Hartford Total Return Fund Market Value

HIABX Fund  USD 9.61  0.03  0.31%   
Hartford Total's market value is the price at which a share of Hartford Total trades on a public exchange. It measures the collective expectations of Hartford Total Return investors about its performance. Hartford Total is trading at 9.61 as of the 5th of December 2024; that is 0.31% up since the beginning of the trading day. The fund's open price was 9.58.
With this module, you can estimate the performance of a buy and hold strategy of Hartford Total Return and determine expected loss or profit from investing in Hartford Total over a given investment horizon. Check out Hartford Total Correlation, Hartford Total Volatility and Hartford Total Alpha and Beta module to complement your research on Hartford Total.
Symbol

Please note, there is a significant difference between Hartford Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Total'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 Total '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 Total'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 Total.
0.00
12/16/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/05/2024
0.00
If you would invest  0.00  in Hartford Total on December 16, 2022 and sell it all today you would earn a total of 0.00 from holding Hartford Total Return or generate 0.0% return on investment in Hartford Total over 720 days. Hartford Total is related to or competes with Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, and Hartford Growth. The fund invests at least 80 percent of its assets in bonds that the sub-adviser considers to be attractive from a total... More

Hartford Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.

Hartford Total Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Total's standard deviation. In reality, there are many statistical measures that can use Hartford Total historical prices to predict the future Hartford Total's volatility.
Hype
Prediction
LowEstimatedHigh
9.319.619.91
Details
Intrinsic
Valuation
LowRealHigh
9.089.389.68
Details
Naive
Forecast
LowNextHigh
9.369.669.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.529.579.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hartford Total. Your research has to be compared to or analyzed against Hartford Total's peers to derive any actionable benefits. When done correctly, Hartford Total'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 Total Return.

Hartford Total Return Backtested Returns

Hartford Total Return holds Efficiency (Sharpe) Ratio of -0.0793, which attests that the entity had a -0.0793% return per unit of risk over the last 3 months. Hartford Total Return exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Total's Market Risk Adjusted Performance of 0.488, standard deviation of 0.3037, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of -0.0397, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Total are expected to decrease at a much lower rate. During the bear market, Hartford Total is likely to outperform the market.

Auto-correlation

    
  -0.57  

Good reverse predictability

Hartford Total Return has good reverse predictability. Overlapping area represents the amount of predictability between Hartford Total time series from 16th of December 2022 to 11th of December 2023 and 11th of December 2023 to 5th 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 Total Return price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Hartford Total price fluctuation can be explain by its past prices.
Correlation Coefficient-0.57
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.05

Hartford Total Return lagged returns against current returns

Autocorrelation, which is Hartford Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Hartford Total returns to help us make a trade decision. For example, suppose you find that Hartford Total 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 Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Total 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 Total mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Hartford Total Lagged Returns

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

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Other Information on Investing in Hartford Mutual Fund

Hartford Total 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 Total security.
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