The Hartford Municipal Fund Price on June 2, 2023
| HHMAX Fund | USD 8.42 0.01 0.12% |
Below is the normalized historical share price chart for The Hartford Municipal extending back to May 31, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hartford Municipal stands at 8.42, as last reported on the 30th of November, with the highest price reaching 8.42 and the lowest price hitting 8.42 during the day.
If you're considering investing in Hartford Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Hartford Mutual Fund to be very steady. The Hartford Municipal holds Efficiency (Sharpe) Ratio of 0.059, which attests that the entity had a 0.059% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for The Hartford Municipal, which you can use to evaluate the volatility of the entity. Please check out Hartford Municipal's Risk Adjusted Performance of 0.0285, downside deviation of 0.343, and Market Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0114%.
Hartford Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Hartford |
Sharpe Ratio = 0.059
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HHMAX |
Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hartford Municipal is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hartford Municipal by adding it to a well-diversified portfolio.
Hartford Municipal Valuation on June 2, 2023
It is possible to determine the worth of Hartford Municipal on a given historical date. On June 2, 2023 Hartford was worth 7.83 at the beginning of the trading date compared to the closed value of 7.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hartford Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Hartford Municipal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hartford Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hartford Municipal's related companies.
| Open | High | Low | Close | Volume | |
| 7.83 | 7.83 | 7.83 | 7.83 | 1.00 | |
06/02/2023 | 7.83 | 7.83 | 7.83 | 7.83 | 1.00 |
| 7.84 | 7.84 | 7.84 | 7.84 | 1.00 |
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Hartford Municipal Trading Date Momentum on June 2, 2023
| On June 05 2023 The Hartford Municipal was traded for 7.84 at the closing time. The highest daily price throughout the period was 7.84 and the lowest price was 7.84 . There was no trading activity during the period 1.0. Lack of trading volume on 06/05/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.13% . The trading price change to current closing price is 0.00% . |
The Hartford Municipal Fundamentals Correlations and Trends
By evaluating Hartford Municipal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hartford Municipal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hartford financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hartford Municipal Mutual Fund history
Hartford Municipal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hartford is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in The Hartford Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hartford Municipal stock prices may prove useful in developing a viable investing in Hartford Municipal
The fund seeks to achieve its investment objective by investing in investment grade and non-investment grade municipal securities that the sub-adviser considers to be attractive from a yield perspective while considering total return. At least 80 percent of the funds net assets must be invested in municipal securities. The fund may invest up to 20 percent of the funds net assets in non-investment grade municipal securities.
Hartford Municipal Mutual Fund Technical Analysis
Hartford Municipal technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Hartford Municipal Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
The Hartford Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hartford Municipal November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Hartford Municipal mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hartford Municipal shares will generate the highest return on investment. By undertsting and applying Hartford Municipal mutual fund market strength indicators, traders can identify The Hartford Municipal entry and exit signals to maximize returns
Hartford Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hartford Municipal's price direction in advance. Along with the technical and fundamental analysis of Hartford Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hartford to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0285 | |||
| Jensen Alpha | 0.0147 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.36) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Hartford Mutual Fund
Hartford Municipal financial ratios help investors to determine whether Hartford Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hartford with respect to the benefits of owning Hartford Municipal security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
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| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |