HSBC Hang (Switzerland) Price on December 4, 2024
| HSTE Etf | USD 6.39 0.34 5.05% |
If you're considering investing in HSBC Etf, it is important to understand the factors that can impact its price. As of today, the current price of HSBC Hang stands at 6.39, as last reported on the 12th of December 2024, with the highest price reaching 6.39 and the lowest price hitting 6.39 during the day. HSBC Hang appears to be slightly risky, given 3 months investment horizon. HSBC Hang Seng retains Efficiency (Sharpe Ratio) of 0.16, which attests that the entity had a 0.16% return per unit of return volatility over the last 3 months. By reviewing HSBC Hang's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize HSBC Hang's Market Risk Adjusted Performance of 1.34, semi deviation of 2.54, and Downside Deviation of 2.98 to validate if our risk estimates are consistent with your expectations.
HSBC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
HSBC |
Sharpe Ratio = 0.1623
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Estimated Market Risk
| 3.68 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average HSBC Hang is performing at about 12% 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 Hang by adding it to a well-diversified portfolio.
HSBC Hang Valuation on December 4, 2024
It is possible to determine the worth of HSBC Hang on a given historical date. On December 4, 2024 HSBC was worth 6.06 at the beginning of the trading date compared to the closed value of 6.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HSBC Hang etf. Still, in general, we apply an absolute valuation method to find HSBC Hang'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 Hang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HSBC Hang's related companies.
| Open | High | Low | Close | Volume | |
| 5.90 | 5.90 | 5.84 | 5.88 | 29,021 | |
11/29/2024 | 6.06 | 6.06 | 6.03 | 6.03 | 103,400 |
| 6.15 | 6.15 | 6.10 | 6.10 | 26,305 |
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HSBC Hang Trading Date Momentum on December 4, 2024
| On December 05 2024 HSBC Hang Seng was traded for 6.10 at the closing time. The highest price during the trading period was 6.15 and the lowest recorded bid was listed for 6.10 . The volume for the day was 26.3 K. This history from December 5, 2024 contributed to the next trading day price increase. The trading delta at closing time to the next closing price was 1.16% . The trading delta at closing time to the current price is 7.63% . |
About HSBC Hang Etf history
HSBC Hang 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 Hang Seng 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 Hang stock prices may prove useful in developing a viable investing in HSBC Hang
HSBC Hang Etf Technical Analysis
HSBC Hang technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
HSBC Hang Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
HSBC Hang Seng cannot be verified against its exchange. Please verify the symbol is currently traded on SIX Swiss 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 Hang December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how HSBC Hang etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HSBC Hang shares will generate the highest return on investment. By undertsting and applying HSBC Hang etf market strength indicators, traders can identify HSBC Hang Seng entry and exit signals to maximize returns
HSBC Hang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HSBC Hang's price direction in advance. Along with the technical and fundamental analysis of HSBC Etf 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 | 0.1265 | |||
| Jensen Alpha | 0.4862 | |||
| Total Risk Alpha | 0.0093 | |||
| Sortino Ratio | 0.1403 | |||
| Treynor Ratio | 1.33 |
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Other Information on Investing in HSBC Etf
HSBC Hang financial ratios help investors to determine whether HSBC Etf 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 Hang security.