HSBC MUCPAB (France) Performance
| HPAU Etf | 40.86 0.02 0.05% |
The etf owns a Beta (Systematic Risk) of 0.76, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HSBC MUCPAB's returns are expected to increase less than the market. However, during the bear market, the loss of holding HSBC MUCPAB is expected to be smaller as well.
Risk-Adjusted Performance
18 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in HSBC MUCPAB ETF are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, HSBC MUCPAB sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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HSBC MUCPAB Relative Risk vs. Return Landscape
If you would invest 3,591 in HSBC MUCPAB ETF on August 28, 2024 and sell it today you would earn a total of 495.00 from holding HSBC MUCPAB ETF or generate 13.78% return on investment over 90 days. HSBC MUCPAB ETF is generating 0.2058% of daily returns and assumes 0.8828% volatility on return distribution over the 90 days horizon. Simply put, 7% of etfs are less volatile than HSBC, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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HSBC MUCPAB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HSBC MUCPAB's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HSBC MUCPAB ETF, and traders can use it to determine the average amount a HSBC MUCPAB's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2331
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average HSBC MUCPAB is performing at about 18% 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 MUCPAB by adding it to a well-diversified portfolio.