Hartford Financial Return On Asset vs. Market Capitalization
HIG-PG Preferred Stock | 25.14 0.01 0.04% |
For Hartford Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hartford Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Hartford Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hartford Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Hartford Financial over time as well as its relative position and ranking within its peers.
Hartford |
The Hartford Financial Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hartford Financial's current stock value. Our valuation model uses many indicators to compare Hartford Financial value to that of its competitors to determine the firm's financial worth. The Hartford Financial is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in market capitalization category among its peers creating about 912,033,782,201 of Market Capitalization per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hartford Financial's earnings, one of the primary drivers of an investment's value.Hartford Market Capitalization vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Hartford Financial |
| = | 0.0209 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Hartford Financial |
| = | 19.06 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Hartford Market Capitalization vs Competition
The Hartford Financial is one of the top stocks in market capitalization category among its peers. Market capitalization of Insurance-Diversified industry is currently estimated at about 166.24 Billion. Hartford Financial retains roughly 19.06 Billion in market capitalization claiming about 11% of equities under Insurance-Diversified industry.
Hartford Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hartford Financial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hartford Financial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hartford Financial's important profitability drivers and their relationship over time.
Use Hartford Financial in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hartford Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hartford Financial will appreciate offsetting losses from the drop in the long position's value.Hartford Financial Pair Trading
The Hartford Financial Pair Trading Analysis
The ability to find closely correlated positions to Hartford Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hartford Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hartford Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Hartford Financial to buy it.
The correlation of Hartford Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hartford Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Hartford Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hartford Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Hartford Financial position
In addition to having Hartford Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Power Assets Thematic Idea Now
Power Assets
Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system. The Power Assets theme has 49 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Power Assets Theme or any other thematic opportunities.
View All Next | Launch |
Other Information on Investing in Hartford Preferred Stock
To fully project Hartford Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of The Hartford Financial at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hartford Financial's income statement, its balance sheet, and the statement of cash flows.