The Hartford Midcap Fund Probability of Future Mutual Fund Price Finishing Over 36.87

HFMSX Fund  USD 36.87  0.42  1.15%   
Hartford Midcap's future price is the expected price of Hartford Midcap instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of The Hartford Midcap performance during a given time horizon utilizing its historical volatility. Check out Hartford Midcap Backtesting, Portfolio Optimization, Hartford Midcap Correlation, Hartford Midcap Hype Analysis, Hartford Midcap Volatility, Hartford Midcap History as well as Hartford Midcap Performance.
  
Please specify Hartford Midcap's target price for which you would like Hartford Midcap odds to be computed.

Hartford Midcap Target Price Odds to finish over 36.87

The tendency of Hartford Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 36.87 90 days 36.87 
about 1.15
Based on a normal probability distribution, the odds of Hartford Midcap to move above the current price in 90 days from now is about 1.15 (This The Hartford Midcap probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Hartford Midcap has a beta of 0.98. This usually indicates The Hartford Midcap market returns are sensitive to returns on the market. As the market goes up or down, Hartford Midcap is expected to follow. Additionally The Hartford Midcap has an alpha of 0.0779, implying that it can generate a 0.0779 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Hartford Midcap Price Density   
       Price  

Predictive Modules for Hartford Midcap

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hartford Midcap. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Midcap's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
34.6935.5640.56
Details
Intrinsic
Valuation
LowRealHigh
33.1839.1039.97
Details
Naive
Forecast
LowNextHigh
35.9836.8537.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.8936.2436.59
Details

Hartford Midcap Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hartford Midcap is not an exception. The market had few large corrections towards the Hartford Midcap's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold The Hartford Midcap, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hartford Midcap within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.08
β
Beta against Dow Jones0.98
σ
Overall volatility
1.32
Ir
Information ratio 0.08

Hartford Midcap Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hartford Midcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hartford Midcap can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains 99.44% of its assets under management (AUM) in equities

Hartford Midcap Technical Analysis

Hartford Midcap's future price can be derived by breaking down and analyzing its technical indicators over time. Hartford Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Hartford Midcap. In general, you should focus on analyzing Hartford Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Hartford Midcap Predictive Forecast Models

Hartford Midcap's time-series forecasting models is one of many Hartford Midcap's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hartford Midcap's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Hartford Midcap

Checking the ongoing alerts about Hartford Midcap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hartford Midcap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 99.44% of its assets under management (AUM) in equities

Other Information on Investing in Hartford Mutual Fund

Hartford Midcap 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 Midcap security.
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