The index retains Market Volatility (i.e. Beta) of 0.0 which attests that 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. Macroaxis philosophy towards determining future performance of any index 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.
|Horizon||30 Days Login to change|
Hang Seng Relative Risk vs. Return LandscapeIf you would invest 2,846,648 in Hang Seng on September 19, 2019 and sell it today you would lose (174,690) from holding Hang Seng or give up 6.14% of portfolio value over 30 days. Hang Seng is currently does not generate positive expected returns and assumes 1.1306% risk (volatility on return distribution) over the 30 days horizon. In different words, 10% of equities are less volatile than Hang Seng and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Hang Seng Market Risk Analysis
Sharpe Ratio = -0.0893
Hang Seng Relative Performance Indicators
Estimated Market Risk