HARTFORD FINL SVCS Statistic Functions Beta

416515AS3   99.99  0.00  0.00%   
HARTFORD statistic functions tool provides the execution environment for running the Beta function and other technical functions against HARTFORD. HARTFORD value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. HARTFORD statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on HARTFORD FINL SVCS correlated with the market. If Beta is less than 0 HARTFORD generally moves in the opposite direction as compared to the market. If HARTFORD Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HARTFORD FINL SVCS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HARTFORD is generally in the same direction as the market. If Beta > 1 HARTFORD moves generally in the same direction as, but more than the movement of the benchmark.

HARTFORD Technical Analysis Modules

Most technical analysis of HARTFORD help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for HARTFORD from various momentum indicators to cycle indicators. When you analyze HARTFORD charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About HARTFORD Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HARTFORD FINL SVCS. We use our internally-developed statistical techniques to arrive at the intrinsic value of HARTFORD FINL SVCS based on widely used predictive technical indicators. In general, we focus on analyzing HARTFORD Bond price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HARTFORD's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of HARTFORD's intrinsic value. In addition to deriving basic predictive indicators for HARTFORD, we also check how macroeconomic factors affect HARTFORD price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
98.6299.99101.36
Details
Intrinsic
Valuation
LowRealHigh
92.6293.99109.99
Details
Naive
Forecast
LowNextHigh
98.5199.88101.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
99.28103.31107.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HARTFORD. Your research has to be compared to or analyzed against HARTFORD's peers to derive any actionable benefits. When done correctly, HARTFORD'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 FINL SVCS.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

HARTFORD FINL SVCS 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 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 will appreciate offsetting losses from the drop in the long position's value.

HARTFORD Pair Trading

HARTFORD FINL SVCS Pair Trading Analysis

The ability to find closely correlated positions to HARTFORD 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 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 - 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 HARTFORD FINL SVCS to buy it.
The correlation of HARTFORD 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HARTFORD FINL SVCS 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 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in HARTFORD Bond

HARTFORD financial ratios help investors to determine whether HARTFORD Bond 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 security.