Hartford Multifactor Small Etf Performance
| ROSC Etf | USD 43.46 0.39 0.89% |
The etf retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hartford Multifactor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Multifactor is expected to be smaller as well.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Hartford Multifactor Small are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Hartford Multifactor is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| In Threey Sharp Ratio | 0.12 |
Hartford |
Hartford Multifactor Relative Risk vs. Return Landscape
If you would invest 4,249 in Hartford Multifactor Small on October 9, 2024 and sell it today you would earn a total of 97.00 from holding Hartford Multifactor Small or generate 2.28% return on investment over 90 days. Hartford Multifactor Small is currently generating 0.046% in daily expected returns and assumes 1.3652% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% 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 |
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Hartford Multifactor Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Multifactor's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Hartford Multifactor Small, and traders can use it to determine the average amount a Hartford Multifactor'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 = 0.0337
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| Negative Returns | ROSC |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hartford Multifactor is performing at about 2% of its full potential. 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 Multifactor by adding it to a well-diversified portfolio.
Hartford Multifactor Fundamentals Growth
Hartford Etf prices reflect investors' perceptions of the future prospects and financial health of Hartford Multifactor, and Hartford Multifactor 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 | 31.03 M | |||
About Hartford Multifactor Performance
By analyzing Hartford Multifactor's fundamental ratios, stakeholders can gain valuable insights into Hartford Multifactor's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hartford Multifactor 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 Multifactor 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 net assets in securities of the index and in depositary receipts representing securities of the index. Hartford Multifactor is traded on NYSEARCA Exchange in the United States.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Hartford Multifactor Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Hartford Multifactor 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 Multifactor's value that differs from its market value or its book value, called intrinsic value, which is Hartford Multifactor'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 Multifactor's market value can be influenced by many factors that don't directly affect Hartford Multifactor'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 Multifactor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Multifactor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Multifactor'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.