Hartford Municipal Short Fund Market Value

HMJCX Fund  USD 10.13  0.00  0.00%   
Hartford Municipal's market value is the price at which a share of Hartford Municipal trades on a public exchange. It measures the collective expectations of Hartford Municipal Short investors about its performance. Hartford Municipal is trading at 10.13 as of the 27th of January 2026; that is No Change since the beginning of the trading day. The fund's open price was 10.13.
With this module, you can estimate the performance of a buy and hold strategy of Hartford Municipal Short and determine expected loss or profit from investing in Hartford Municipal over a given investment horizon. Check out Hartford Municipal Correlation, Hartford Municipal Volatility and Hartford Municipal Alpha and Beta module to complement your research on Hartford Municipal.
Symbol

Please note, there is a significant difference between Hartford Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Municipal'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 Municipal '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 Municipal'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 Municipal.
0.00
10/29/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/27/2026
0.00
If you would invest  0.00  in Hartford Municipal on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding Hartford Municipal Short or generate 0.0% return on investment in Hartford Municipal over 90 days. Hartford Municipal is related to or competes with Vanguard Limited, Vanguard Limited, Vanguard Short-term, Vanguard Short-term, Goldman Sachs, Goldman Sachs, and Diversified Municipal. Normally, the fund will invest at least 80 percent of its net assets in municipal securities that pay interest exempt fr... More

Hartford Municipal 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 Municipal'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 Municipal Short upside and downside potential and time the market with a certain degree of confidence.

Hartford Municipal Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Municipal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Municipal's standard deviation. In reality, there are many statistical measures that can use Hartford Municipal historical prices to predict the future Hartford Municipal's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Municipal'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.
Hype
Prediction
LowEstimatedHigh
10.0810.1310.18
Details
Intrinsic
Valuation
LowRealHigh
10.0710.1210.17
Details
Naive
Forecast
LowNextHigh
10.0710.1310.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.0610.1110.15
Details

Hartford Municipal January 27, 2026 Technical Indicators

Hartford Municipal Short Backtested Returns

At this stage we consider HARTFORD Mutual Fund to be very steady. Hartford Municipal Short holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25 % return per unit of risk over the last 3 months. We have found nineteen technical indicators for Hartford Municipal Short, which you can use to evaluate the volatility of the entity. Please check out Hartford Municipal's Standard Deviation of 0.0537, market risk adjusted performance of (0.62), and Risk Adjusted Performance of 0.0377 to validate if the risk estimate we provide is consistent with the expected return of 0.0132%. The fund retains a Market Volatility (i.e., Beta) of -0.0032, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Municipal are expected to decrease at a much lower rate. During the bear market, Hartford Municipal is likely to outperform the market.

Auto-correlation

    
  0.75  

Good predictability

Hartford Municipal Short has good predictability. Overlapping area represents the amount of predictability between Hartford Municipal time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. 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 Municipal Short price movement. The serial correlation of 0.75 indicates that around 75.0% of current Hartford Municipal price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.98
Residual Average0.0
Price Variance0.0

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Other Information on Investing in HARTFORD Mutual Fund

Hartford Municipal 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 Municipal security.
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