(XU8Z) HSBC Japan Sustainable - Ratings and Ratios

The HSBC Japan Sustainable Equity UCITS ETF (XETRA:XU8Z) is a Germany-domiciled exchange-traded fund designed to provide exposure to large-cap equities in Japan with a focus on sustainable investing. The fund tracks the Morningstar Japan TME NR JPY index, which incorporates Environmental, Social, and Governance (ESG) criteria to select companies. It is listed on XETRA, offering investors access to Japanese large-cap stocks through a UCITS-compliant ETF structure.

As of the latest data, the ETF has an Average Volume (20d) of 2,679 shares and a last price of 17.61. The funds short-term technical trend is slightly bullish, with the SMA 20 (17.56) marginally below the last price, while the SMA 50 (17.18) and SMA 200 (16.46) indicate a longer-term uptrend. The ATR of 0.16 reflects low volatility. The funds Assets Under Management (AUM) stand at 346.26M EUR, indicating moderate investor interest. The Morningstar index underlying the ETF focuses on Japanese companies that meet specific sustainability thresholds, aligning with global ESG investing trends.

3-Month Forecast: Based on the technical and fundamental data, the ETF is expected to trade in a narrow range. The SMA 20 slightly below the last price suggests potential short-term consolidation, while the SMA 50 and SMA 200 indicate a longer-term bullish bias. The low ATR of 0.16 points to limited volatility, with price movements likely confined between 17.00 and 18.50. Fundamentals such as Japans economic recovery and corporate earnings growth could support the ETFs performance, though external factors like global market sentiment and currency fluctuations may influence returns.