(H41H) HSBC MSCI World EUR - Ratings and Ratios

The HSBC MSCI World UCITS ETF EUR Hedged (Acc) EUR is a German-based ETF that tracks the MSCI World Index, providing investors with exposure to a broad range of developed market equities. The fund is designed to hedge against EUR currency fluctuations, making it an attractive option for European investors seeking to minimize currency risk.

Analyzing the ETFs characteristics, its clear that its a diversified equity fund with a large asset base, boasting €12.264 billion in Assets Under Management (AUM). This significant scale indicates a high level of investor confidence and liquidity, making it easier for investors to enter or exit positions.

From a technical analysis perspective, the ETFs price action suggests a bullish trend. The short-term Simple Moving Average (SMA20) is above the longer-term SMA50 and SMA200, indicating a positive momentum. The Average True Range (ATR) is relatively low at 0.31, equivalent to 0.90%, implying that the ETFs price is not experiencing high volatility. The current price of €34.07 is near the 52-week high of €34.49, further supporting the bullish outlook.

Using historical data and fundamental analysis, a forecast for the HSBC MSCI World UCITS ETF EUR Hedged (Acc) EUR can be made. Assuming the global economy continues to grow, and the MSCI World Index maintains its upward trajectory, its likely that the ETF will continue to perform well. Based on the SMA20, SMA50, and SMA200, a potential price target could be €35.50, representing a 4% increase from the current price. However, if the ATR increases, indicating higher volatility, investors should be cautious of potential price swings.

In conclusion, the HSBC MSCI World UCITS ETF EUR Hedged (Acc) EUR is a solid investment option for those seeking exposure to developed market equities with a hedged currency position. With its diversified portfolio and significant AUM, the ETF is well-positioned for long-term growth. Investors should continue to monitor the ETFs technical and fundamental data to adjust their investment strategies accordingly.