HSBC US (Ireland) Probability of Target Price Finishing Over Current Price

    HSBC US probability of target price tool provides mechanism to make assumptions about upside and downside potential of HSBC US Dollar Liquidity L performance during a given time horizon utilizing its historical volatility. Please specify HSBC US time horizon, a valid symbol (red box) and a target price (blue box) you would like HSBC US odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    HSBC US Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 92.4%
    Based on normal probability distribution, the odds of HSBC US to move above current price in 30 days from now is about 92.4% (This HSBC US Dollar Liquidity L probability density function shows the probability of HSBC US Fund to fall within a particular range of prices over 30 days) .
    Assuming 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. Additionally 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).
     HSBC US Price Density 
    Alpha over DOW
    Beta against DOW=0.006
    Overall volatility
    Information ratio =0.88

    HSBC US Alerts

    HSBC US Alerts and Suggestions

    HSBC US Dollar is not yet fully synchronised with the market data
    HSBC US Dollar has some characteristics of a very speculative penny stock
    The fund retains about 100.0% of its assets under management (AUM) in cash

    Price Density Drivers

    HSBC US Health Indicators

    Please also check Risk vs Return Analysis. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.