Hartford Schroders Correlations
| HFDCX Fund | USD 17.78 0.23 1.28% |
The current 90-days correlation between Hartford Schroders and Hartford Schroders Smallmid is 0.03 (i.e., Significant diversification). The correlation of Hartford Schroders 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Hartford Schroders Correlation With Market
Modest diversification
The correlation between Hartford Schroders Smallmid and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hartford Schroders Smallmid and DJI in the same portfolio, assuming nothing else is changed.
Hartford |
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Risk-Adjusted Indicators
There is a big difference between Hartford Mutual Fund performing well and Hartford Schroders Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hartford Schroders' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HFDTX | 0.67 | (0.16) | 0.00 | (0.28) | 0.00 | 1.08 | 7.78 | |||
| HFDYX | 0.66 | (0.16) | 0.00 | (0.28) | 0.00 | 1.10 | 7.81 | |||
| SMDVX | 0.67 | (0.16) | 0.00 | (0.29) | 0.00 | 1.10 | 8.13 | |||
| SEVIX | 0.67 | (0.13) | 0.00 | (0.15) | 0.00 | 0.79 | 13.99 | |||
| SUSYX | 0.67 | (0.12) | 0.00 | (0.15) | 0.00 | 0.79 | 13.88 |