Hartford Municipal Valuation

HHMIX Fund  USD 8.42  0.01  0.12%   
At this time, the entity appears to be overvalued. The Hartford Municipal retains a regular Real Value of $8.2 per share. The prevalent price of the fund is $8.42. We determine the value of The Hartford Municipal 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.
Overvalued
Today
8.42
Please note that Hartford Municipal's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. The Hartford Municipal retains a regular Real Value of $8.2 per share. The prevalent price of the fund is $8.42. We determine the value of The Hartford Municipal 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 Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Municipal'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  8.42 Real  8.2 Hype  8.42 Naive  8.41
The intrinsic value of Hartford Municipal'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 Municipal'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.
8.20
Real Value
9.26
Upside
Estimating the potential upside or downside of The Hartford Municipal 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 Municipal more accurately as focusing exclusively on Hartford Municipal's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.358.398.43
Details
Hype
Prediction
LowEstimatedHigh
8.248.428.60
Details
Naive
Forecast
LowNext ValueHigh
8.238.418.59
Details

Hartford Municipal Total Value Analysis

The Hartford Municipal is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Hartford Municipal fundamentals before making investing decisions based on enterprise value of the company

Hartford Municipal Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Hartford suggests not a very effective usage of assets in December.

About Hartford Municipal Valuation

Our relative valuation model uses a comparative analysis of Hartford Municipal. We calculate exposure to Hartford Municipal's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Hartford Municipal's related companies.
The fund seeks to achieve its investment objective by investing in investment grade and non-investment grade municipal securities that the sub-adviser considers to be attractive from a yield perspective while considering total return. At least 80 percent of the funds net assets must be invested in municipal securities. The fund may invest up to 20 percent of the funds net assets in non-investment grade municipal securities.

Other Information on Investing in Hartford Mutual Fund

Hartford Municipal 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 Municipal security.
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