南华商品指数：贵金属板块上涨，其余板块下跌

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Core Viewpoints - According to the closing prices of adjacent trading days, the Nanhua Composite Index fell by -0.59% today. Among the sector indices, only the Nanhua Precious Metals Index rose by 2.85%, while the rest of the sectors declined. The Nanhua Energy and Chemical Index had the largest decline of -1.75%, and the Nanhua Black Index had the smallest decline of -0.23%. Among the theme indices, only the Economic Crops Index rose by 0.48%, and the rest of the theme indices declined. The Energy Index had the largest decline of -1.87%, and the Black Raw Materials Index had the smallest decline of -0.19%. Among the single - variety indices of commodity futures, the Gold index had the largest increase of 3.45%, and the Glass index had the largest decline of -4.53% [1][3] 3) Summaries by Related Catalogs Market Data of Nanhua Commodity Index - The Nanhua Composite Index (NHCI) closed at 2521.90 today, down 14.87 points or -0.59% from yesterday, with an annualized return of -2.13%, an annualized volatility of 12.01%, and a Sharpe ratio of -0.18. - The Nanhua Precious Metals Index (NHPMI) closed at 1633.24, up 45.20 points or 2.85%, with an annualized return of 62.62%, an annualized volatility of 17.28%, and a Sharpe ratio of 3.62. - The Nanhua Industrial Products Index (NHII) closed at 3466.89, down 42.15 points or -1.20%, with an annualized return of -11.62%, an annualized volatility of 14.31%, and a Sharpe ratio of -0.81. - The Nanhua Metals Index (NHMI) closed at 6349.75, down 20.11 points or -0.32%, with an annualized return of -3.03%, an annualized volatility of 12.68%, and a Sharpe ratio of -0.24. - The Nanhua Energy and Chemical Index (NHECI) closed at 1549.68, down 27.55 points or -1.75%, with an annualized return of -18.55%, an annualized volatility of 16.95%, and a Sharpe ratio of -1.09. - The Nanhua Non - Ferrous Metals Index (NHNF) closed at 1715.43, down 5.25 points or -0.31%, with an annualized return of 0.91%, an annualized volatility of 12.72%, and a Sharpe ratio of 0.07. - The Nanhua Black Index (NHFI) closed at 2486.47, down 5.85 points or -0.23%, with an annualized return of -12.51%, an annualized volatility of 17.70%, and a Sharpe ratio of -0.71. - The Nanhua Agricultural Products Index (NHAI) closed at 1044.65, down 6.97 points or -0.66%, with an annualized return of -2.40%, an annualized volatility of 8.78%, and a Sharpe ratio of -0.27. - The Nanhua Composite Mini Index (NHCIMi) closed at 1169.02, down 5.46 points or -0.46%, with an annualized return of -0.66%, an annualized volatility of 10.88%, and a Sharpe ratio of -0.06. - The Nanhua Energy Index (NHEI) closed at 980.68, down 18.67 points or -1.87%, with an annualized return of -4.50%, an annualized volatility of 18.38%, and a Sharpe ratio of -0.24. - The Nanhua Petrochemical Index (NHPCI) closed at 878.89, down 11.13 points or -1.25%, with an annualized return of -3.44%, an annualized volatility of 8.96%, and a Sharpe ratio of -0.38. - The Nanhua Coal - based Chemical Index (NHCCI) closed at 953.00, down 11.90 points or -1.23%, with an annualized return of -4.21%, an annualized volatility of 8.70%, and a Sharpe ratio of -0.48. - The Nanhua Black Raw Materials Index (NHFM) closed at 1048.30, down 1.95 points or -0.19%, with an annualized return of -0.89%, an annualized volatility of 17.29%, and a Sharpe ratio of -0.05. - The Nanhua Building Materials Index (NHBMI) closed at 704.05, down 7.69 points or -1.08%, with an annualized return of -3.99%, an annualized volatility of 12.11%, and a Sharpe ratio of -0.33. - The Nanhua Oilseeds and Oils Index (NHOOl) closed at 1234.71, down 8.09 points or -0.65%, with an annualized return of -0.56%, an annualized volatility of 12.98%, and a Sharpe ratio of -0.04. - The Nanhua Economic Crops Index (NHAECI) closed at 895.08, up 4.28 points or 0.48%, with an annualized return of 0.24%, an annualized volatility of 6.87%, and a Sharpe ratio of 0.04 [3] Some Single - Variety Indexes - In the agricultural products sector, rapeseed had a 0.00% change, rapeseed meal fell -2.45%, and live pigs fell -1.97%. - In the energy and chemical sector, glass fell -4.53%, synthetic ammonia fell -0.13%, methanol fell -2.03%, styrene fell -1.75%, LPG fell -1.33%, and PTA fell -1.21% [7][11]