MITSY vs. 0883.HK
MITSY (Mitsui & Company Ltd) and 0883.HK (CNOOC Ltd) are both stocks. MITSY operates in Conglomerates (Industrials), while 0883.HK operates in Oil & Gas E&P (Energy). Over the past 10 years, MITSY returned 18.81%/yr vs 18.61%/yr for 0883.HK. At a 0.20 correlation, their price movements are largely independent.
Performance
MITSY vs. 0883.HK - Performance Comparison
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Different Trading Currencies
MITSY is traded in USD, while 0883.HK is traded in HKD. To make them comparable, the 0883.HK values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MITSY achieves a 3.00% return, which is significantly lower than 0883.HK's 18.76% return. Both investments have delivered pretty close results over the past 10 years, with MITSY having a 18.81% annualized return and 0883.HK not far behind at 18.61%.
MITSY
- 1D
- -2.40%
- 1M
- -22.14%
- YTD
- 3.00%
- 6M
- 3.13%
- 1Y
- 47.13%
- 3Y*
- 18.70%
- 5Y*
- 21.77%
- 10Y*
- 18.81%
0883.HK
- 1D
- 0.82%
- 1M
- -4.39%
- YTD
- 18.76%
- 6M
- 21.18%
- 1Y
- 44.48%
- 3Y*
- 39.59%
- 5Y*
- 34.22%
- 10Y*
- 18.61%
MITSY vs. 0883.HK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MITSY Mitsui & Company Ltd | 3.00% | 43.31% | 13.10% | 28.00% | 23.12% | 28.70% | 4.06% | 14.13% | -4.90% | 20.93% |
0883.HK CNOOC Ltd | 18.76% | 19.56% | 58.71% | 44.92% | 46.73% | 18.97% | -40.19% | 14.22% | 12.51% | 20.38% |
Correlation
The correlation between MITSY and 0883.HK is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2011 | 0.20 |
The correlation between MITSY and 0883.HK shifts across timeframes, from 0.07 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MITSY vs. 0883.HK — Risk / Return Rank
MITSY
0883.HK
MITSY vs. 0883.HK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mitsui & Company Ltd (MITSY) and CNOOC Ltd (0883.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.
| MITSY | 0883.HK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.28 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 2.66 | -0.88 |
| Martin ratioReturn relative to average drawdown | 7.05 | 7.01 | +0.04 |
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Drawdowns
MITSY vs. 0883.HK - Drawdown Comparison
The maximum MITSY drawdown since its inception was -44.45%, smaller than the maximum 0883.HK drawdown of -74.18%. Use the drawdown chart below to compare losses from any high point for MITSY and 0883.HK.
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Drawdown Indicators
| MITSY | 0883.HK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.45% | -74.18% | +29.73% |
Max Drawdown (1Y)Largest decline over 1 year | -26.50% | -17.20% | -9.30% |
Max Drawdown (3Y)Largest decline over 3 years | -33.95% | -30.46% | -3.49% |
Max Drawdown (5Y)Largest decline over 5 years | -33.95% | -30.46% | -3.49% |
Max Drawdown (10Y)Largest decline over 10 years | -33.95% | -56.21% | +22.26% |
Current DrawdownCurrent decline from peak | -25.90% | -16.52% | -9.38% |
Average DrawdownAverage peak-to-trough decline | -16.07% | -24.70% | +8.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.71% | 6.45% | +0.26% |
Volatility
MITSY vs. 0883.HK - Volatility Comparison
Mitsui & Company Ltd (MITSY) has a higher volatility of 9.77% compared to CNOOC Ltd (0883.HK) at 8.07%. This indicates that MITSY's price experiences larger fluctuations and is considered to be riskier than 0883.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MITSY | 0883.HK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 8.07% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 24.95% | 24.18% | +0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.84% | 28.36% | +2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.74% | 29.82% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.76% | 31.92% | -5.16% |
Dividends
MITSY vs. 0883.HK - Dividend Comparison
MITSY has not paid dividends to shareholders, while 0883.HK's dividend yield for the trailing twelve months is around 5.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0883.HK CNOOC Ltd | 5.14% | 6.53% | 7.32% | 10.31% | 18.84% | 6.85% | 9.05% | 5.63% | 4.96% | 3.83% | 3.81% | 7.06% |
MITSY Mitsui & Company Ltd | 0.00% | 1.17% | 1.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.65% | 3.82% | 0.00% |
Financials
MITSY vs. 0883.HK - Financials Comparison
This section allows you to compare key financial metrics between Mitsui & Company Ltd and CNOOC 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
MITSY and 0883.HK have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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