Hartford Large Cap Etf Total Asset
| HFGO Etf | USD 23.12 0.16 0.69% |
Hartford Large Cap fundamentals help investors to digest information that contributes to Hartford Large's financial success or failures. It also enables traders to predict the movement of Hartford Etf. The fundamental analysis module provides a way to measure Hartford Large's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hartford Large etf.
Hartford |
Hartford Large Cap ETF Total Asset Analysis
Hartford Large's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Hartford Large Total Asset | 69.36 M |
Most of Hartford Large's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hartford Large Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Hartford Large Cap has a Total Asset of 69.36 M. This is much higher than that of the Hartford Mutual Funds family and significantly higher than that of the Large Growth category. The total asset for all United States etfs is notably lower than that of the firm.
Hartford Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hartford Large's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Hartford Large could also be used in its relative valuation, which is a method of valuing Hartford Large by comparing valuation metrics of similar companies.Hartford Large is currently under evaluation in total asset as compared to similar ETFs.
Fund Asset Allocation for Hartford Large
The fund consists of 97.88% investments in stocks, with the rest of investments allocated between various types of exotic instruments.Asset allocation divides Hartford Large's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Hartford Fundamentals
| Total Asset | 69.36 M | |||
| One Year Return | 44.30 % | |||
| Three Year Return | 7.00 % | |||
| Net Asset | 69.36 M | |||
| Equity Positions Weight | 97.88 % |
About Hartford Large Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hartford Large Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hartford Large using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hartford Large Cap based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hartford Large
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hartford Large position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hartford Large will appreciate offsetting losses from the drop in the long position's value.Moving together with Hartford Etf
| 0.99 | VUG | Vanguard Growth Index | PairCorr |
| 0.99 | IWF | iShares Russell 1000 | PairCorr |
| 0.99 | IVW | iShares SP 500 | PairCorr |
| 0.99 | SPYG | SPDR Portfolio SP | PairCorr |
| 0.99 | IUSG | iShares Core SP | PairCorr |
The ability to find closely correlated positions to Hartford Large could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hartford Large when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hartford Large - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hartford Large Cap to buy it.
The correlation of Hartford Large 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hartford Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hartford Large Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hartford Large can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Hartford Large Piotroski F Score and Hartford Large Altman Z Score analysis. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Hartford Large Cap is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Large's value that differs from its market value or its book value, called intrinsic value, which is Hartford Large's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Large's market value can be influenced by many factors that don't directly affect Hartford Large's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.