Hartford E Equity Fund Market Value

HAIAX Fund  USD 53.28  0.52  0.99%   
Hartford E's market value is the price at which a share of Hartford E trades on a public exchange. It measures the collective expectations of Hartford E Equity investors about its performance. Hartford E is trading at 53.28 as of the 22nd of December 2024; that is 0.99% up since the beginning of the trading day. The fund's open price was 52.76.
With this module, you can estimate the performance of a buy and hold strategy of Hartford E Equity and determine expected loss or profit from investing in Hartford E over a given investment horizon. Check out Hartford E Correlation, Hartford E Volatility and Hartford E Alpha and Beta module to complement your research on Hartford E.
Symbol

Please note, there is a significant difference between Hartford E's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford E is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford E'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.

Hartford E '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 E's mutual fund 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 E.
0.00
10/23/2024
No Change 0.00  0.0 
In 2 months and 2 days
12/22/2024
0.00
If you would invest  0.00  in Hartford E on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Hartford E Equity or generate 0.0% return on investment in Hartford E over 60 days. Hartford E is related to or competes with Hartford Dividend, Hartford Midcap, Hartford Balanced, Hartford International, and Hartford Small. Under normal circumstances, the fund invests at least 80 percent of its assets in common stocks More

Hartford E 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 E's mutual fund 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 Hartford E Equity upside and downside potential and time the market with a certain degree of confidence.

Hartford E Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford E's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford E's standard deviation. In reality, there are many statistical measures that can use Hartford E historical prices to predict the future Hartford E's volatility.
Hype
Prediction
LowEstimatedHigh
52.1553.2854.41
Details
Intrinsic
Valuation
LowRealHigh
52.7753.9055.03
Details
Naive
Forecast
LowNextHigh
49.9851.1152.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
51.5856.2760.97
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hartford E. Your research has to be compared to or analyzed against Hartford E's peers to derive any actionable benefits. When done correctly, Hartford E'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 Hartford E Equity.

Hartford E Equity Backtested Returns

Hartford E Equity holds Efficiency (Sharpe) Ratio of -0.0484, which attests that the entity had a -0.0484% return per unit of risk over the last 3 months. Hartford E Equity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford E's Market Risk Adjusted Performance of (0.07), standard deviation of 1.12, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hartford E's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford E is expected to be smaller as well.

Auto-correlation

    
  -0.66  

Very good reverse predictability

Hartford E Equity has very good reverse predictability. Overlapping area represents the amount of predictability between Hartford E time series from 23rd of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hartford E Equity price movement. The serial correlation of -0.66 indicates that around 66.0% of current Hartford E price fluctuation can be explain by its past prices.
Correlation Coefficient-0.66
Spearman Rank Test-0.59
Residual Average0.0
Price Variance5.33

Hartford E Equity lagged returns against current returns

Autocorrelation, which is Hartford E mutual fund'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 E's mutual fund expected returns. We can calculate the autocorrelation of Hartford E returns to help us make a trade decision. For example, suppose you find that Hartford E has exhibited high autocorrelation historically, and you observe that the mutual fund 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 E 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 E mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford E mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford E mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Hartford E Lagged Returns

When evaluating Hartford E's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford E mutual fund have on its future price. Hartford E 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 E autocorrelation shows the relationship between Hartford E mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Hartford E Equity.
   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.

Other Information on Investing in Hartford Mutual Fund

Hartford E 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 E security.
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