Hartford Growth Three Year Return vs. Price To Sales
| HGORX Fund | USD 59.11 0.87 1.49% |
For Hartford Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hartford Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The Hartford Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hartford Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The Hartford Growth over time as well as its relative position and ranking within its peers.
Hartford |
Hartford Growth Price To Sales vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hartford Growth's current stock value. Our valuation model uses many indicators to compare Hartford Growth value to that of its competitors to determine the firm's financial worth. The Hartford Growth is one of the top funds in three year return among similar funds. It also is one of the top funds in price to sales among similar funds fabricating about 0.30 of Price To Sales per Three Year Return. The ratio of Three Year Return to Price To Sales for The Hartford Growth is roughly 3.36 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hartford Growth's earnings, one of the primary drivers of an investment's value.Hartford Price To Sales vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Hartford Growth |
| = | 9.41 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Hartford Growth |
| = | 2.80 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Hartford Price To Sales Comparison
Hartford Growth is currently under evaluation in price to sales among similar funds.
Hartford Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hartford Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hartford Growth will eventually generate negative long term returns. The profitability progress is the general direction of Hartford Growth's change in net profit over the period of time. It can combine multiple indicators of Hartford Growth, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests primarily in a diversified portfolio of common stocks covering a broad range of industries, companies and market capitalizations that the sub-adviser believes exhibit long-term growth potential. It may invest up to 25 percent of its net assets in foreign issuers and non-dollar securities. The fund may trade securities actively.
Hartford Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hartford Growth. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hartford Growth position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hartford Growth's important profitability drivers and their relationship over time.
Use Hartford Growth in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hartford Growth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hartford Growth will appreciate offsetting losses from the drop in the long position's value.Hartford Growth Pair Trading
The Hartford Growth Pair Trading Analysis
The ability to find closely correlated positions to Hartford Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hartford Growth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hartford Growth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Hartford Growth to buy it.
The correlation of Hartford Growth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hartford Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hartford Growth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hartford Growth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Hartford Growth position
In addition to having Hartford Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Real Estate ETFs Thematic Idea Now
Real Estate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 65 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Hartford Mutual Fund
To fully project Hartford Growth's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hartford Growth at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hartford Growth's income statement, its balance sheet, and the statement of cash flows.
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