The Hartford Correlations
| HILAX Fund | USD 18.39 0.01 0.05% |
The current 90-days correlation between Hartford Interna and Dreyfus Government Cash is -0.1 (i.e., Good diversification). The correlation of The Hartford is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
The |
Moving together with The Mutual Fund
| 0.79 | DOXFX | Dodge Cox International | PairCorr |
| 0.79 | DODFX | Dodge International Stock | PairCorr |
| 0.95 | OAKIX | Oakmark International | PairCorr |
| 0.82 | OAYIX | Oakmark International | PairCorr |
| 0.82 | OAZIX | Oakmark International | PairCorr |
| 0.83 | FINVX | Fidelity Series Inte | PairCorr |
| 0.79 | VTRIX | Vanguard International | PairCorr |
| 0.86 | RRIGX | T Rowe Price | PairCorr |
| 0.77 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.66 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.61 | VZ | Verizon Communications Aggressive Push | PairCorr |
Moving against The Mutual Fund
| 0.69 | LSHAX | Horizon Spin Off Steady Growth | PairCorr |
| 0.69 | LSHUX | Horizon Spin Off Steady Growth | PairCorr |
| 0.41 | RMQAX | Monthly Rebalance | PairCorr |
| 0.41 | RMQHX | Monthly Rebalance | PairCorr |
| 0.33 | SMPIX | Semiconductor Ultrasector | PairCorr |
| 0.78 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.69 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.47 | CSCO | Cisco Systems | PairCorr |
| 0.45 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.33 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.33 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between The Mutual Fund performing well and The Hartford 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 The Hartford'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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DIPXX | 0.03 | 0.01 | 0.00 | (0.30) | 0.00 | 0.00 | 1.01 | |||
| SSAGX | 0.05 | 0.01 | (0.87) | (0.32) | 0.00 | 0.10 | 0.51 | |||
| JGIFX | 0.24 | (0.04) | 0.00 | 0.43 | 0.00 | 0.50 | 1.41 | |||
| AGIVX | 0.09 | 0.00 | (0.56) | 0.23 | 0.00 | 0.29 | 0.72 | |||
| UIGSX | 0.17 | (0.03) | 0.00 | 0.48 | 0.00 | 0.34 | 1.03 | |||
| BIGLX | 0.22 | (0.05) | 0.00 | (0.79) | 0.00 | 0.33 | 1.44 | |||
| RYAQX | 0.59 | 0.11 | 0.05 | 0.49 | 0.44 | 1.52 | 4.05 |