HSBC NASDAQ (UK) Performance
| HNCS Etf | 8.84 0.12 1.34% |
The etf owns a Beta (Systematic Risk) of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HSBC NASDAQ's returns are expected to increase less than the market. However, during the bear market, the loss of holding HSBC NASDAQ is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in HSBC NASDAQ Global are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, HSBC NASDAQ may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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HSBC NASDAQ Relative Risk vs. Return Landscape
If you would invest 806.00 in HSBC NASDAQ Global on August 30, 2024 and sell it today you would earn a total of 78.00 from holding HSBC NASDAQ Global or generate 9.68% return on investment over 90 days. HSBC NASDAQ Global is generating 0.1468% of daily returns and assumes 0.9688% volatility on return distribution over the 90 days horizon. Simply put, 8% of etfs are less volatile than HSBC, and 98% 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 NASDAQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HSBC NASDAQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HSBC NASDAQ Global, and traders can use it to determine the average amount a HSBC NASDAQ'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 = 0.1515
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average HSBC NASDAQ is performing at about 11% 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 NASDAQ by adding it to a well-diversified portfolio.
About HSBC NASDAQ Performance
Assessing HSBC NASDAQ's fundamental ratios provides investors with valuable insights into HSBC NASDAQ's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the HSBC NASDAQ is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.