|Horizon||30 Days Login to change|
HSBC US Market Sensitivity
|As returns on market increase, returns on owning HSBC US are expected to decrease at a much smaller rate. During bear market, HSBC US is likely to outperform the market.One Month Beta |Analyze HSBC US Dollar Demand TrendCheck current 30 days HSBC US correlation with market (DOW)|
β = -0.0316
HSBC US Central Price Deviations
HSBC US Dollar Technical Analysis
HSBC US Projected Return Density Against MarketAssuming 30 trading days horizon, HSBC US Dollar Liquidity L has beta of -0.0316 . This indicates as returns on benchmark increase, returns on holding HSBC US are expected to decrease at a much smaller rate. During bear market, however, HSBC US Dollar Liquidity L is likely to outperform the market. Moreover, HSBC US Dollar Liquidity L has an alpha of 0.0509 implying that it can potentially generate 0.0509% excess return over DOW after adjusting for the inherited market risk (beta).
HSBC US Return VolatilityHSBC US Dollar Liquidity L accepts 0.0% volatility on return distribution over the 30 days horizon. DOW inherits 1.3078% risk (volatility on return distribution) over the 30 days horizon.