The fund owns Beta (Systematic Risk) of 0.0 which attests that the returns on MARKET and HSBC US are completely uncorrelated. Although it is extremely important to respect HSBC US Dollar
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 US Dollar 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 US Dollar Liquidity L has generated negative risk-adjusted returns adding no value to fund investors. Inspite fairly strong basic indicators, HSBC US 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||1.0390|
|Fifty Two Week High||1.0431|
HSBC US Dollar Relative Risk vs. Return Landscape
If you would invest (100.00)
in HSBC US Dollar Liquidity L on May 16, 2019
and sell it today you would earn a total of 100.00
from holding HSBC US Dollar Liquidity L or generate -100.0%
return on investment over 30
days. HSBC US Dollar Liquidity L 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 US and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
HSBC US Market Risk Analysis
Sharpe Ratio = 0.0
Based on monthly moving average HSBC US 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 US
by adding it to a well-diversified