The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and HSBC Midcap are completely uncorrelated. Although it is extremely important to respect HSBC Midcap Equity
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 Midcap Equity 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 Midcap Equity Gr has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, HSBC Midcap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
|Fifty Two Week Low||43.16|
|Fifty Two Week High||55.25|
|Annual Report Expense Ratio||2.47%|
HSBC Midcap Equity Relative Risk vs. Return Landscape
If you would invest (100.00)
in HSBC Midcap Equity Gr on June 19, 2019
and sell it today you would earn a total of 100.00
from holding HSBC Midcap Equity Gr or generate -100.0%
return on investment over 30
days. HSBC Midcap Equity Gr 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 Midcap and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HSBC Midcap Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HSBC Midcap 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 Midcap
by adding it to a well-diversified