Hartford Longevity Economy Etf Performance
| HLGE Etf | USD 30.76 0.11 0.36% |
The etf retains a Market Volatility (i.e., Beta) of 1.0, which attests to a somewhat significant risk relative to the market. Hartford Longevity returns are very sensitive to returns on the market. As the market goes up or down, Hartford Longevity is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Hartford Longevity Economy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Hartford Longevity is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | How To Trade - Stock Traders Daily | 01/21/2025 |
2 | Hartford Longevity Economy ETF declares quarterly distribution of 0.0692 | 03/25/2025 |
| In Threey Sharp Ratio | 0.28 |
Hartford |
Hartford Longevity Relative Risk vs. Return Landscape
If you would invest 3,201 in Hartford Longevity Economy on December 26, 2024 and sell it today you would lose (125.00) from holding Hartford Longevity Economy or give up 3.91% of portfolio value over 90 days. Hartford Longevity Economy is currently does not generate positive expected returns and assumes 1.0133% risk (volatility on return distribution) over the 90 days horizon. In different words, 9% of etfs are less volatile than Hartford, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Hartford Longevity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Longevity's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hartford Longevity Economy, and traders can use it to determine the average amount a Hartford Longevity'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 = -0.0605
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HLGE |
Estimated Market Risk
| 1.01 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hartford Longevity is not performing at its full potential. However, 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 Longevity by adding Hartford Longevity to a well-diversified portfolio.
Hartford Longevity Fundamentals Growth
Hartford Etf prices reflect investors' perceptions of the future prospects and financial health of Hartford Longevity, and Hartford Longevity 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 Etf performance.
| Total Asset | 20.31 M | |||
About Hartford Longevity Performance
By analyzing Hartford Longevity's fundamental ratios, stakeholders can gain valuable insights into Hartford Longevity's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hartford Longevity 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 Longevity has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund generally invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Hartford Longevity is traded on NYSEARCA Exchange in the United States.| Hartford Longevity generated a negative expected return over the last 90 days | |
| Latest headline from seekingalpha.com: Hartford Longevity Economy ETF declares quarterly distribution of 0.0692 | |
| The fund retains all of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Longevity Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Hartford Longevity is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Longevity's value that differs from its market value or its book value, called intrinsic value, which is Hartford Longevity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Longevity's market value can be influenced by many factors that don't directly affect Hartford Longevity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Longevity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Longevity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Longevity'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.