Hartford Multifactor Equity Etf Performance
| ROUS Etf | USD 54.39 0.14 0.26% |
The etf retains a Market Volatility (i.e., Beta) of 0.87, which attests to possible diversification benefits within a given portfolio. Hartford Multifactor returns are very sensitive to returns on the market. As the market goes up or down, Hartford Multifactor is expected to follow.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Hartford Multifactor Equity are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unfluctuating basic indicators, Hartford Multifactor may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | ROUS Hartfords Large-Cap Value ETF Is Well Designed And Well Balanced - Seeking Alpha | 11/18/2024 |
| In Threey Sharp Ratio | 0.37 |
Hartford |
Hartford Multifactor Relative Risk vs. Return Landscape
If you would invest 5,067 in Hartford Multifactor Equity on August 29, 2024 and sell it today you would earn a total of 372.00 from holding Hartford Multifactor Equity or generate 7.34% return on investment over 90 days. Hartford Multifactor Equity is currently generating 0.1134% in daily expected returns and assumes 0.732% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% 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 |
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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 Equity, 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 = 0.1549
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Estimated Market Risk
| 0.73 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hartford Multifactor is performing at about 12% 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.
| Price To Earning | 16.27 X | |||
| Price To Book | 2.27 X | |||
| Price To Sales | 0.85 X | |||
| Total Asset | 333.74 M | |||
About Hartford Multifactor Performance
Assessing Hartford Multifactor's fundamental ratios provides investors with valuable insights into Hartford Multifactor's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hartford Multifactor is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal conditions, the fund will invest at least 80 percent of its assets in securities of the index and in depositary receipts representing securities of the index. Lattice US is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: ROUS Hartfords Large-Cap Value ETF Is Well Designed And Well Balanced - Seeking Alpha | |
| The fund maintains 99.86% of its assets in stocks |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hartford Multifactor Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Hartford Multifactor 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 Multifactor's value that differs from its market value or its book value, called intrinsic value, which is Hartford Multifactor'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 Multifactor's market value can be influenced by many factors that don't directly affect Hartford Multifactor'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 Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Multifactor'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.