The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and HSBC Flexi are completely uncorrelated. Although it is extremely important to respect HSBC Flexi Debt
existing price patterns
, it is better to be realistic regarding the information on equity price patterns
. The approach to determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By reviewing HSBC Flexi Debt technical indicators
you can today evaluate if the expected return of 0.0% will be sustainable into the future.
Risk-Adjusted Fund Performance
Over the last 30 days HSBC Flexi Debt Dir Qt Div has generated negative risk-adjusted returns adding no value to fund investors. Inspite very unfluctuating forward-looking indicators, HSBC Flexi is not utilizing all of its potentials. The current stock price disarray, may contribute to short term momentum losses for the insiders.
HSBC Flexi Debt Relative Risk vs. Return Landscape
If you would invest (100.00)
in HSBC Flexi Debt Dir Qt Div on June 17, 2019
and sell it today you would earn a total of 100.00
from holding HSBC Flexi Debt Dir Qt Div or generate -100.0%
return on investment over 30
days. HSBC Flexi Debt Dir Qt Div is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than HSBC Flexi and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HSBC Flexi Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HSBC Flexi is performing at about 0% 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 Flexi
by adding it to a well-diversified