{
  "ticker": {
    "uuid": "409d9354-15ed-4114-b53c-91aa7110e9de",
    "symbol": "H416",
    "name": "HSBC Plus World Equity Quant Active UCITS ETF USD Acc",
    "exchange": "GER",
    "country": "DE",
    "assetType": "etf"
  },
  "methodBoundary": "The SM framework classifies the established weekly price path as the Core Trend. Faster and slower Trend views and Sharemaestro context describe that state but do not alter its direction.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "latest_close": 11.478,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 9.15,
    "boundary_margin": 0.254426,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.107722,
    "volatility_stability": 0.3678,
    "risk_context": 0.9283,
    "current_regime": {
      "move": 0.032751,
      "interruption": -0.012834,
      "interruption_label": "Deepest pullback inside regime"
    },
    "research_priority": 93.077,
    "interpretation": {
      "label": "Positive across all Trend views",
      "headline": "All measured Trend views are positive",
      "body": "The faster, intermediate, established and Core Trend views point in the same direction, giving the current regime broad agreement.",
      "age_context": "The current Core Trend remains in its early lifecycle.",
      "boundary_context": "The latest close is 25.4% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-19",
        "close": 11.114,
        "direction_boundary": 8.677,
        "core_momentum": 0.280857,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.100101
      },
      {
        "date": "2026-06-26",
        "close": 11.006,
        "direction_boundary": 8.832,
        "core_momentum": 0.24615,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.102032
      },
      {
        "date": "2026-07-03",
        "close": 11.178,
        "direction_boundary": 8.854,
        "core_momentum": 0.26248,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.103222
      },
      {
        "date": "2026-07-10",
        "close": 11.22,
        "direction_boundary": 8.936,
        "core_momentum": 0.255595,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.099764
      },
      {
        "date": "2026-07-17",
        "close": 11.122,
        "direction_boundary": 9.0,
        "core_momentum": 0.235778,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.101152
      },
      {
        "date": "2026-07-24",
        "close": 11.182,
        "direction_boundary": 9.053,
        "core_momentum": 0.235171,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.097184
      },
      {
        "date": "2026-07-31",
        "close": 11.076,
        "direction_boundary": 8.987,
        "core_momentum": 0.232447,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.098259
      },
      {
        "date": "2026-08-07",
        "close": 11.478,
        "direction_boundary": 9.15,
        "core_momentum": 0.254426,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.107722
      }
    ],
    "price_history": [
      {
        "date": "2025-06-20",
        "close": 8.677,
        "volume": 0
      },
      {
        "date": "2025-06-27",
        "close": 8.832,
        "volume": 0
      },
      {
        "date": "2025-07-04",
        "close": 8.854,
        "volume": 0
      },
      {
        "date": "2025-07-11",
        "close": 8.936,
        "volume": 0
      },
      {
        "date": "2025-07-18",
        "close": 9.0,
        "volume": 1675
      },
      {
        "date": "2025-07-25",
        "close": 9.053,
        "volume": 0
      },
      {
        "date": "2025-08-01",
        "close": 8.987,
        "volume": 0
      },
      {
        "date": "2025-08-08",
        "close": 9.15,
        "volume": 0
      },
      {
        "date": "2025-08-15",
        "close": 9.253,
        "volume": 5
      },
      {
        "date": "2025-08-22",
        "close": 9.309,
        "volume": 13920
      },
      {
        "date": "2025-08-29",
        "close": 9.272,
        "volume": 11610
      },
      {
        "date": "2025-09-05",
        "close": 9.286,
        "volume": 2471
      },
      {
        "date": "2025-09-12",
        "close": 9.454,
        "volume": 2380
      },
      {
        "date": "2025-09-19",
        "close": 9.478,
        "volume": 5035
      },
      {
        "date": "2025-09-26",
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        "volume": 2000
      },
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        "date": "2025-10-03",
        "close": 9.65,
        "volume": 0
      },
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        "date": "2025-10-10",
        "close": 9.543,
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      },
      {
        "date": "2025-10-17",
        "close": 9.502,
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      {
        "date": "2025-10-24",
        "close": 11.333,
        "volume": 0
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        "date": "2025-10-31",
        "close": 9.869,
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      {
        "date": "2025-11-07",
        "close": 9.611,
        "volume": 2979
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      {
        "date": "2025-11-14",
        "close": 9.742,
        "volume": 2008
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      {
        "date": "2025-11-21",
        "close": 9.579,
        "volume": 3152
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      {
        "date": "2025-11-28",
        "close": 9.85,
        "volume": 5391
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        "date": "2025-12-05",
        "close": 9.913,
        "volume": 0
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        "date": "2025-12-12",
        "close": 9.817,
        "volume": 0
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        "date": "2025-12-19",
        "close": 9.892,
        "volume": 7342
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        "date": "2025-12-26",
        "close": 9.926,
        "volume": 20
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      {
        "date": "2026-01-02",
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        "volume": 22192
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        "date": "2026-01-09",
        "close": 10.176,
        "volume": 3931
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        "date": "2026-01-16",
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        "date": "2026-01-23",
        "close": 10.078,
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        "date": "2026-01-30",
        "close": 10.03,
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        "date": "2026-02-06",
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        "date": "2026-02-13",
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        "date": "2026-02-20",
        "close": 10.152,
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        "date": "2026-02-27",
        "close": 10.124,
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      {
        "date": "2026-03-06",
        "close": 10.098,
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        "date": "2026-03-13",
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        "date": "2026-03-20",
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      {
        "date": "2026-03-27",
        "close": 9.605,
        "volume": 13939
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      {
        "date": "2026-04-03",
        "close": 9.865,
        "volume": 1533
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      {
        "date": "2026-04-10",
        "close": 10.11,
        "volume": 501
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      {
        "date": "2026-04-17",
        "close": 10.434,
        "volume": 18374
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      {
        "date": "2026-04-24",
        "close": 10.452,
        "volume": 36600
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      {
        "date": "2026-05-01",
        "close": 10.466,
        "volume": 5672
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      {
        "date": "2026-05-08",
        "close": 10.682,
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      {
        "date": "2026-05-15",
        "close": 10.806,
        "volume": 917443
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      {
        "date": "2026-05-22",
        "close": 10.948,
        "volume": 16486
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      {
        "date": "2026-05-29",
        "close": 11.008,
        "volume": 55631
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      {
        "date": "2026-06-05",
        "close": 10.98,
        "volume": 107
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      {
        "date": "2026-06-12",
        "close": 10.942,
        "volume": 977
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      {
        "date": "2026-06-19",
        "close": 11.114,
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      {
        "date": "2026-06-26",
        "close": 11.006,
        "volume": 2909
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      {
        "date": "2026-07-03",
        "close": 11.178,
        "volume": 0
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      {
        "date": "2026-07-10",
        "close": 11.22,
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        "date": "2026-07-17",
        "close": 11.122,
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        "date": "2026-07-24",
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        "date": "2026-07-31",
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      {
        "date": "2026-08-07",
        "close": 11.478,
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    ],
    "sharemaestro_context": {
      "trend": 10.5402,
      "fair_value": 10.0266,
      "market_activity": 54.621836,
      "market_dynamics": 0.654244,
      "relative_strength": 4.154015
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": 0.00072,
        "directional_follow_through": 1.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.007636,
        "sufficient": false
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        "sample_count": 0,
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        "sufficient": false
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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        "horizon": "Full cycle",
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        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      }
    ],
    "regime_history": [
      {
        "direction": "positive",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.032751
      }
    ]
  }
}