LOOMIS.ST vs. 2318.HK
LOOMIS.ST (Loomis AB ser. B) and 2318.HK (Ping An Insurance) are both stocks. LOOMIS.ST operates in Security & Protection Services (Industrials), while 2318.HK operates in Insurance - Life (Financial Services). Over the past 10 years, LOOMIS.ST returned 11.19%/yr vs 11.16%/yr for 2318.HK. At a 0.11 correlation, their price movements are largely independent.
Performance
LOOMIS.ST vs. 2318.HK - Performance Comparison
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Different Trading Currencies
LOOMIS.ST is traded in SEK, while 2318.HK is traded in HKD. To make them comparable, the 2318.HK values have been converted to SEK using the latest available exchange rates.
Returns By Period
In the year-to-date period, LOOMIS.ST achieves a 20.77% return, which is significantly higher than 2318.HK's -8.36% return. Both investments have delivered pretty close results over the past 10 years, with LOOMIS.ST having a 11.19% annualized return and 2318.HK not far behind at 11.16%.
LOOMIS.ST
- 1D
- 0.49%
- 1M
- 6.57%
- YTD
- 20.77%
- 6M
- 23.55%
- 1Y
- 24.07%
- 3Y*
- 18.69%
- 5Y*
- 15.54%
- 10Y*
- 11.19%
2318.HK
- 1D
- -1.42%
- 1M
- -5.80%
- YTD
- -8.36%
- 6M
- 3.29%
- 1Y
- 29.04%
- 3Y*
- 5.66%
- 5Y*
- 0.99%
- 10Y*
- 11.16%
LOOMIS.ST vs. 2318.HK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LOOMIS.ST Loomis AB ser. B | 20.77% | 20.26% | 32.10% | -2.72% | 23.04% | 8.81% | -40.30% | 39.64% | -14.65% | 30.19% |
2318.HK Ping An Insurance | -8.36% | 24.30% | 54.08% | -30.06% | 12.31% | -32.83% | -6.39% | 44.84% | -5.45% | 91.45% |
Correlation
The correlation between LOOMIS.ST and 2318.HK is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2008 | 0.11 |
The correlation between LOOMIS.ST and 2318.HK shifts across timeframes, from -0.01 (1 year) to 0.13 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
LOOMIS.ST vs. 2318.HK — Risk / Return Rank
LOOMIS.ST
2318.HK
LOOMIS.ST vs. 2318.HK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis AB ser. B (LOOMIS.ST) and Ping An Insurance (2318.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.
| LOOMIS.ST | 2318.HK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.54 | -0.10 |
| Martin ratioReturn relative to average drawdown | 3.11 | 3.72 | -0.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LOOMIS.ST | 2318.HK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.00 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.03 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | 0.34 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.22 | +0.31 |
Drawdowns
LOOMIS.ST vs. 2318.HK - Drawdown Comparison
The maximum LOOMIS.ST drawdown since its inception was -61.81%, smaller than the maximum 2318.HK drawdown of -74.45%. Use the drawdown chart below to compare losses from any high point for LOOMIS.ST and 2318.HK.
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Drawdown Indicators
| LOOMIS.ST | 2318.HK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.81% | -74.45% | +12.64% |
Max Drawdown (1Y)Largest decline over 1 year | -16.95% | -19.42% | +2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -22.09% | -46.37% | +24.28% |
Max Drawdown (5Y)Largest decline over 5 years | -28.14% | -50.48% | +22.34% |
Max Drawdown (10Y)Largest decline over 10 years | -61.81% | -60.84% | -0.97% |
Current DrawdownCurrent decline from peak | -5.30% | -21.27% | +15.97% |
Average DrawdownAverage peak-to-trough decline | -13.71% | -31.47% | +17.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 7.93% | -0.13% |
Volatility
LOOMIS.ST vs. 2318.HK - Volatility Comparison
Loomis AB ser. B (LOOMIS.ST) has a higher volatility of 10.63% compared to Ping An Insurance (2318.HK) at 5.58%. This indicates that LOOMIS.ST's price experiences larger fluctuations and is considered to be riskier than 2318.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LOOMIS.ST | 2318.HK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.63% | 5.58% | +5.05% |
Volatility (6M)Calculated over the trailing 6-month period | 19.90% | 22.95% | -3.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.26% | 29.91% | -4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.35% | 40.47% | -12.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.84% | 33.24% | -1.40% |
Dividends
LOOMIS.ST vs. 2318.HK - Dividend Comparison
LOOMIS.ST's dividend yield for the trailing twelve months is around 4.44%, less than 2318.HK's 5.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
2318.HK Ping An Insurance | 5.37% | 4.30% | 5.79% | 7.68% | 5.55% | 4.86% | 2.44% | 2.30% | 3.16% | 1.50% | 1.67% | 1.98% |
LOOMIS.ST Loomis AB ser. B | 4.44% | 3.59% | 3.72% | 4.48% | 2.97% | 2.49% | 2.43% | 2.58% | 3.15% | 2.32% | 2.58% | 2.27% |
Financials
LOOMIS.ST vs. 2318.HK - Financials Comparison
This section allows you to compare key financial metrics between Loomis AB ser. B and Ping An Insurance. 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
LOOMIS.ST and 2318.HK have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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