南华商品指数日报：能化板块领涨，农产品板块领跌-20260312

Group 1: Report Industry Investment Rating - No relevant content Group 2: Core View of the Report - According to the closing prices of adjacent trading days, today the Nanhua Composite Index rose 1.96%. Among the sector indices, only the Nanhua Precious Metals Index fell by -0.56%, while the rest of the sectors rose. The sector with the largest increase was the Nanhua Energy and Chemical Index, with a gain of 3.66%, and the sector with the smallest increase was the Nanhua Agricultural Products Index, with a gain of 0.12%. Among the theme indices, only the Economic Crops Index fell by -0.74%, while the rest of the theme indices rose. The theme index with the largest increase was the Energy Index, with a gain of 7.33%, and the theme index with the smallest increase was the Building Materials Index, with a gain of 0.28%. Among the single - variety indices of commodity futures, the single - variety index with the largest increase was Low - Sulfur Fuel Oil, up 11.94%, and the single - variety index with the largest decline was Apple, with a decline of -2.46% [1][4] Group 3: Summary by Relevant Catalog Market Data of Nanhua Commodity Index - The Nanhua Composite Index (NHCI) closed at 3077.03 today, up 24.14 points or 0.79% from yesterday, with an annualized return of 20.61%, an annualized volatility of 14.89%, and a Sharpe ratio of 1.38 [3] - The Nanhua Precious Metals Index (NHPMI) closed at 2301.66, down 17.56 points or -0.76% from yesterday, with an annualized return of 110.66%, an annualized volatility of 31.86%, and a Sharpe ratio of 3.47 [3] - The Nanhua Industrial Products Index (NHII) closed at 4106.95, up 48.65 points or 1.20% from yesterday, with an annualized return of 8.25%, an annualized volatility of 16.21%, and a Sharpe ratio of 0.51 [3] - The Nanhua All - Metal Index (NHMI) closed at 7238.22, up 8.04 points or 0.11% from yesterday, with an annualized return of 13.17%, an annualized volatility of 14.31%, and a Sharpe ratio of 0.92 [3] - The Nanhua Energy and Chemical Index (NHECI) closed at 1920.92, up 40.54 points or 2.16% from yesterday, with an annualized return of 5.96%, an annualized volatility of 20.76%, and a Sharpe ratio of 0.29 [3] - The Nanhua Non - Ferrous Metals Index (NHNF) closed at 2077.14, down 1.15 points or -0.06% from yesterday, with an annualized return of 25.81%, an annualized volatility of 18.17%, and a Sharpe ratio of 1.42 [3] - The Nanhua Black Index (NHFI) closed at 2553.25, up 17.81 points or 0.70% from yesterday, with an annualized return of -3.40%, an annualized volatility of 16.01%, and a Sharpe ratio of -0.21 [3] - The Nanhua Agricultural Products Index (NHAI) closed at 1112.48, up 11.35 points or 1.03% from yesterday, with an annualized return of 3.60%, an annualized volatility of 7.94%, and a Sharpe ratio of 0.45 [3] - The Nanhua Mini - Composite Index (NHCIMi) closed at 1386.34, up 2.89 points or 0.21% from yesterday, with an annualized return of 6.44%, an annualized volatility of 23.54%, and a Sharpe ratio of 0.27 [3] - The Nanhua Energy Index (NHEI) closed at 1362.33, down 0.74 points or -0.05% from yesterday, with an annualized return of 13.13%, an annualized volatility of 48.41%, and a Sharpe ratio of 0.27 [3] - The Nanhua Petrochemical Index (NHPCI) closed at 1154.16, up 53.76 points or 4.89% from yesterday, with an annualized return of 10.46%, an annualized volatility of 28.62%, and a Sharpe ratio of 0.37 [3] - The Nanhua Coal - Chemical Index (NHCCI) closed at 1126.11, up 45.67 points or 4.23% from yesterday, with an annualized return of 8.53%, an annualized volatility of 29.54%, and a Sharpe ratio of 0.29 [3] - The Nanhua Black Raw Materials Index (NHEM) closed at 1071.94, up 10.59 points or 1.00% from yesterday, with an annualized return of 0.31%, an annualized volatility of 17.59%, and a Sharpe ratio of 0.02 [3] - The Nanhua Building Materials Index (NHBMI) closed at 714.50, up 14.36 points or 2.05% from yesterday, with an annualized return of 1.40%, an annualized volatility of 13.96%, and a Sharpe ratio of 0.10 [3] - The Nanhua Oilseeds and Oils Index (NHOOl) closed at 1334.24, up 23.41 points or 1.79% from yesterday, with an annualized return of 4.12%, an annualized volatility of 14.05%, and a Sharpe ratio of 0.29 [3] - The Nanhua Economic Crops Index (NHAECI) closed at 982.56, up 4.26 points or 0.44% from yesterday, with an annualized return of 2.75%, an annualized volatility of 10.43%, and a Sharpe ratio of 0.26 [3] Other Information - The calculation method of the contribution degree in the report is that the contribution degree is the product of the daily increase/decrease and the weight, and the daily increase/decrease is the ratio of the (today's closing price) to the (yesterday's closing price). The Nanhua Commodity Index eliminates the price difference when the commodity contract changes months, reflecting the real return of investing in commodity futures [11]