Hartford Global Impact Fund Manager Performance Evaluation
| HGXFX Fund | USD 16.04 0.12 0.75% |
The fund retains a Market Volatility (i.e., Beta) of 0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hartford Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Global is expected to be smaller as well.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hartford Global Impact are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Hartford Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6900 |
Hartford |
Hartford Global Relative Risk vs. Return Landscape
If you would invest 1,578 in Hartford Global Impact on August 26, 2024 and sell it today you would earn a total of 26.00 from holding Hartford Global Impact or generate 1.65% return on investment over 90 days. Hartford Global Impact is currently producing 0.0276% returns and takes up 0.713% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Hartford, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hartford Global Current Valuation
Fairly Valued
Today
Please note that Hartford Global's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hartford Global Impact retains a regular Real Value of $15.99 per share. The prevalent price of the fund is $16.04. We determine the value of Hartford Global Impact from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hartford Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 16.04 | Real 15.99 | Hype 16.04 | Naive 15.84 |
The intrinsic value of Hartford Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Hartford Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Hartford Global Impact helps investors to forecast how Hartford mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Hartford Global more accurately as focusing exclusively on Hartford Global's fundamentals will not take into account other important factors: Hartford Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hartford Global Impact, and traders can use it to determine the average amount a Hartford Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0388
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HGXFX |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Hartford Global is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hartford Global by adding it to a well-diversified portfolio.
Hartford Global Fundamentals Growth
Hartford Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hartford Global, and Hartford Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hartford Mutual Fund performance.
| Total Asset | 124.12 M | ||||
About Hartford Global Performance
Evaluating Hartford Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hartford Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hartford Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its objective by investing in equity securities of issuers located throughout the world, including non-dollar securities and securities of emerging market issuers. It may also invest in depositary receipts or other securities that are convertible into securities of foreign issuers and could, at times hold a portion of its assets in cash. Under normal circumstances, the fund will invest at least 40 percent of its net assets in foreign securities or derivative instruments or other investments with exposure to foreign securities of at least three different countries outside the United States.Things to note about Hartford Global Impact performance evaluation
Checking the ongoing alerts about Hartford Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hartford Global Impact help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -1.0% | |
| Hartford Global Impact retains 95.65% of its assets under management (AUM) in equities |
- Analyzing Hartford Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hartford Global's stock is overvalued or undervalued compared to its peers.
- Examining Hartford Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hartford Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hartford Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hartford Global's mutual fund. These opinions can provide insight into Hartford Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hartford Mutual Fund
Hartford Global 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 Global security.
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