Hartford Financial (UK) Market Value
| 0J3H Stock | 112.66 0.32 0.28% |
| Symbol | Hartford |
Hartford Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hartford Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hartford Financial.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Hartford Financial on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Hartford Financial Services or generate 0.0% return on investment in Hartford Financial over 720 days. Hartford Financial is related to or competes with MTI Wireless, Geely Automobile, Porvair Plc, Ryanair Holdings, Charter Communications, and Gamma Communications. More
Hartford Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hartford Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hartford Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.05 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 1.96 |
Hartford Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Financial's standard deviation. In reality, there are many statistical measures that can use Hartford Financial historical prices to predict the future Hartford Financial's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.45) |
Hartford Financial Backtested Returns
Hartford Financial holds Efficiency (Sharpe) Ratio of -0.0571, which attests that the entity had a -0.0571 % return per unit of risk over the last 3 months. Hartford Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Financial's Market Risk Adjusted Performance of (0.44), standard deviation of 1.57, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Financial is expected to be smaller as well. At this point, Hartford Financial has a negative expected return of -0.0896%. Please make sure to check out Hartford Financial's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Hartford Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Hartford Financial Services has average predictability. Overlapping area represents the amount of predictability between Hartford Financial time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hartford Financial price movement. The serial correlation of 0.46 indicates that about 46.0% of current Hartford Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 90.69 |
Hartford Financial lagged returns against current returns
Autocorrelation, which is Hartford Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hartford Financial's stock expected returns. We can calculate the autocorrelation of Hartford Financial returns to help us make a trade decision. For example, suppose you find that Hartford Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hartford Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hartford Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Hartford Financial Lagged Returns
When evaluating Hartford Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Financial stock have on its future price. Hartford Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hartford Financial autocorrelation shows the relationship between Hartford Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Hartford Financial Services.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hartford Stock Analysis
When running Hartford Financial's price analysis, check to measure Hartford Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Financial is operating at the current time. Most of Hartford Financial's value examination focuses on studying past and present price action to predict the probability of Hartford Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Financial's price. Additionally, you may evaluate how the addition of Hartford Financial to your portfolios can decrease your overall portfolio volatility.