Hartford Multifactor Small Etf Performance
The etf retains a Market Volatility (i.e., Beta) of 0.0293, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Multifactor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Multifactor is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hartford Multifactor Small are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating basic indicators, Hartford Multifactor may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| In Threey Sharp Ratio | 0.30 |
Hartford |
Hartford Multifactor Relative Risk vs. Return Landscape
If you would invest 4,288 in Hartford Multifactor Small on September 16, 2024 and sell it today you would earn a total of 360.00 from holding Hartford Multifactor Small or generate 8.4% return on investment over 90 days. Hartford Multifactor Small is currently generating 0.1319% in daily expected returns and assumes 1.2723% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than Hartford, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Hartford Multifactor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Multifactor's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hartford Multifactor Small, and traders can use it to determine the average amount a Hartford Multifactor'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 = 0.1037
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Estimated Market Risk
| 1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Hartford Multifactor is performing at about 8% 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 Multifactor by adding it to a well-diversified portfolio.
Hartford Multifactor Fundamentals Growth
Hartford Etf prices reflect investors' perceptions of the future prospects and financial health of Hartford Multifactor, and Hartford Multifactor 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 Etf performance.
| Total Asset | 31.03 M | |||
| Hartford Multifactor is not yet fully synchronised with the market data | |
| Hartford Multifactor has some characteristics of a very speculative penny stock | |
| The fund maintains 99.63% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Tools for Hartford Etf
When running Hartford Multifactor's price analysis, check to measure Hartford Multifactor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Multifactor is operating at the current time. Most of Hartford Multifactor's value examination focuses on studying past and present price action to predict the probability of Hartford Multifactor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Multifactor's price. Additionally, you may evaluate how the addition of Hartford Multifactor to your portfolios can decrease your overall portfolio volatility.
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