(H4Z3) HSBC MSCI Emerging Markets - Ratings and Ratios

The HSBC MSCI Emerging Markets UCITS ETF USD Acc EUR is an exchange-traded fund listed on the XETRA exchange with the ticker symbol H4Z3. It is designed to track the Morningstar Emerging Markets TME NR USD Index, providing investors with exposure to a broad range of emerging markets equities.

As a Global Emerging Markets Equity ETF, it offers a diversified portfolio that captures the growth potential of emerging economies. The fund is domiciled in Germany and is structured as a UCITS-compliant ETF, making it accessible to a wide range of investors across Europe.

From a technical analysis perspective, the ETFs price action indicates a bullish trend, with the short-term Simple Moving Average (SMA20) at 11.04 EUR and the long-term SMA200 at 10.91 EUR. The current price of 11.15 EUR is above both SMAs, suggesting an upward momentum. The Average True Range (ATR) of 0.12 EUR or 1.06% indicates moderate volatility, and the 52-week high and low of 11.65 EUR and 9.45 EUR, respectively, suggest a relatively stable price range.

With Assets Under Management (AUM) of 2637.67M EUR, the fund has a significant presence in the market, indicating strong investor interest. The size of the fund also suggests that it has sufficient liquidity, making it easier for investors to enter or exit positions.

Based on the technical and fundamental data, a forecast for the HSBC MSCI Emerging Markets UCITS ETF USD Acc EUR could be as follows: Given the bullish trend indicated by the SMAs and the current price, we can expect the ETF to continue its upward trajectory. However, the moderate volatility indicated by the ATR suggests that there may be some fluctuations along the way. With a strong AUM and a diversified portfolio, the fund is well-positioned to capitalize on the growth potential of emerging markets. Therefore, a potential price target for the ETF could be in the range of 11.50-12.00 EUR in the short to medium term, contingent on the continued growth of the underlying index.