HSBC SP is trading at 39.75 as of the 9th of January 2025, a No Change since the beginning of the trading day. The etf's open price was 39.75. HSBC SP has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 10th of December 2024 and ending today, the 9th of January 2025. Click here to learn more.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HSBC SP etf to make a market-neutral strategy. Peer analysis of HSBC SP could also be used in its relative valuation, which is a method of valuing HSBC SP by comparing valuation metrics with similar companies.