HSBC APAC (UK) Market Value
| HSAX Etf | 19.28 0.14 0.73% |
| Symbol | HSBC |
Please note, there is a significant difference between HSBC APAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if HSBC APAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HSBC APAC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
HSBC APAC '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 APAC'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 APAC.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in HSBC APAC on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding HSBC APAC EX or generate 0.0% return on investment in HSBC APAC over 90 days. HSBC APAC is related to or competes with HSBC FTSE, HSBC SP, HSBC MSCI, HSBC NASDAQ, and HSBC Emerging. HSBC APAC is entity of United Kingdom. It is traded as Etf on LSE exchange. More
HSBC APAC 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 APAC'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 APAC EX upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7799 | |||
| Information Ratio | 0.1874 | |||
| Maximum Drawdown | 4.6 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 2.05 |
HSBC APAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HSBC APAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HSBC APAC's standard deviation. In reality, there are many statistical measures that can use HSBC APAC historical prices to predict the future HSBC APAC's volatility.| Risk Adjusted Performance | 0.3184 | |||
| Jensen Alpha | 0.2691 | |||
| Total Risk Alpha | 0.1742 | |||
| Sortino Ratio | 0.2202 | |||
| Treynor Ratio | 1.19 |
HSBC APAC EX Backtested Returns
HSBC APAC appears to be very steady, given 3 months investment horizon. HSBC APAC EX retains Efficiency (Sharpe Ratio) of 0.33, which attests that the entity had a 0.33 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for HSBC APAC, which you can use to evaluate the volatility of the entity. Please utilize HSBC APAC's Market Risk Adjusted Performance of 1.2, downside deviation of 0.7799, and Semi Deviation of 0.2971 to validate if our risk estimates are consistent with your expectations. The etf owns a Beta (Systematic Risk) of 0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HSBC APAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding HSBC APAC is expected to be smaller as well.
Auto-correlation | 0.80 |
Very good predictability
HSBC APAC EX has very good predictability. Overlapping area represents the amount of predictability between HSBC APAC time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 APAC EX price movement. The serial correlation of 0.8 indicates that around 80.0% of current HSBC APAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
HSBC APAC EX lagged returns against current returns
Autocorrelation, which is HSBC APAC 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 APAC's etf expected returns. We can calculate the autocorrelation of HSBC APAC returns to help us make a trade decision. For example, suppose you find that HSBC APAC 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 APAC 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 APAC etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HSBC APAC etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HSBC APAC etf over time.
Current vs Lagged Prices |
| Timeline |
HSBC APAC Lagged Returns
When evaluating HSBC APAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HSBC APAC etf have on its future price. HSBC APAC 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 APAC autocorrelation shows the relationship between HSBC APAC etf current value and its past values and can show if there is a momentum factor associated with investing in HSBC APAC EX.
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 APAC 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 APAC security.