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^HSI vs. BCH-USD
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^HSI and BCH-USD is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

^HSI vs. BCH-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hang Seng Index (^HSI) and Bitcoin Cash (BCH-USD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

^HSI:

0.73

BCH-USD:

-0.14

Sortino Ratio

^HSI:

1.31

BCH-USD:

1.42

Omega Ratio

^HSI:

1.20

BCH-USD:

1.14

Calmar Ratio

^HSI:

0.53

BCH-USD:

0.23

Martin Ratio

^HSI:

2.51

BCH-USD:

1.65

Ulcer Index

^HSI:

10.51%

BCH-USD:

32.26%

Daily Std Dev

^HSI:

28.94%

BCH-USD:

65.94%

Max Drawdown

^HSI:

-65.18%

BCH-USD:

-98.03%

Current Drawdown

^HSI:

-29.59%

BCH-USD:

-89.91%

Returns By Period

In the year-to-date period, ^HSI achieves a 16.38% return, which is significantly higher than BCH-USD's -8.74% return.


^HSI

YTD

16.38%

1M

9.11%

6M

20.17%

1Y

19.39%

5Y*

-0.51%

10Y*

-1.70%

BCH-USD

YTD

-8.74%

1M

18.80%

6M

-14.32%

1Y

-15.09%

5Y*

9.83%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

^HSI vs. BCH-USD — Risk-Adjusted Performance Rank

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

^HSI
The Risk-Adjusted Performance Rank of ^HSI is 7676
Overall Rank
The Sharpe Ratio Rank of ^HSI is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of ^HSI is 8686
Sortino Ratio Rank
The Omega Ratio Rank of ^HSI is 8888
Omega Ratio Rank
The Calmar Ratio Rank of ^HSI is 5454
Calmar Ratio Rank
The Martin Ratio Rank of ^HSI is 7272
Martin Ratio Rank

BCH-USD
The Risk-Adjusted Performance Rank of BCH-USD is 6262
Overall Rank
The Sharpe Ratio Rank of BCH-USD is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of BCH-USD is 5959
Sortino Ratio Rank
The Omega Ratio Rank of BCH-USD is 5959
Omega Ratio Rank
The Calmar Ratio Rank of BCH-USD is 6464
Calmar Ratio Rank
The Martin Ratio Rank of BCH-USD is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^HSI vs. BCH-USD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hang Seng Index (^HSI) and Bitcoin Cash (BCH-USD). 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.


The current ^HSI Sharpe Ratio is 0.73, which is higher than the BCH-USD Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of ^HSI and BCH-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

^HSI vs. BCH-USD - Drawdown Comparison

The maximum ^HSI drawdown since its inception was -65.18%, smaller than the maximum BCH-USD drawdown of -98.03%. Use the drawdown chart below to compare losses from any high point for ^HSI and BCH-USD. For additional features, visit the drawdowns tool.


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Volatility

^HSI vs. BCH-USD - Volatility Comparison

The current volatility for Hang Seng Index (^HSI) is 6.08%, while Bitcoin Cash (BCH-USD) has a volatility of 19.55%. This indicates that ^HSI experiences smaller price fluctuations and is considered to be less risky than BCH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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