Hang Seng (Hong Kong) Performance

HSI
 Index
  

 21,644  56.92  0.26%   

The index retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. Let's try to break down what Hang Seng's beta means in this case. the returns on MARKET and Hang Seng are completely uncorrelated. Even though it is essential to pay attention to Hang Seng current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hang Seng exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
  
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Hang Seng Relative Risk vs. Return Landscape

If you would invest  2,187,201  in Hang Seng on April 8, 2022 and sell it today you would lose (22,843)  from holding Hang Seng or give up 1.04% of portfolio value over 90 days. Hang Seng is currently does not generate positive expected returns and assumes 1.8875% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of indexs are less volatile than Hang Seng, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Hang Seng is expected to generate 1.29 times more return on investment than the market. However, the company is 1.29 times more volatile than its market benchmark. It trades about 0.0 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.

Hang Seng Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hang Seng's investment risk. Standard deviation is the most common way to measure market volatility of indexs, such as Hang Seng, and traders can use it to determine the average amount a Hang Seng's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -7.0E-4

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Estimated Market Risk
 1.89
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 0.0
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 0 %
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Risk-Adjusted Return
 0.0
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Based on monthly moving average Hang Seng 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 Hang Seng by adding it to a well-diversified portfolio.

About Hang Seng Performance

To evaluate Hang Seng Index as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Hang Seng generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Hang Seng Index's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Hang Seng stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Hang Seng's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.

Things to note about Hang Seng

Checking the ongoing alerts about Hang Seng for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hang Seng help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Hang Seng Alerts

Equity Alerts and Improvement Suggestions

Hang Seng generated a negative expected return over the last 90 days
Check out Your Current Watchlist. Note that the Hang Seng information on this page should be used as a complementary analysis to other Hang Seng's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for Hang Seng Index

When running Hang Seng price analysis, check to measure Hang Seng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hang Seng is operating at the current time. Most of Hang Seng's value examination focuses on studying past and present price action to predict the probability of Hang Seng's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hang Seng's price. Additionally, you may evaluate how the addition of Hang Seng to your portfolios can decrease your overall portfolio volatility.
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