The Hartford Floating Fund Manager Performance Evaluation
| HFLYX Fund | USD 7.77 0.01 0.13% |
The fund retains a Market Volatility (i.e., Beta) of -0.004, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Floating are expected to decrease at a much lower rate. During the bear market, Hartford Floating is likely to outperform the market.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in The Hartford Floating are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Hartford Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 0.7900 |
Hartford |
Hartford Floating Relative Risk vs. Return Landscape
If you would invest 764.00 in The Hartford Floating on September 23, 2024 and sell it today you would earn a total of 13.00 from holding The Hartford Floating or generate 1.7% return on investment over 90 days. The Hartford Floating is currently producing 0.026% returns and takes up 0.1154% volatility of returns over 90 trading days. Put another way, 1% of traded mutual funds are less volatile than Hartford, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hartford Floating Current Valuation
Fairly Valued
Today
Please note that Hartford Floating's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hartford Floating retains a regular Real Value of $7.68 per share. The prevalent price of the fund is $7.77. We determine the value of Hartford Floating 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 Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Floating'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 7.77 | Real 7.68 | Hype 7.77 | Naive 7.78 |
The intrinsic value of Hartford Floating'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 Floating'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.
Estimating the potential upside or downside of The Hartford Floating 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 Floating more accurately as focusing exclusively on Hartford Floating's fundamentals will not take into account other important factors: Hartford Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as The Hartford Floating, and traders can use it to determine the average amount a Hartford Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2256
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HFLYX |
Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Hartford Floating is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hartford Floating by adding it to a well-diversified portfolio.
Hartford Floating Fundamentals Growth
Hartford Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hartford Floating, and Hartford Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hartford Mutual Fund performance.
| Total Asset | 41.99 M | ||||
About Hartford Floating Performance
Evaluating Hartford Floating's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hartford Floating has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hartford Floating has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its assets in below-investment-grade variable or floating rate loans and floating rate securities selected by the sub-adviser, Wellington Management Company LLP . The fund may invest up to 25 percent of its net assets in loans of foreign Borrowers and securities of foreign issuers, and up to 10 percent of its net assets in foreign loans or securities that are denominated in a foreign currency.Things to note about Hartford Floating performance evaluation
Checking the ongoing alerts about Hartford Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hartford Floating 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 about 6.12% of its assets under management (AUM) in cash |
- Analyzing Hartford Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hartford Floating's stock is overvalued or undervalued compared to its peers.
- Examining Hartford Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hartford Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hartford Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hartford Floating's mutual fund. These opinions can provide insight into Hartford Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hartford Mutual Fund
Hartford Floating 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 Floating security.
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