HK with an annualized return of 18.87%, while 1128.HK has yielded a comparatively lower -4.17% annualized return.
BA.L
- 1D
- -1.62%
- 1M
- 3.27%
- YTD
- 12.71%
- 6M
- 13.60%
- 1Y
- 0.36%
- 3Y*
- 28.80%
- 5Y*
- 32.37%
- 10Y*
- 18.87%
1128.HK
- 1D
- 0.29%
- 1M
- -1.68%
- YTD
- -5.17%
- 6M
- -10.52%
- 1Y
- 15.21%
- 3Y*
- -7.87%
- 5Y*
- -13.38%
- 10Y*
- -4.17%
BA.L vs. 1128.HK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 12.71% | 52.12% | 5.88% | 33.31% | 60.92% | 17.57% | -9.28% | 28.43% | -16.75% | 0.30% |
1128.HK Wynn Macau Ltd | -5.17% | 8.61% | -12.19% | -29.78% | 52.55% | -50.89% | -33.86% | 14.94% | -23.79% | 88.57% |
Correlation
The correlation between BA.L and 1128.HK is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2009 | 0.11 |
The correlation between BA.L and 1128.HK shifts across timeframes, from -0.08 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BA.L vs. 1128.HK — Risk / Return Rank
BA.L
1128.HK
BA.L vs. 1128.HK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) and Wynn Macau Ltd (1128.HK). 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.
| BA.L | 1128.HK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.11 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 0.53 | -0.38 |
| Martin ratioReturn relative to average drawdown | 0.33 | 0.93 | -0.60 |
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Drawdowns
BA.L vs. 1128.HK - Drawdown Comparison
The maximum BA.L drawdown since its inception was -43.67%, smaller than the maximum 1128.HK drawdown of -87.60%. Use the drawdown chart below to compare losses from any high point for BA.L and 1128.HK.
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Drawdown Indicators
| BA.L | 1128.HK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.67% | -87.60% | +43.93% |
Max Drawdown (1Y)Largest decline over 1 year | -21.30% | -26.65% | +5.35% |
Max Drawdown (3Y)Largest decline over 3 years | -21.30% | -43.54% | +22.24% |
Max Drawdown (5Y)Largest decline over 5 years | -21.30% | -72.45% | +51.15% |
Max Drawdown (10Y)Largest decline over 10 years | -37.80% | -87.60% | +49.80% |
Current DrawdownCurrent decline from peak | -17.12% | -78.31% | +61.19% |
Average DrawdownAverage peak-to-trough decline | -12.74% | -42.71% | +29.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.84% | 15.07% | -5.23% |
Volatility
BA.L vs. 1128.HK - Volatility Comparison
BAE Systems plc (BA.L) and Wynn Macau Ltd (1128.HK) have volatilities of 8.48% and 8.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BA.L | 1128.HK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.48% | 8.91% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 23.43% | 17.84% | +5.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.85% | 31.14% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.82% | 49.66% | -23.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.07% | 45.52% | -20.45% |
Dividends
BA.L vs. 1128.HK - Dividend Comparison
BA.L's dividend yield for the trailing twelve months is around 1.90%, less than 1128.HK's 7.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
1128.HK Wynn Macau Ltd | 7.53% | 6.23% | 2.78% | 0.00% | 0.00% | 0.00% | 0.00% | 4.69% | 6.26% | 2.55% | 4.86% | 11.59% |
BA.L BAE Systems plc | 1.90% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
Financials
BA.L vs. 1128.HK - Financials Comparison
This section allows you to compare key financial metrics between BAE Systems plc and Wynn Macau Ltd. 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
BA.L and 1128.HK have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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