PME.AX vs. 0014.HK

Last updated Jun 9, 2026

PME.AX (Pro Medicus Limited) and 0014.HK (Hysan Development Co Ltd) are both stocks. PME.AX operates in Health Information Services (Healthcare), while 0014.HK operates in Real Estate - Services (Real Estate). Over the past 10 years, PME.AX returned 43.52%/yr vs -0.46%/yr for 0014.HK. At a 0.05 correlation, their price movements are largely independent.

Performance

PME.AX vs. 0014.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Pro Medicus Limited (PME.AX) and Hysan Development Co Ltd (0014.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PME.AX is traded in AUD, while 0014.HK is traded in HKD. To make them comparable, the 0014.HK values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PME.AX achieves a -24.71% return, which is significantly lower than 0014.HK's -7.44% return. Over the past 10 years, PME.AX has outperformed 0014.HK with an annualized return of 43.52%, while 0014.HK has yielded a comparatively lower -0.46% annualized return.

PME.AX

• 1D: 0.09%
• 1M: 28.03%
• YTD: -24.71%
• 6M: -32.59%
• 1Y: -39.70%
• 3Y*: 38.48%
• 5Y*: 27.62%
• 10Y*: 43.52%

0014.HK

• 1D: 0.00%
• 1M: -9.87%
• YTD: -7.44%
• 6M: -1.35%
• 1Y: 24.48%
• 3Y*: 1.93%
• 5Y*: -2.38%
• 10Y*: -0.46%

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

PME.AX vs. 0014.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PME.AX Pro Medicus Limited	-24.71%	-11.52%	161.84%	74.19%	-11.11%	83.31%	53.66%	106.06%	25.55%	83.18%
0014.HK Hysan Development Co Ltd	-7.44%	60.19%	-7.65%	-34.65%	19.21%	-6.73%	-9.99%	-14.11%	2.52%	23.17%

Correlation

The correlation between PME.AX and 0014.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	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.03
Correlation (All Time) Calculated using the full available price history since Jul 5, 2007	0.05

Return for Risk

PME.AX vs. 0014.HK — Risk / Return Rank

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

PME.AX

PME.AX Risk / Return Rank: 16
PME.AX Sharpe Ratio Rank: 10
PME.AX Sortino Ratio Rank: 13
PME.AX Omega Ratio Rank: 11
PME.AX Calmar Ratio Rank: 22
PME.AX Martin Ratio Rank: 22

0014.HK

0014.HK Risk / Return Rank: 77
0014.HK Sharpe Ratio Rank: 82
0014.HK Sortino Ratio Rank: 79
0014.HK Omega Ratio Rank: 76
0014.HK Calmar Ratio Rank: 74
0014.HK Martin Ratio Rank: 75

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.

PME.AX vs. 0014.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pro Medicus Limited (PME.AX) and Hysan Development Co Ltd (0014.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.

	PME.AX	0014.HK	Difference
Sharpe ratio: Return per unit of total volatility	-0.77	1.12	-1.88
Sortino ratio: Return per unit of downside risk	-0.96	1.65	-2.61
Omega ratio: Gain probability vs. loss probability	0.87	1.20	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.58	1.45	-2.03
Martin ratio: Return relative to average drawdown	-1.00	3.59	-4.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PME.AX vs. 0014.HK - Sharpe Ratio Comparison

The current PME.AX Sharpe Ratio is -0.77, which is lower than the 0014.HK Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of PME.AX and 0014.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

	PME.AX	0014.HK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.77	1.12	-1.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	-0.10	+0.76
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.00	-0.02	+1.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.17	+0.45

Drawdowns

PME.AX vs. 0014.HK - Drawdown Comparison

The maximum PME.AX drawdown since its inception was -87.37%, which is greater than 0014.HK's maximum drawdown of -65.74%. Use the drawdown chart below to compare losses from any high point for PME.AX and 0014.HK.

Drawdown Indicators

	PME.AX	0014.HK	Difference
Max Drawdown Largest peak-to-trough decline	-87.37%	-65.74%	-21.63%
Max Drawdown (1Y) Largest decline over 1 year	-67.24%	-20.07%	-47.17%
Max Drawdown (3Y) Largest decline over 3 years	-67.24%	-42.16%	-25.08%
Max Drawdown (5Y) Largest decline over 5 years	-67.24%	-54.46%	-12.78%
Max Drawdown (10Y) Largest decline over 10 years	-67.24%	-65.74%	-1.50%
Current Drawdown Current decline from peak	-49.63%	-37.26%	-12.37%
Average Drawdown Average peak-to-trough decline	-27.61%	-21.04%	-6.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.41%	8.02%	+31.39%

Volatility

PME.AX vs. 0014.HK - Volatility Comparison

Pro Medicus Limited (PME.AX) has a higher volatility of 15.23% compared to Hysan Development Co Ltd (0014.HK) at 6.96%. This indicates that PME.AX's price experiences larger fluctuations and is considered to be riskier than 0014.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PME.AX	0014.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.23%	6.96%	+8.27%
Volatility (6M) Calculated over the trailing 6-month period	48.34%	21.26%	+27.08%
Volatility (1Y) Calculated over the trailing 1-year period	50.59%	26.26%	+24.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.36%	25.70%	+15.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.34%	25.58%	+17.76%

Dividends

PME.AX vs. 0014.HK - Dividend Comparison

PME.AX's dividend yield for the trailing twelve months is around 0.37%, less than 0014.HK's 6.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0014.HK Hysan Development Co Ltd	6.15%	5.71%	9.12%	9.29%	5.69%	5.98%	5.06%	4.71%	3.70%	3.26%	4.15%	3.94%
PME.AX Pro Medicus Limited	0.37%	0.25%	0.16%	0.31%	0.40%	0.24%	0.35%	0.31%	0.55%	0.46%	0.62%	0.60%

Financials

Frequently Asked Questions

Can I hold both PME.AX and 0014.HK in my portfolio?

PME.AX and 0014.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.