Hartford Growth Allocation Fund Net Asset
HRAAX Fund | USD 15.34 0.06 0.39% |
Hartford Growth Allocation fundamentals help investors to digest information that contributes to Hartford Growth's financial success or failures. It also enables traders to predict the movement of Hartford Mutual Fund. The fundamental analysis module provides a way to measure Hartford Growth'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 Growth mutual fund.
Hartford |
Hartford Growth Allocation Mutual Fund Net Asset Analysis
Hartford Growth's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Hartford Growth Net Asset | 514.89 M |
Most of Hartford Growth's fundamental indicators, such as Net 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 Growth Allocation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition |
Based on the recorded statements, Hartford Growth Allocation has a Net Asset of 514.89 M. This is 72.27% lower than that of the Hartford Mutual Funds family and significantly higher than that of the Allocation--70% to 85% Equity category. The net asset for all United States funds is notably lower than that of the firm.
Hartford Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hartford Growth's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Hartford Growth could also be used in its relative valuation, which is a method of valuing Hartford Growth by comparing valuation metrics of similar companies.Hartford Growth is currently under evaluation in net asset among similar funds.
Fund Asset Allocation for Hartford Growth
The fund consists of 75.5% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Hartford Growth'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
Price To Earning | 19.05 X | ||||
Price To Book | 2.21 X | ||||
Price To Sales | 1.45 X | ||||
Total Asset | 475.43 M | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 15.80 % | ||||
One Year Return | 22.66 % | ||||
Three Year Return | 3.61 % | ||||
Five Year Return | 8.10 % | ||||
Ten Year Return | 6.99 % | ||||
Net Asset | 514.89 M | ||||
Cash Position Weight | 5.76 % | ||||
Equity Positions Weight | 75.50 % | ||||
Bond Positions Weight | 4.98 % |
About Hartford Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hartford Growth Allocation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hartford Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hartford Growth Allocation based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
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Hartford Growth 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 Growth security.
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