Hartford Global Correlations

Hartford Global Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Global Impact. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations    IHGIX + 0.91 HGOAX HGOAX + 0.81 HAIAX IHGIX + 0.79 HAIAX HNCAX + 0.26 HHMAX HNCAX + 0.25 IHGIX HNCAX + 0.07 HAIAX

High negative correlations    HHMAX - 0.36 HGOAX IHGIX - 0.23 HHMAX HHMAX - 0.23 HAIAX

Risk-Adjusted Indicators

There is a big difference between Hartford Mutual Fund performing well and Hartford Global Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hartford Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.