Hartford International Price To Earning vs. Three Year Return
IHOAX Fund | USD 18.94 0.24 1.28% |
For Hartford International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hartford International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Hartford International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hartford International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Hartford International over time as well as its relative position and ranking within its peers.
Hartford |
Hartford International Three Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hartford International's current stock value. Our valuation model uses many indicators to compare Hartford International value to that of its competitors to determine the firm's financial worth. The Hartford International is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in three year return among similar funds . The ratio of Price To Earning to Three Year Return for The Hartford International is about 476.38 . 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 International's earnings, one of the primary drivers of an investment's value.Hartford Three Year Return vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Hartford International |
| = | 15.53 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Hartford International |
| = | 0.03 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Hartford Three Year Return Comparison
Hartford International is currently under evaluation in three year return among similar funds.
Hartford International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hartford International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hartford International will eventually generate negative long term returns. The profitability progress is the general direction of Hartford International's change in net profit over the period of time. It can combine multiple indicators of Hartford International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund normally invests at least 65 percent of its net assets in equity securities, including non-dollar securities, of foreign issuers. Hartford International is traded on NASDAQ Exchange in the United States.
Hartford Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hartford International. 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 International 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 International's important profitability drivers and their relationship over time.
Use Hartford International 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 International 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 International will appreciate offsetting losses from the drop in the long position's value.Hartford International Pair Trading
The Hartford International Pair Trading Analysis
The ability to find closely correlated positions to Hartford International 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 International 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 International - 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 International to buy it.
The correlation of Hartford International 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 International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hartford International 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 International 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 International position
In addition to having Hartford International 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 Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 38 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 Heavy Metals Theme or any other thematic opportunities.
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Other Information on Investing in Hartford Mutual Fund
To fully project Hartford International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hartford International 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 International's income statement, its balance sheet, and the statement of cash flows.
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