Hartford Stock Hls Fund Market Value
| HIBSX Fund | USD 106.04 0.15 0.14% |
| Symbol | Hartford |
Hartford Stock '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 Stock'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 Stock.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Hartford Stock on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Hartford Stock Hls or generate 0.0% return on investment in Hartford Stock over 30 days. Hartford Stock is related to or competes with Hartford Growth, The Hartford, The Hartford, The Hartford, Hartford Growth, The Hartford, and Hartford Growth. The fund normally invests at least 80 percent of its assets in equity securities More
Hartford Stock 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 Stock'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 Stock Hls upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5271 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.22 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.8472 |
Hartford Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Stock's standard deviation. In reality, there are many statistical measures that can use Hartford Stock historical prices to predict the future Hartford Stock's volatility.| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 0.0348 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Stock'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 Stock Hls Backtested Returns
At this stage we consider Hartford Mutual Fund to be very steady. Hartford Stock Hls holds Efficiency (Sharpe) Ratio of 0.0498, which attests that the entity had a 0.0498% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hartford Stock Hls, which you can use to evaluate the volatility of the entity. Please check out Hartford Stock's Market Risk Adjusted Performance of 0.0448, risk adjusted performance of 0.0372, and Downside Deviation of 0.5271 to validate if the risk estimate we provide is consistent with the expected return of 0.0268%. The fund retains a Market Volatility (i.e., Beta) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hartford Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Stock is expected to be smaller as well.
Auto-correlation | 0.53 |
Modest predictability
Hartford Stock Hls has modest predictability. Overlapping area represents the amount of predictability between Hartford Stock time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Stock Hls price movement. The serial correlation of 0.53 indicates that about 53.0% of current Hartford Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Hartford Stock Hls lagged returns against current returns
Autocorrelation, which is Hartford Stock 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 Stock's mutual fund expected returns. We can calculate the autocorrelation of Hartford Stock returns to help us make a trade decision. For example, suppose you find that Hartford Stock 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 Stock 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 Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Stock 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 Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hartford Stock Lagged Returns
When evaluating Hartford Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Stock mutual fund have on its future price. Hartford Stock 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 Stock autocorrelation shows the relationship between Hartford Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hartford Stock Hls.
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 Stock 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 Stock security.
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