Hartford Municipal Short Fund Manager Performance Evaluation
| HMJIX Fund | USD 10.07 0.01 0.1% |
The fund retains a Market Volatility (i.e., Beta) of 0.0124, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Municipal is expected to be smaller as well.
Risk-Adjusted Performance
Strong
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Hartford Municipal Short are ranked lower than 30 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Hartford Municipal 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 | 28th of February 2025 | |
| Expense Ratio | 0.4600 |
Hartford |
Hartford Municipal Relative Risk vs. Return Landscape
If you would invest 995.00 in Hartford Municipal Short on October 31, 2025 and sell it today you would earn a total of 12.00 from holding Hartford Municipal Short or generate 1.21% return on investment over 90 days. Hartford Municipal Short is currently producing 0.02% returns and takes up 0.0514% volatility of returns over 90 trading days. Put another way, 0% 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 Municipal Current Valuation
Fairly Valued
Today
Please note that Hartford Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hartford Municipal Short retains a regular Real Value of $10.06 per share. The prevalent price of the fund is $10.07. We determine the value of Hartford Municipal Short 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 Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Municipal'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 10.07 | Real 10.06 | Hype 10.07 | Naive 10.06 |
The intrinsic value of Hartford Municipal'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 Municipal'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 Municipal Short 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 Municipal more accurately as focusing exclusively on Hartford Municipal's fundamentals will not take into account other important factors: Hartford Municipal Target Price Odds to finish over Current Price
The tendency of Hartford Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 10.07 | 90 days | 10.07 | under 4 |
Based on a normal probability distribution, the odds of Hartford Municipal to move above the current price in 90 days from now is under 4 (This Hartford Municipal Short probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Hartford Municipal has a beta of 0.0124. This usually indicates as returns on the market go up, Hartford Municipal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hartford Municipal Short will be expected to be much smaller as well. Additionally Hartford Municipal Short has an alpha of 0.0089, implying that it can generate a 0.008863 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hartford Municipal Price Density |
| Price |
Predictive Modules for Hartford Municipal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hartford Municipal Short. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Hartford Municipal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hartford Municipal is not an exception. The market had few large corrections towards the Hartford Municipal's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hartford Municipal Short, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hartford Municipal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | -1.08 |
Hartford Municipal Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hartford Municipal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hartford Municipal Short can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 10.22% of its assets under management (AUM) in cash |
Hartford Municipal Fundamentals Growth
Hartford Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hartford Municipal, and Hartford Municipal 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.
| Total Asset | 5.16 M | |||
About Hartford Municipal Performance
Evaluating Hartford Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hartford Municipal 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 Municipal 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 investment seeks to provide current income that is generally exempt from federal income taxes, and long-term total return. Hartford Municipal is traded on NASDAQ Exchange in the United States.Things to note about Hartford Municipal Short performance evaluation
Checking the ongoing alerts about Hartford Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hartford Municipal Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 10.22% of its assets under management (AUM) in cash |
- Analyzing Hartford Municipal'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 Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Hartford Municipal'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 Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hartford Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hartford Municipal's mutual fund. These opinions can provide insight into Hartford Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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