Hartford Multi Asset Income Fund Manager Performance Evaluation
| HAFIX Fund | USD 9.33 0.00 0.00% |
The fund retains a Market Volatility (i.e., Beta) of -0.0121, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Multi-asset are expected to decrease at a much lower rate. During the bear market, Hartford Multi-asset is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Hartford Multi Asset Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Hartford Multi-asset is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 0.8000 |
Hartford |
Hartford Multi-asset Relative Risk vs. Return Landscape
If you would invest 934.00 in Hartford Multi Asset Income on September 1, 2024 and sell it today you would lose (1.00) from holding Hartford Multi Asset Income or give up 0.11% of portfolio value over 90 days. Hartford Multi Asset Income is currently producing negative expected returns and takes up 0.1763% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Hartford, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hartford Multi-asset Current Valuation
Fairly Valued
Today
Please note that Hartford Multi-asset's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hartford Multi Asset retains a regular Real Value of $9.35 per share. The prevalent price of the fund is $9.33. We determine the value of Hartford Multi Asset from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hartford Multi-asset is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Multi-asset's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.33 | Real 9.35 | Hype 9.33 | Naive 9.32 |
The intrinsic value of Hartford Multi-asset's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Hartford Multi-asset's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Hartford Multi Asset Income helps investors to forecast how Hartford mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Hartford Multi-asset more accurately as focusing exclusively on Hartford Multi-asset's fundamentals will not take into account other important factors: Hartford Multi-asset Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Multi-asset's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hartford Multi Asset Income, and traders can use it to determine the average amount a Hartford Multi-asset's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0088
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HAFIX |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hartford Multi-asset is not performing at its full potential. However, 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 Multi-asset by adding Hartford Multi-asset to a well-diversified portfolio.
Hartford Multi-asset Fundamentals Growth
Hartford Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hartford Multi-asset, and Hartford Multi-asset fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hartford Mutual Fund performance.
| Price To Earning | 14.38 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 0.94 X | ||||
| Total Asset | 8.38 M | ||||
About Hartford Multi-asset Performance
Evaluating Hartford Multi-asset's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hartford Multi-asset has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hartford Multi-asset has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing in a broad range of equity and equity-related securities, debt securities, structured products, derivatives, money market instruments, and other investments. Under normal circumstances, it targets an allocation between 30-50 percent of the funds net assets in equity and equity-related securities and 50-70 percent of the funds net assets in fixed income securities and cash instruments.Things to note about Hartford Multi Asset performance evaluation
Checking the ongoing alerts about Hartford Multi-asset for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hartford Multi Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hartford Multi Asset generated a negative expected return over the last 90 days | |
| The fund retains about 9.18% of its assets under management (AUM) in cash |
- Analyzing Hartford Multi-asset's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hartford Multi-asset's stock is overvalued or undervalued compared to its peers.
- Examining Hartford Multi-asset's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hartford Multi-asset's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hartford Multi-asset's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hartford Multi-asset's mutual fund. These opinions can provide insight into Hartford Multi-asset's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hartford Mutual Fund
Hartford Multi-asset 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 Multi-asset security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |