HSBC SP (Germany) Performance
| H4ZN Etf | 55.36 0.31 0.56% |
The etf owns a Beta (Systematic Risk) of 0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HSBC SP's returns are expected to increase less than the market. However, during the bear market, the loss of holding HSBC SP is expected to be smaller as well.
Risk-Adjusted Performance
21 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in HSBC SP 500 are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile basic indicators, HSBC SP exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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HSBC SP Relative Risk vs. Return Landscape
If you would invest 4,835 in HSBC SP 500 on September 13, 2024 and sell it today you would earn a total of 701.00 from holding HSBC SP 500 or generate 14.5% return on investment over 90 days. HSBC SP 500 is generating 0.2147% of daily returns and assumes 0.7785% volatility on return distribution over the 90 days horizon. Simply put, 6% 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 SP Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HSBC SP's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as HSBC SP 500, and traders can use it to determine the average amount a HSBC SP'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 = 0.2758
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Estimated Market Risk
| 0.78 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average HSBC SP is performing at about 21% 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 SP by adding it to a well-diversified portfolio.