HSBC MSCI (France) Market Value
| WRD Etf | EUR 36.45 0.12 0.33% |
| Symbol | HSBC |
HSBC MSCI '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 HSBC MSCI's etf 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 HSBC MSCI.
| 05/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in HSBC MSCI on May 28, 2023 and sell it all today you would earn a total of 0.00 from holding HSBC MSCI World or generate 0.0% return on investment in HSBC MSCI over 570 days. HSBC MSCI is related to or competes with HSBC MSCI, and HSBC MSCI. The investment objective of the Fund is to replicate the performance of the MSCI World Index , while minimising as far a... More
HSBC MSCI 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 HSBC MSCI's etf 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 MSCI World upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5822 | |||
| Information Ratio | 0.1577 | |||
| Maximum Drawdown | 4.36 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 1.12 |
HSBC MSCI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HSBC MSCI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HSBC MSCI's standard deviation. In reality, there are many statistical measures that can use HSBC MSCI historical prices to predict the future HSBC MSCI's volatility.| Risk Adjusted Performance | 0.1868 | |||
| Jensen Alpha | 0.1246 | |||
| Total Risk Alpha | 0.1099 | |||
| Sortino Ratio | 0.1812 | |||
| Treynor Ratio | 0.2441 |
HSBC MSCI World Backtested Returns
At this point, HSBC MSCI is very steady. HSBC MSCI World retains Efficiency (Sharpe Ratio) of 0.23, which attests that the entity had a 0.23% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for HSBC MSCI, which you can use to evaluate the volatility of the entity. Please check out HSBC MSCI's Market Risk Adjusted Performance of 0.2541, downside deviation of 0.5822, and Semi Deviation of 0.2332 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. The etf owns a Beta (Systematic Risk) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HSBC MSCI's returns are expected to increase less than the market. However, during the bear market, the loss of holding HSBC MSCI is expected to be smaller as well.
Auto-correlation | 0.93 |
Excellent predictability
HSBC MSCI World has excellent predictability. Overlapping area represents the amount of predictability between HSBC MSCI time series from 28th of May 2023 to 8th of March 2024 and 8th of March 2024 to 18th of December 2024. 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 MSCI World price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current HSBC MSCI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 2.76 |
HSBC MSCI World lagged returns against current returns
Autocorrelation, which is HSBC MSCI etf'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 HSBC MSCI's etf expected returns. We can calculate the autocorrelation of HSBC MSCI returns to help us make a trade decision. For example, suppose you find that HSBC MSCI has exhibited high autocorrelation historically, and you observe that the etf 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 |
HSBC MSCI 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 HSBC MSCI etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HSBC MSCI etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HSBC MSCI etf over time.
Current vs Lagged Prices |
| Timeline |
HSBC MSCI Lagged Returns
When evaluating HSBC MSCI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HSBC MSCI etf have on its future price. HSBC MSCI 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, HSBC MSCI autocorrelation shows the relationship between HSBC MSCI etf current value and its past values and can show if there is a momentum factor associated with investing in HSBC MSCI World.
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 HSBC Etf
HSBC MSCI 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 MSCI security.