The Hartford Strategic Fund Market Value
| HSNFX Fund | USD 7.83 0.01 0.13% |
| Symbol | Hartford |
Hartford Strategic '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 Strategic'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 Strategic.
| 10/08/2024 |
| 01/06/2025 |
If you would invest 0.00 in Hartford Strategic on October 8, 2024 and sell it all today you would earn a total of 0.00 from holding The Hartford Strategic or generate 0.0% return on investment in Hartford Strategic over 90 days. Hartford Strategic is related to or competes with T Rowe, Baird Midcap, The Hartford, Transamerica Capital, Lifestyle, T Rowe, and Mairs Power. The investment seeks current income and long-term total return More
Hartford Strategic 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 Strategic'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 The Hartford Strategic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 1.77 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.2535 |
Hartford Strategic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Strategic's standard deviation. In reality, there are many statistical measures that can use Hartford Strategic historical prices to predict the future Hartford Strategic's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (1.56) |
The Hartford Strategic Backtested Returns
The Hartford Strategic holds Efficiency (Sharpe) Ratio of -0.0989, which attests that the entity had a -0.0989% return per unit of risk over the last 3 months. The Hartford Strategic exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Strategic's Standard Deviation of 0.245, risk adjusted performance of (0.10), and Market Risk Adjusted Performance of (1.55) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0219, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Strategic is expected to be smaller as well.
Auto-correlation | 0.33 |
Below average predictability
The Hartford Strategic has below average predictability. Overlapping area represents the amount of predictability between Hartford Strategic time series from 8th of October 2024 to 22nd of November 2024 and 22nd of November 2024 to 6th 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 Strategic price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Hartford Strategic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
The Hartford Strategic lagged returns against current returns
Autocorrelation, which is Hartford Strategic 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 Strategic's mutual fund expected returns. We can calculate the autocorrelation of Hartford Strategic returns to help us make a trade decision. For example, suppose you find that Hartford Strategic 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 Strategic 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 Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Strategic 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 Strategic mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hartford Strategic Lagged Returns
When evaluating Hartford Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Strategic mutual fund have on its future price. Hartford Strategic 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 Strategic autocorrelation shows the relationship between Hartford Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Strategic.
Regressed Prices |
| Timeline |
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| BNB | Binance Coin |
Other Information on Investing in Hartford Mutual Fund
Hartford Strategic 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 Strategic security.
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