HSBC HLDGS PLC Market Value
| 404280AQ2 | 88.62 6.20 6.54% |
| Symbol | 404280AQ2 |
404280AQ2 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to 404280AQ2's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of 404280AQ2.
| 03/12/2023 |
| 03/01/2025 |
If you would invest 0.00 in 404280AQ2 on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding HSBC HLDGS PLC or generate 0.0% return on investment in 404280AQ2 over 720 days. 404280AQ2 is related to or competes with Corning Incorporated, Bragg Gaming, Tianjin Capital, Maanshan Iron, Nippon Steel, and Gerdau SA. More
404280AQ2 Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure 404280AQ2's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess HSBC HLDGS PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.77 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 1.33 |
404280AQ2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 404280AQ2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 404280AQ2's standard deviation. In reality, there are many statistical measures that can use 404280AQ2 historical prices to predict the future 404280AQ2's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 2.71 |
HSBC HLDGS PLC Backtested Returns
HSBC HLDGS PLC retains Efficiency (Sharpe Ratio) of -0.19, which signifies that the bond had a -0.19 % return per unit of price deviation over the last 3 months. 404280AQ2 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 404280AQ2's Market Risk Adjusted Performance of 2.72, information ratio of (0.18), and Coefficient Of Variation of (523.13) to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 404280AQ2 are expected to decrease at a much lower rate. During the bear market, 404280AQ2 is likely to outperform the market.
Auto-correlation | -0.61 |
Very good reverse predictability
HSBC HLDGS PLC has very good reverse predictability. Overlapping area represents the amount of predictability between 404280AQ2 time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HSBC HLDGS PLC price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current 404280AQ2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 7.15 |
HSBC HLDGS PLC lagged returns against current returns
Autocorrelation, which is 404280AQ2 bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting 404280AQ2's bond expected returns. We can calculate the autocorrelation of 404280AQ2 returns to help us make a trade decision. For example, suppose you find that 404280AQ2 has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
404280AQ2 regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If 404280AQ2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 404280AQ2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 404280AQ2 bond over time.
Current vs Lagged Prices |
| Timeline |
404280AQ2 Lagged Returns
When evaluating 404280AQ2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 404280AQ2 bond have on its future price. 404280AQ2 autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, 404280AQ2 autocorrelation shows the relationship between 404280AQ2 bond current value and its past values and can show if there is a momentum factor associated with investing in HSBC HLDGS PLC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in 404280AQ2 Bond
404280AQ2 financial ratios help investors to determine whether 404280AQ2 Bond 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 404280AQ2 with respect to the benefits of owning 404280AQ2 security.