Hsbc Sp 500 Etf Price To Sales
HHH Etf | EUR 57.83 0.16 0.28% |
HSBC SP 500 fundamentals help investors to digest information that contributes to HSBC SP's financial success or failures. It also enables traders to predict the movement of HSBC Etf. The fundamental analysis module provides a way to measure HSBC SP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to HSBC SP etf.
HSBC |
HSBC SP 500 ETF Price To Sales Analysis
HSBC SP's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current HSBC SP Price To Sales | 1.86 X |
Most of HSBC SP's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, HSBC SP 500 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition |
Based on the latest financial disclosure, HSBC SP 500 has a Price To Sales of 1.86 times. This is much higher than that of the HSBC Investment Funds (Luxembourg) S.A. family and significantly higher than that of the Price To Sales category. The price to sales for all France etfs is notably lower than that of the firm.
HSBC Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HSBC SP's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. 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 of similar companies.HSBC SP is currently under evaluation in price to sales as compared to similar ETFs.
Fund Asset Allocation for HSBC SP
The fund consists of 91.92% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides HSBC SP's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
HSBC Fundamentals
Price To Earning | 19.06 X | |||
Price To Book | 2.66 X | |||
Price To Sales | 1.86 X | |||
Total Asset | 2.95 B | |||
One Year Return | 8.94 % | |||
Three Year Return | 13.96 % | |||
Five Year Return | 10.74 % | |||
Net Asset | 2.95 B | |||
Holdings Turnover | 6.28 % | |||
Equity Positions Weight | 91.92 % |
About HSBC SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HSBC SP 500's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HSBC SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HSBC SP 500 based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in HSBC Etf
HSBC SP financial ratios help investors to determine whether HSBC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HSBC with respect to the benefits of owning HSBC SP security.