Hartford Financial Services Stock Market Value
| HIG Stock | USD 120.72 1.08 0.90% |
| Symbol | Hartford |
Hartford Financial Price To Book Ratio
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hartford Financial. If investors know Hartford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hartford Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.225 | Dividend Share 1.88 | Earnings Share 9.96 | Revenue Per Share 87.921 | Quarterly Revenue Growth 0.095 |
The market value of Hartford Financial is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Financial's value that differs from its market value or its book value, called intrinsic value, which is Hartford Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Financial's market value can be influenced by many factors that don't directly affect Hartford Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Hartford Financial on February 4, 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 660 days. Hartford Financial is related to or competes with Goosehead Insurance, International General, Enstar Group, Arch Capital, Aegon NV, Berkshire Hathaway, and Axa Equitable. The Hartford Financial Services Group, Inc 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.
| Downside Deviation | 1.76 | |||
| Information Ratio | 0.0025 | |||
| Maximum Drawdown | 9.07 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 1.94 |
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 | 0.0777 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.002 | |||
| Treynor Ratio | 0.1254 |
Hartford Financial Backtested Returns
At this point, Hartford Financial is very steady. Hartford Financial holds Efficiency (Sharpe) Ratio of 0.0795, which attests that the entity had a 0.0795% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hartford Financial, which you can use to evaluate the volatility of the firm. Please check out Hartford Financial's Risk Adjusted Performance of 0.0777, downside deviation of 1.76, and Market Risk Adjusted Performance of 0.1354 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Hartford Financial has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.99, which attests to possible diversification benefits within a given portfolio. Hartford Financial returns are very sensitive to returns on the market. As the market goes up or down, Hartford Financial is expected to follow. Hartford Financial right now retains a risk of 1.43%. Please check out Hartford Financial expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Hartford Financial will be following its current trending patterns.
Auto-correlation | 0.36 |
Below average predictability
Hartford Financial Services has below average predictability. Overlapping area represents the amount of predictability between Hartford Financial time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Financial price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Hartford Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 115.48 |
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 |
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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 |
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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 |
Currently Active Assets on Macroaxis
When determining whether Hartford Financial is a strong investment it is important to analyze Hartford Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hartford Financial's future performance. For an informed investment choice regarding Hartford Stock, refer to the following important reports:Check out Hartford Financial Correlation, Hartford Financial Volatility and Hartford Financial Alpha and Beta module to complement your research on Hartford Financial. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Hartford Financial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.