Hartford Aarp Balanced Fund Market Value
| HAFVX Fund | USD 9.31 0.00 0.00% |
| Symbol | Hartford |
Hartford Aarp '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 Aarp's mutual fund 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 Aarp.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Hartford Aarp on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Hartford Aarp Balanced or generate 0.0% return on investment in Hartford Aarp over 30 days. Hartford Aarp is related to or competes with American Funds, Transamerica Cleartrack, Lifestyle, Pro-blend(r) Moderate, Jp Morgan, and Strategic Allocation:. The fund seeks to achieve its investment objective by investing in a broad range of equity and equity-related securities... More
Hartford Aarp 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 Aarp's mutual fund 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 Aarp Balanced upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.82) | |||
| Maximum Drawdown | 0.9634 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.2146 |
Hartford Aarp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Aarp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Aarp's standard deviation. In reality, there are many statistical measures that can use Hartford Aarp historical prices to predict the future Hartford Aarp's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 1.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Aarp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hartford Aarp Balanced Backtested Returns
Hartford Aarp Balanced holds Efficiency (Sharpe) Ratio of -0.0089, which attests that the entity had a -0.0089% return per unit of risk over the last 3 months. Hartford Aarp Balanced exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Aarp's Standard Deviation of 0.1736, market risk adjusted performance of 1.22, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0122, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Aarp are expected to decrease at a much lower rate. During the bear market, Hartford Aarp is likely to outperform the market.
Auto-correlation | 0.00 |
No correlation between past and present
Hartford Aarp Balanced has no correlation between past and present. Overlapping area represents the amount of predictability between Hartford Aarp time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. 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 Aarp Balanced price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hartford Aarp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hartford Aarp Balanced lagged returns against current returns
Autocorrelation, which is Hartford Aarp mutual fund'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 Aarp's mutual fund expected returns. We can calculate the autocorrelation of Hartford Aarp returns to help us make a trade decision. For example, suppose you find that Hartford Aarp has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Aarp 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 Aarp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Aarp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford Aarp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hartford Aarp Lagged Returns
When evaluating Hartford Aarp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Aarp mutual fund have on its future price. Hartford Aarp 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 Aarp autocorrelation shows the relationship between Hartford Aarp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hartford Aarp Balanced.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Hartford Mutual Fund
Hartford Aarp 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 Aarp security.
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