Judging from the relevant information, China Growth Hybrid (000001) is a stock-oriented fund, and its beta coefficient is 0.71957 (of course, I found this coefficient from public information).
1. Judging from its beta coefficient, its ability to resist the market is still acceptable. That is to say, when the market falls by 1%, the fund will fall by about 0.7%. Of course, if the market rises by 1%, the fund will only rise by about 0.7%.
(It should be noted that the measurement of mutual fluctuations requires a period of time, such as a week or a month, rather than daily fluctuations.)
2. In the long run, this fund is still good. First of all, it has the aura of China, a famous fund management company. Secondly, we can see from its data that it has achieved a growth rate of 358.71% since its establishment in 2002. Finally, from its
Judging from the position situation, I am more optimistic about the food (Yili shares), aviation (China Eastern Airlines, Air China) and other industries.