HSBC Multi is trading at 23.59 as of the 24th of November 2024, a No Change since the beginning of the trading day. The etf's open price was 23.59. HSBC Multi has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for HSBC Multi Factor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HSBC Multi etf to make a market-neutral strategy. Peer analysis of HSBC Multi could also be used in its relative valuation, which is a method of valuing HSBC Multi by comparing valuation metrics with similar companies.