Hsbc Opportunity Fund Price on November 12, 2024
| HSOAX Fund | USD 10.62 0.05 0.47% |
Below is the normalized historical share price chart for Hsbc Opportunity Fund extending back to August 02, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hsbc Opportunity stands at 10.62, as last reported on the 4th of December, with the highest price reaching 10.62 and the lowest price hitting 10.62 during the day.
If you're considering investing in HSBC Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider HSBC Mutual Fund to be very steady. Hsbc Opportunity holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hsbc Opportunity, which you can use to evaluate the volatility of the entity. Please check out Hsbc Opportunity's Risk Adjusted Performance of 0.1048, market risk adjusted performance of 0.6454, and Downside Deviation of 1.07 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
HSBC Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
HSBC |
Sharpe Ratio = 0.195
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hsbc Opportunity is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hsbc Opportunity by adding it to a well-diversified portfolio.
Hsbc Opportunity Valuation on November 12, 2024
It is possible to determine the worth of Hsbc Opportunity on a given historical date. On November 12, 2024 HSBC was worth 10.42 at the beginning of the trading date compared to the closed value of 10.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hsbc Opportunity mutual fund. Still, in general, we apply an absolute valuation method to find Hsbc Opportunity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hsbc Opportunity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hsbc Opportunity's related companies.
| Open | High | Low | Close | Volume | |
| 10.53 | 10.53 | 10.53 | 10.53 | 1.00 | |
11/12/2024 | 10.42 | 10.42 | 10.42 | 10.42 | 1.00 |
| 10.39 | 10.39 | 10.39 | 10.39 | 1.00 |
| Backtest Hsbc Opportunity | | | Hsbc Opportunity History | | | Hsbc Opportunity Valuation | Previous | Next |
Hsbc Opportunity Trading Date Momentum on November 12, 2024
| On November 13 2024 Hsbc Opportunity Fund was traded for 10.39 at the closing time. The highest daily price throughout the period was 10.39 and the lowest price was 10.39 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.29% . The trading delta at closing time to current closing price is 1.34% . |
Hsbc Opportunity Fundamentals Correlations and Trends
By evaluating Hsbc Opportunity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hsbc Opportunity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HSBC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hsbc Opportunity Mutual Fund history
Hsbc Opportunity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HSBC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hsbc Opportunity will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hsbc Opportunity stock prices may prove useful in developing a viable investing in Hsbc Opportunity
The fund seeks to achieve its investment objective by investing all of its assets in the Portfolio, which has the same investment objective as the fund. The fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in U.S. equity securities of small and mid-cap companies that meet the Subadvisers fundamental and ESG criteria. Small- and mid-cap companies generally are defined as those companies with market capitalizations within the range represented in the Bloomberg US Growth Total Return Index.
Hsbc Opportunity Mutual Fund Technical Analysis
Hsbc Opportunity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Hsbc Opportunity Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Hsbc Opportunity Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hsbc Opportunity December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Hsbc Opportunity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hsbc Opportunity shares will generate the highest return on investment. By undertsting and applying Hsbc Opportunity mutual fund market strength indicators, traders can identify Hsbc Opportunity Fund entry and exit signals to maximize returns
Hsbc Opportunity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hsbc Opportunity's price direction in advance. Along with the technical and fundamental analysis of HSBC Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of HSBC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1048 | |||
| Jensen Alpha | 0.1065 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0224 | |||
| Treynor Ratio | 0.6354 |
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| Volume Indicators |
Other Information on Investing in HSBC Mutual Fund
Hsbc Opportunity financial ratios help investors to determine whether HSBC Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HSBC with respect to the benefits of owning Hsbc Opportunity security.
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