The Hartford Checks Fund Market Value
| HCKRX Fund | USD 10.10 0.04 0.40% |
| Symbol | Hartford |
Hartford Checks '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 Checks' 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 Checks.
| 10/24/2024 |
| 01/22/2025 |
If you would invest 0.00 in Hartford Checks on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding The Hartford Checks or generate 0.0% return on investment in Hartford Checks over 90 days. Hartford Checks is related to or competes with Kinetics Global, Investec Global, Morningstar Global, Gmo Global, Rbc Global, and Legg Mason. The fund invests in a combination of Hartford Funds the Hartford Capital Appreciation Fund, which normally invests at least 65 percent of its net assets in common stocks the Hartford Dividend and Growth Fund, which invests primarily in a portfolio of equity securities that typically have above average dividend yields and the Hartford Total Return Bond ETF, which under normal circumstances invests at least 80 percent of its net assets in bonds. More
Hartford Checks 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 Checks' 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 The Hartford Checks upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.36 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.6796 |
Hartford Checks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Checks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Checks' standard deviation. In reality, there are many statistical measures that can use Hartford Checks historical prices to predict the future Hartford Checks' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.56) |
Hartford Checks Backtested Returns
Hartford Checks holds Efficiency (Sharpe) Ratio of -0.0214, which attests that the entity had a -0.0214 % return per unit of risk over the last 3 months. Hartford Checks exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Checks' Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.55), and Standard Deviation of 0.5383 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0578, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Checks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Checks is expected to be smaller as well.
Auto-correlation | -0.36 |
Poor reverse predictability
The Hartford Checks has poor reverse predictability. Overlapping area represents the amount of predictability between Hartford Checks time series from 24th of October 2024 to 8th of December 2024 and 8th of December 2024 to 22nd 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 Checks price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Hartford Checks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Hartford Checks lagged returns against current returns
Autocorrelation, which is Hartford Checks 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 Checks' mutual fund expected returns. We can calculate the autocorrelation of Hartford Checks returns to help us make a trade decision. For example, suppose you find that Hartford Checks 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 Checks 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 Checks mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Checks 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 Checks mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hartford Checks Lagged Returns
When evaluating Hartford Checks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Checks mutual fund have on its future price. Hartford Checks 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 Checks autocorrelation shows the relationship between Hartford Checks mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Checks.
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 Checks 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 Checks security.
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