Hartford Growth Opportunities Fund Technical Analysis

HGOTX Fund  USD 72.23  0.60  0.84%   
As of the 1st of December, Hartford Growth retains the Risk Adjusted Performance of 0.1212, downside deviation of 1.54, and Market Risk Adjusted Performance of 0.1856. Hartford Growth technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.

Hartford Growth Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hartford, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hartford
  
Hartford Growth's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hartford Growth technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Hartford Growth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hartford Growth trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hartford Growth Oppo Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hartford Growth Oppo volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hartford Growth Oppo Trend Analysis

Use this graph to draw trend lines for Hartford Growth Opportunities. You can use it to identify possible trend reversals for Hartford Growth as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hartford Growth price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hartford Growth Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hartford Growth Opportunities applied against its price change over selected period. The best fit line has a slop of   0.15  , which means Hartford Growth Opportunities will continue generating value for investors. It has 122 observation points and a regression sum of squares at 813.39, which is the sum of squared deviations for the predicted Hartford Growth price change compared to its average price change.

About Hartford Growth Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hartford Growth Opportunities on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hartford Growth Opportunities based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Hartford Growth Oppo price pattern first instead of the macroeconomic environment surrounding Hartford Growth Oppo. By analyzing Hartford Growth's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hartford Growth's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hartford Growth specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hartford Growth December 1, 2024 Technical Indicators

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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hartford Growth Oppo One Year Return

Based on the recorded statements, Hartford Growth Opportunities has an One Year Return of 46.7636%. This is much higher than that of the Hartford Mutual Funds family and significantly higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Other Information on Investing in Hartford Mutual Fund

Hartford Growth 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 Growth security.
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