(WRD) HSBC MSCI World - Ratings and Ratios

The HSBC MSCI World UCITS ETF (PA:WRD) is a UCITS-compliant exchange-traded fund designed to track the performance of the MSCI World Index. This index includes large- and mid-cap stocks across 23 developed market countries, providing broad diversification across sectors and regions. The fund is listed on Euronext Paris (Exchange: PA) and is classified under the Global Large-Cap Blend Equity category.

From a technical perspective, the ETF currently trades at 31.40 EUR, with a 20-day average volume of 14,220 shares. Its short-term moving averages (SMA 20: 31.95, SMA 50: 34.11) suggest a recent downward trend, while the SMA 200 (34.32) indicates longer-term stability. The Average True Range (ATR) of 0.84 reflects moderate volatility.

Fundamentally, the ETF manages an asset base of 11,042.02M EUR, indicating significant investor interest and liquidity. As a physically replicated fund, it holds the actual securities in the MSCI World Index, ensuring close tracking of the underlying benchmark. The funds expense ratio is competitive, aligning with industry standards for similar strategies.

3-Month Forecast: Based on and , the ETF is expected to remain range-bound in the near term, with potential support at 30.50 and resistance at 33.00. The SMA 20 crossing below the SMA 50 signals short-term weakness, but the strong AUM and stable tracking error suggest resilience. points to continued investor demand for global equity exposure, while indicates moderate volatility ahead.