Our approach to determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for HSBC US which you can use to evaluate future volatility of the entity. Please check out HSBC US Dollar Liquidity L Market Risk Adjusted Performance of
(6.92) to validate if risk estimate we provide are consistent with the epected return of 0.0%.
|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. 2 Months Beta |Analyze HSBC US Dollar Demand TrendCheck current 30 days HSBC US correlation with market (DOW)|
β = -0.006
HSBC US Central Daily Price Deviation
HSBC US Dollar Technical Analysis
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HSBC US Projected Return Density Against MarketAssuming 30 trading days horizon, HSBC US Dollar Liquidity L has beta of -0.006 . 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, The company has an alpha of 0.043 implying that it can potentially generate 0.043% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Assuming 30 trading days horizon, the coefficient of variation of HSBC US is 0.0. The daily returns are destributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of HSBC US Dollar Liquidity L is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 1.74
|Alpha over DOW||=||0.043|
|Beta against DOW||=||0.006|
HSBC US Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.657% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.66 and is 9.223372036854776E16 times more volatile than HSBC US Dollar Liquidity L. 0% of all equities and portfolios are less risky than HSBC US. Compared to the overall equity markets, volatility of historical daily returns of HSBC US Dollar Liquidity L is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use HSBC US Dollar Liquidity L to protect your portfolios against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of HSBC US to be traded at $0.0 in 30 days. . 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.
HSBC US correlation with market