(HMWO) HSBC MSCI World USD - Ratings and Ratios

The HSBC MSCI World UCITS ETF USD (SW:HMWO) is a Global Large-Cap Blend Equity ETF that tracks the Morningstar Global TME NR USD index, providing investors with diversified exposure to a broad range of large-cap equities across the globe. With its origins in Switzerland, this ETF is designed to offer a cost-effective and transparent investment solution.

Analyzing the ETFs technical data, we observe that it is currently trading at $39.34, above its 20-day Simple Moving Average (SMA) of $38.49 and 50-day SMA of $36.75, indicating a positive short-term trend. The 200-day SMA stands at $37.01, further confirming the upward momentum. The Average True Range (ATR) is $0.36, representing a daily volatility of 0.92%. The ETF has reached its 52-week high of $39.34 and is significantly above its 52-week low of $32.32, showcasing its resilience in the market.

From a fundamental perspective, the HSBC MSCI World UCITS ETF USD has a substantial Assets Under Management (AUM) of $11.15 billion USD, underscoring its popularity and liquidity among investors. This large AUM also implies that the ETF is well-established and has a significant presence in the global equity market.

By combining the technical and fundamental data, we can forecast that the HSBC MSCI World UCITS ETF USD is likely to continue its upward trend in the short term, driven by its positive momentum and strong market presence. However, investors should be cautious of potential volatility, as indicated by the ATR. A break above the current 52-week high could signal further growth, while a decline below the 50-day SMA may indicate a reversal in trend. As such, investors may consider maintaining a watchful eye on the ETFs price movements and adjusting their strategies accordingly.