ORNBV.HE vs. 1211.HK

Last updated Jun 5, 2026

ORNBV.HE (Orion Oyj) and 1211.HK (BYD Co Ltd-H) are both stocks. ORNBV.HE operates in Drug Manufacturers - General (Healthcare), while 1211.HK operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, ORNBV.HE returned 11.37%/yr vs 19.99%/yr for 1211.HK. At a 0.07 correlation, their price movements are largely independent.

Performance

ORNBV.HE vs. 1211.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Orion Oyj (ORNBV.HE) and BYD Co Ltd-H (1211.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ORNBV.HE is traded in EUR, while 1211.HK is traded in HKD. To make them comparable, the 1211.HK values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ORNBV.HE achieves a 10.12% return, which is significantly higher than 1211.HK's -3.22% return. Over the past 10 years, ORNBV.HE has underperformed 1211.HK with an annualized return of 11.37%, while 1211.HK has yielded a comparatively higher 19.99% annualized return.

ORNBV.HE

• 1D: 1.62%
• 1M: -1.07%
• YTD: 10.12%
• 6M: 17.41%
• 1Y: 15.35%
• 3Y*: 22.96%
• 5Y*: 18.00%
• 10Y*: 11.37%

1211.HK

• 1D: -1.62%
• 1M: -8.44%
• YTD: -3.22%
• 6M: -7.03%
• 1Y: -30.95%
• 3Y*: 2.62%
• 5Y*: 9.48%
• 10Y*: 19.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ORNBV.HE vs. 1211.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORNBV.HE Orion Oyj	10.12%	52.85%	13.41%	-20.40%	45.41%	1.67%	-6.16%	42.49%	2.81%	-24.51%
1211.HK BYD Co Ltd-H	-3.22%	-2.40%	35.25%	8.53%	-23.38%	40.35%	382.80%	-19.65%	-23.12%	45.77%

Correlation

The correlation between ORNBV.HE and 1211.HK is -0.04, 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	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Aug 28, 2007	0.07

The correlation between ORNBV.HE and 1211.HK shifts across timeframes, from -0.04 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ORNBV.HE vs. 1211.HK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ORNBV.HE

ORNBV.HE Risk / Return Rank: 57
ORNBV.HE Sharpe Ratio Rank: 58
ORNBV.HE Sortino Ratio Rank: 52
ORNBV.HE Omega Ratio Rank: 55
ORNBV.HE Calmar Ratio Rank: 60
ORNBV.HE Martin Ratio Rank: 60

1211.HK

1211.HK Risk / Return Rank: 11
1211.HK Sharpe Ratio Rank: 8
1211.HK Sortino Ratio Rank: 10
1211.HK Omega Ratio Rank: 12
1211.HK Calmar Ratio Rank: 9
1211.HK Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ORNBV.HE vs. 1211.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orion Oyj (ORNBV.HE) and BYD Co Ltd-H (1211.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.

	ORNBV.HE	1211.HK	Difference
Sharpe ratio: Return per unit of total volatility	0.51	-0.85	+1.36
Sortino ratio: Return per unit of downside risk	0.86	-1.20	+2.06
Omega ratio: Gain probability vs. loss probability	1.13	0.87	+0.26
Calmar ratio: Return relative to maximum drawdown	0.80	-0.84	+1.64
Martin ratio: Return relative to average drawdown	1.95	-1.18	+3.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORNBV.HE vs. 1211.HK - Sharpe Ratio Comparison

The current ORNBV.HE Sharpe Ratio is 0.51, which is higher than the 1211.HK Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of ORNBV.HE and 1211.HK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ORNBV.HE	1211.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.51	-0.85	+1.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.22	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	0.43	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.36	+0.18

Drawdowns

ORNBV.HE vs. 1211.HK - Drawdown Comparison

The maximum ORNBV.HE drawdown since its inception was -58.91%, smaller than the maximum 1211.HK drawdown of -86.74%. Use the drawdown chart below to compare losses from any high point for ORNBV.HE and 1211.HK.

Drawdown Indicators

	ORNBV.HE	1211.HK	Difference
Max Drawdown Largest peak-to-trough decline	-58.91%	-86.74%	+27.83%
Max Drawdown (1Y) Largest decline over 1 year	-19.41%	-37.58%	+18.17%
Max Drawdown (3Y) Largest decline over 3 years	-26.34%	-42.13%	+15.79%
Max Drawdown (5Y) Largest decline over 5 years	-36.88%	-49.61%	+12.73%
Max Drawdown (10Y) Largest decline over 10 years	-58.91%	-53.70%	-5.21%
Current Drawdown Current decline from peak	-7.98%	-40.07%	+32.09%
Average Drawdown Average peak-to-trough decline	-16.98%	-35.59%	+18.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.93%	26.43%	-18.50%

Volatility

ORNBV.HE vs. 1211.HK - Volatility Comparison

The current volatility for Orion Oyj (ORNBV.HE) is 8.38%, while BYD Co Ltd-H (1211.HK) has a volatility of 11.20%. This indicates that ORNBV.HE experiences smaller price fluctuations and is considered to be less risky than 1211.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORNBV.HE	1211.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.38%	11.20%	-2.82%
Volatility (6M) Calculated over the trailing 6-month period	23.43%	28.27%	-4.84%
Volatility (1Y) Calculated over the trailing 1-year period	30.64%	37.05%	-6.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.59%	45.31%	-16.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.80%	47.35%	-18.55%

Dividends

ORNBV.HE vs. 1211.HK - Dividend Comparison

ORNBV.HE's dividend yield for the trailing twelve months is around 2.49%, less than 1211.HK's 14.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1211.HK BYD Co Ltd-H	14.17%	13.64%	1.28%	0.59%	0.06%	0.07%	0.03%	0.60%	0.35%	0.30%	1.03%	0.00%
ORNBV.HE Orion Oyj	2.49%	2.58%	3.79%	4.07%	2.93%	4.11%	4.00%	3.63%	4.79%	4.34%	3.07%	4.07%

Financials

Frequently Asked Questions

Can I hold both ORNBV.HE and 1211.HK in my portfolio?

ORNBV.HE and 1211.HK have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.