{
  "ticker": {
    "uuid": "55debcfb-877c-4e73-bdfa-55529cee5c23",
    "symbol": "HQWS",
    "name": "HSBC Plus World Equity Quant Active UCITS ETF USD Acc",
    "exchange": "LSE",
    "country": "GB",
    "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": 9.8355,
    "direction": "positive",
    "state": "Positive across all Trend views",
    "is_fresh": false,
    "is_near_boundary": false,
    "direction_boundary": 7.938,
    "boundary_margin": 0.23904,
    "trend_agreement": "Fully aligned",
    "persistence": "Early",
    "direction_turnover": "Low",
    "annualized_volatility": 0.116272,
    "volatility_stability": 0.2494,
    "risk_context": 0.8601,
    "current_regime": {
      "move": 0.020492,
      "interruption": -0.018884,
      "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 23.9% above the decision boundary.",
      "stability_context": "Recent Core Trend turnover is low."
    },
    "chart_path": [
      {
        "date": "2026-06-19",
        "close": 9.638,
        "direction_boundary": 7.422,
        "core_momentum": 0.298572,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.106059
      },
      {
        "date": "2026-06-26",
        "close": 9.4865,
        "direction_boundary": 7.536,
        "core_momentum": 0.258824,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.109499
      },
      {
        "date": "2026-07-03",
        "close": 9.5685,
        "direction_boundary": 7.6425,
        "core_momentum": 0.252012,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.109128
      },
      {
        "date": "2026-07-10",
        "close": 9.5655,
        "direction_boundary": 7.737,
        "core_momentum": 0.236332,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.105727
      },
      {
        "date": "2026-07-17",
        "close": 9.456,
        "direction_boundary": 7.7995,
        "core_momentum": 0.212385,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.107597
      },
      {
        "date": "2026-07-24",
        "close": 9.539,
        "direction_boundary": 7.9055,
        "core_momentum": 0.206628,
        "direction": "positive",
        "trend_agreement": 0.75,
        "volatility": 0.104676
      },
      {
        "date": "2026-07-31",
        "close": 9.4575,
        "direction_boundary": 7.829,
        "core_momentum": 0.208009,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.105163
      },
      {
        "date": "2026-08-07",
        "close": 9.8355,
        "direction_boundary": 7.938,
        "core_momentum": 0.23904,
        "direction": "positive",
        "trend_agreement": 1.0,
        "volatility": 0.116272
      }
    ],
    "price_history": [
      {
        "date": "2025-06-20",
        "close": 7.422,
        "volume": 0
      },
      {
        "date": "2025-06-27",
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        "volume": 0
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        "volume": 0
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        "date": "2025-07-11",
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        "volume": 0
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        "date": "2025-07-18",
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        "volume": 7010
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        "date": "2025-07-25",
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        "volume": 0
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        "date": "2025-08-01",
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        "date": "2025-08-08",
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        "volume": 0
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        "date": "2025-08-15",
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        "volume": 2310
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        "date": "2025-08-22",
        "close": 8.0555,
        "volume": 0
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        "date": "2025-08-29",
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        "volume": 4600
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        "date": "2025-09-05",
        "close": 8.0515,
        "volume": 0
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        "date": "2025-09-12",
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        "volume": 0
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        "date": "2025-09-19",
        "close": 8.26,
        "volume": 0
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        "date": "2025-09-26",
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        "date": "2025-10-10",
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        "date": "2025-10-17",
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        "date": "2025-10-31",
        "close": 8.6655,
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        "date": "2025-11-07",
        "close": 8.4505,
        "volume": 0
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        "date": "2025-11-14",
        "close": 8.606,
        "volume": 0
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        "date": "2025-11-21",
        "close": 8.405,
        "volume": 0
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        "date": "2025-11-28",
        "close": 8.6365,
        "volume": 0
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        "date": "2025-12-05",
        "close": 8.6585,
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        "date": "2025-12-12",
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        "volume": 5480
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        "date": "2025-12-19",
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        "date": "2025-12-26",
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        "volume": 6904
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        "date": "2026-01-09",
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        "volume": 1000
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        "date": "2026-02-20",
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        "date": "2026-02-27",
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        "date": "2026-03-06",
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        "date": "2026-03-13",
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        "date": "2026-03-20",
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        "date": "2026-03-27",
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      {
        "date": "2026-04-03",
        "close": 8.6095,
        "volume": 0
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        "date": "2026-04-10",
        "close": 8.8095,
        "volume": 0
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      {
        "date": "2026-04-17",
        "close": 9.077,
        "volume": 1140
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      {
        "date": "2026-04-24",
        "close": 9.06,
        "volume": 19075
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      {
        "date": "2026-05-01",
        "close": 9.0915,
        "volume": 1005
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      {
        "date": "2026-05-08",
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      {
        "date": "2026-05-15",
        "close": 9.428,
        "volume": 4994
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      {
        "date": "2026-05-22",
        "close": 9.4425,
        "volume": 0
      },
      {
        "date": "2026-05-29",
        "close": 9.5355,
        "volume": 971
      },
      {
        "date": "2026-06-05",
        "close": 9.475,
        "volume": 0
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      {
        "date": "2026-06-12",
        "close": 9.4465,
        "volume": 0
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      {
        "date": "2026-06-19",
        "close": 9.638,
        "volume": 0
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      {
        "date": "2026-06-26",
        "close": 9.4865,
        "volume": 0
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      {
        "date": "2026-07-03",
        "close": 9.5685,
        "volume": 0
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      {
        "date": "2026-07-10",
        "close": 9.5655,
        "volume": 67498
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      {
        "date": "2026-07-17",
        "close": 9.456,
        "volume": 1431
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      {
        "date": "2026-07-24",
        "close": 9.539,
        "volume": 1000
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        "date": "2026-07-31",
        "close": 9.4575,
        "volume": 5
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      {
        "date": "2026-08-07",
        "close": 9.8355,
        "volume": 1714
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    ],
    "sharemaestro_context": {
      "trend": 9.1131,
      "fair_value": 8.720042,
      "market_activity": 41.917311,
      "market_dynamics": 0.181682,
      "relative_strength": 2.276277
    },
    "historical_outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 1,
        "median_return": -0.018884,
        "directional_follow_through": 0.0,
        "regime_survival": 1.0,
        "conditional_difference": -0.01585,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
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      {
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        "median_return": null,
        "directional_follow_through": null,
        "regime_survival": null,
        "conditional_difference": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "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": 0.020492
      }
    ]
  }
}