Nanhua Futures(SH:603093) Nan Hua Qi Huo·2025-06-05 03:01Report Information - Report Title: Nanhua Commodity Index Daily Report [2] - Report Date: June 4, 2025 [2] - Stock Code: 603093 [2] Market Data Summary Index Performance - Composite Index: The Nanhua Composite Index (NHCI) closed at 2382.69, up 0.89% (20.93 points) from the previous close of 2361.76, with an annualized return of -14.10% and an annualized volatility of 14.05% [3]. - Sector Indices: The Nanhua Black Index (NHFI) had the largest increase among sector indices, rising 2.11% (47.81 points) to 2318.50. The Nanhua Non - Ferrous Metal Index (NHNF) had the smallest increase, up 1.30% (21.09 points) to 1646.41. The Nanhua Agricultural Product Index (NHAI) had the largest decline, down - 0.23% (-2.43 points) to 1053.62, and the Nanhua Precious Metal Index (NHPMI) had the smallest decline, down - 0.02% (-0.23 points) to 1221.32 [1][3]. - Theme Indices: Among theme indices, only the Nanhua Oilseeds and Oils Index (NHOOl) declined, down - 0.51% (-5.99 points) to 1172.97. The Nanhua Black Raw Material Index (NHFM) had the largest increase, rising 2.58% (23.28 points) to 926.60, and the Nanhua Economic Crop Index (NHAECI) had the smallest increase, up 0.56% (4.86 points) to 876.89 [1][3]. - Single - Variety Indices: Among commodity futures single - variety indices, the coking coal index had the largest increase, rising 6.82%, and the plywood index had the largest decline, down - 5.16% [3]. Contribution and Volatility - Contribution of Single Varieties: Some single - variety indices showed different contributions to the overall index. For example, in terms of contribution, positive - contributing varieties included rebar with a contribution of 25.57%, soda ash with 20.23%, and iron ore with 16.58% and 19.23% respectively [4]. - Volatility: The annualized volatility and Sharpe ratio of different indices varied. For instance, the Nanhua Precious Metal Index (NHPMI) had an annualized return of 20.19%, an annualized volatility of 18.72%, and a Sharpe ratio of 1.08, while the Nanhua Energy and Chemical Index (NHECI) had an annualized return of - 23.12%, an annualized volatility of 16.98%, and a Sharpe ratio of - 1.36 [3].