Hartford Multifactor Developed Etf Buy Hold or Sell Recommendation
| RODM Etf | USD 29.94 0.35 1.18% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Hartford Multifactor Developed is 'Hold'. The recommendation algorithm takes into account all of Hartford Multifactor's available fundamental, technical, and predictive indicators you will find on this site.
Check out Hartford Multifactor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Hartford and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Hartford Multifactor Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Hartford |
Execute Hartford Multifactor Buy or Sell Advice
The Hartford recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hartford Multifactor Developed. Macroaxis does not own or have any residual interests in Hartford Multifactor Developed or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hartford Multifactor's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Hartford Multifactor Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 63.17 M. Net Loss for the year was (34.23 M) with profit before overhead, payroll, taxes, and interest of 64.94 M. | |
| Hartford Multifactor Developed currently holds about 26.5 M in cash with (8.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81. | |
| Roughly 60.0% of the company outstanding shares are owned by corporate insiders | |
| The fund maintains 99.08% of its assets in stocks |
Hartford Multifactor Returns Distribution Density
The distribution of Hartford Multifactor's historical returns is an attempt to chart the uncertainty of Hartford Multifactor's future price movements. The chart of the probability distribution of Hartford Multifactor daily returns describes the distribution of returns around its average expected value. We use Hartford Multifactor Developed price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hartford Multifactor returns is essential to provide solid investment advice for Hartford Multifactor.
| Mean Return | -0.0015 | Value At Risk | -0.94 | Potential Upside | 1.03 | Standard Deviation | 0.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hartford Multifactor historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hartford Multifactor Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hartford Multifactor or Hartford Mutual Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hartford Multifactor's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hartford etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 0.64 | |
Ir | Information ratio | -0.22 |
Hartford Multifactor Volatility Alert
Hartford Multifactor Developed exhibits very low volatility with skewness of 0.39 and kurtosis of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hartford Multifactor's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hartford Multifactor's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hartford Multifactor Fundamentals Vs Peers
Comparing Hartford Multifactor's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hartford Multifactor's direct or indirect competition across all of the common fundamentals between Hartford Multifactor and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hartford Multifactor or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Hartford Multifactor's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hartford Multifactor by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hartford Multifactor to competition |
| Fundamentals | Hartford Multifactor | Peer Average |
| Price To Earning | 15.08 X | 3.15 X |
| Price To Book | 1.50 X | 0.39 X |
| Price To Sales | 0.88 X | 0.33 X |
| Beta | 0.92 | |
| One Year Return | 17.40 % | (0.97) % |
| Three Year Return | 5.00 % | 3.23 % |
| Five Year Return | 4.50 % | 1.12 % |
| Net Asset | 1.25 B | 2.29 B |
| Last Dividend Paid | 0.41 | 0.14 |
| Equity Positions Weight | 99.08 % | 52.82 % |
Note: Acquisition by Friedman Mark L of 37500 shares of Hartford Multifactor subject to Rule 16b-3 [view details]
Hartford Multifactor Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hartford . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hartford Multifactor Buy or Sell Advice
When is the right time to buy or sell Hartford Multifactor Developed? Buying financial instruments such as Hartford Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Hartford Multifactor 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Check out Hartford Multifactor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
The market value of Hartford Multifactor is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Multifactor's value that differs from its market value or its book value, called intrinsic value, which is Hartford Multifactor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Multifactor's market value can be influenced by many factors that don't directly affect Hartford Multifactor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Multifactor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.