(H411) HSBC MSCI AC FAR EAST ex - Ratings and Ratios

The HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF, traded on XETRA under the ticker symbol H411, is an exchange-traded fund that tracks the Morningstar Asia xJpn TME NR USD index. This ETF is designed to provide investors with exposure to a diversified portfolio of equities in the Asia ex-Japan region, catering to those seeking to capitalize on the growth potential of emerging and developed markets in this area.

As a Germany-originated UCITS-compliant ETF, it adheres to stringent regulatory standards, making it accessible to a broad range of investors. The funds underlying index includes a broad spectrum of market capitalization, thereby offering a comprehensive representation of the Asia ex-Japan equity market. The ETF category of Asia ex-Japan Equity is particularly appealing to investors looking to diversify their portfolios geographically and sectorally.

Analyzing the provided technical data, we observe that the ETF has recently shown a positive trend, with its last price standing at 49.63, above both its 20-day Simple Moving Average (SMA20) of 45.82 and its 50-day Simple Moving Average (SMA50) of 47.11. The proximity of the SMA50 and SMA200 (47.14) indicates a stable long-term trend. The Average True Range (ATR) of 1.21, corresponding to a 2.44% volatility, suggests moderate daily price movements. Given the 52-week high and low of 52.69 and 40.48, respectively, the current price is near the upper end of its recent range, indicating a relatively strong performance.

From a fundamental perspective, the Assets Under Management (AUM) of 146.76M EUR signify a reasonable scale for the ETF, suggesting it has garnered sufficient investor interest. This level of AUM typically allows for adequate liquidity, making it easier for investors to enter or exit positions without significantly affecting the market price.

Forecasting the ETFs future performance involves integrating both technical and fundamental analyses. Given the ETFs current price above its key moving averages and its proximity to the 52-week high, theres a potential for continued upward momentum if the Asia ex-Japan equity market maintains its growth trajectory. The overall health of the global economy, regional trade dynamics, and monetary policies will be crucial factors influencing this ETFs performance. Assuming a stable global economic environment and continued growth in the Asia ex-Japan region, the ETF could potentially reach new highs, possibly testing resistance levels beyond its current 52-week high of 52.69. Conversely, any significant downturn in the regions equity markets could lead to a decline, potentially towards the 40.48 level. Investors should closely monitor regional economic indicators, sectoral trends, and global market conditions to make informed decisions.