The Hartford Total Fund Market Value
| ITBFX Fund | USD 9.05 0.03 0.33% |
| Symbol | Hartford |
Hartford Total '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 Total'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 Total.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Hartford Total on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding The Hartford Total or generate 0.0% return on investment in Hartford Total over 720 days. Hartford Total is related to or competes with Needham Aggressive, Artisan High, Siit High, Vanguard Star, Ab High, and Nuveen High. The fund invests at least 80 percent of its assets in bonds that the sub-adviser considers to be attractive from a total... More
Hartford Total 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 Total'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 The Hartford Total upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.49) | |||
| Maximum Drawdown | 1.31 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.441 |
Hartford Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Total's standard deviation. In reality, there are many statistical measures that can use Hartford Total historical prices to predict the future Hartford Total's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.2662 |
Hartford Total Backtested Returns
Hartford Total holds Efficiency (Sharpe) Ratio of -0.0605, which attests that the entity had a -0.0605% return per unit of risk over the last 3 months. Hartford Total exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Total's Market Risk Adjusted Performance of 0.2762, risk adjusted performance of (0.04), and Standard Deviation of 0.3054 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0797, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Total are expected to decrease at a much lower rate. During the bear market, Hartford Total is likely to outperform the market.
Auto-correlation | -0.56 |
Good reverse predictability
The Hartford Total has good reverse predictability. Overlapping area represents the amount of predictability between Hartford Total time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Total price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Hartford Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Hartford Total lagged returns against current returns
Autocorrelation, which is Hartford Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Hartford Total returns to help us make a trade decision. For example, suppose you find that Hartford Total 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 Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Total 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 Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hartford Total Lagged Returns
When evaluating Hartford Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Total mutual fund have on its future price. Hartford Total 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 Total autocorrelation shows the relationship between Hartford Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Total.
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 Total 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 Total security.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |