(H4ZY) HSBC MSCI World USD EUR - Ratings and Ratios

The HSBC MSCI World UCITS ETF USD (Acc) EUR, traded on XETRA under the ticker symbol H4ZY, is a global large-cap blend equity ETF originating from Germany. It tracks the Morningstar Global TME NR USD index, providing investors with diversified exposure to a broad range of large-cap equities across developed markets worldwide.

With Assets Under Management (AUM) totaling €12,264.42 million, this ETF is a significant player in the global equity ETF market. Its size indicates a high level of investor confidence and liquidity, making it an attractive option for investors seeking to gain broad exposure to global equities.

Analyzing the ETFs technical data, we observe that its last price was €32.88, slightly above its 20-day Simple Moving Average (SMA) of €32.69, indicating a positive short-term trend. The 50-day SMA stands at €31.42, significantly below the current price, further reinforcing the positive trend. The 200-day SMA is €32.86, very close to the current price, suggesting a stable long-term trend. The Average True Range (ATR) is 0.39, or 1.19% of the current price, indicating moderate volatility.

Given the ETFs technical and fundamental data, a forecast can be derived. The ETFs price is near its 200-day SMA, and with the short-term trend being positive, theres potential for the price to continue upwards. However, the proximity to the 52-week high of €35.74 suggests that there is still room for growth, albeit with potential resistance at higher levels. Conversely, the 52-week low of €27.90 provides a significant support level. Considering the AUM and the ETFs tracking of a broad global equity index, a reasonable forecast is that the ETF will continue to trend upwards, potentially reaching €34.50 in the next 6-12 months, assuming no significant global economic downturns.

Investors should note that while the ETF offers diversified exposure, its performance is closely tied to global equity markets. As such, it is sensitive to macroeconomic factors, geopolitical events, and market sentiment. Investors considering this ETF should assess their risk tolerance and investment goals, potentially using this ETF as a core holding within a diversified portfolio.