Hartford Financial's market value is the price at which a share of Hartford Financial trades on a public exchange. It measures the collective expectations of The Hartford Financial investors about its performance. Hartford Financial is trading at 519.80 as of the 4th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 519.8. With this module, you can estimate the performance of a buy and hold strategy of The Hartford Financial and determine expected loss or profit from investing in Hartford Financial over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Hartford
Hartford Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hartford Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hartford Financial.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Hartford Financial on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding The Hartford Financial or generate 0.0% return on investment in Hartford Financial over 60 days.
Hartford Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hartford Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Hartford Financial upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Financial's standard deviation. In reality, there are many statistical measures that can use Hartford Financial historical prices to predict the future Hartford Financial's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hartford Financial. Your research has to be compared to or analyzed against Hartford Financial's peers to derive any actionable benefits. When done correctly, Hartford Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in The Hartford Financial.
The Hartford Financial Backtested Returns
At this point, Hartford Financial is very steady. The Hartford Financial holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for The Hartford Financial, which you can use to evaluate the volatility of the firm. Please check out Hartford Financial's Market Risk Adjusted Performance of 0.74, standard deviation of 0.0492, and Risk Adjusted Performance of (0.05) to validate if the risk estimate we provide is consistent with the expected return of 0.0068%. Hartford Financial has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0054, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Financial are expected to decrease at a much lower rate. During the bear market, Hartford Financial is likely to outperform the market. The Hartford Financial right now retains a risk of 0.052%. Please check out Hartford Financial coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and information ratio , to decide if Hartford Financial will be following its current trending patterns.
Auto-correlation
Huge
Perfect predictability
The Hartford Financial has perfect predictability. Overlapping area represents the amount of predictability between Hartford Financial time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Hartford Financial price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Hartford Financial price fluctuation can be explain by its past prices.
Correlation Coefficient
92233.7 T
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.0
The Hartford Financial lagged returns against current returns
Autocorrelation, which is Hartford Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hartford Financial's stock expected returns. We can calculate the autocorrelation of Hartford Financial returns to help us make a trade decision. For example, suppose you find that Hartford Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Hartford Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hartford Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford Financial stock over time.
Current vs Lagged Prices
Timeline
Hartford Financial Lagged Returns
When evaluating Hartford Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Financial stock have on its future price. Hartford Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hartford Financial autocorrelation shows the relationship between Hartford Financial stock current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Financial.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.