Hartford Total Risk Analysis And Volatility Evaluation

HTRB -- USA Etf  

USD 38.99  0.00  0.00%

Macroaxis considers Hartford Total to be not too risky. Hartford Total Return holds Efficiency (Sharpe) Ratio of -0.0992 which attests that Hartford Total Return had -0.0992% of return per unit of risk over the last 1 month. Macroaxis philosophy towards determining risk of any etf is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Hartford Total Return exposes twenty different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hartford Total Coefficient Of Variation of 955.73, Market Risk Adjusted Performance of 0.1322 and Risk Adjusted Performance of 0.0299 to validate risk estimate we provide.
Horizon     30 Days    Login   to change

Hartford Total Market Sensitivity

As returns on market increase, Hartford Total returns are expected to increase less than the market. However during bear market, the loss on holding Hartford Total will be expected to be smaller as well.
One Month Beta |Analyze Hartford Total Return Demand Trend
Check current 30 days Hartford Total correlation with market (DOW)
β = 0.0802
Hartford Total Small BetaHartford Total Return Beta Legend

Hartford Total Return Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Hartford Total Return Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Hartford Total Projected Return Density Against Market

Given the investment horizon of 30 days, Hartford Total has beta of 0.0802 . This indicates as returns on market go up, Hartford Total average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Hartford Total Return Bond ETF will be expected to be much smaller as well. Moreover, Hartford Total Return Bond ETF has an alpha of 0.0024 implying that it can potentially generate 0.0024% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Hartford Total is -1007.89. The daily returns are destributed with a variance of 0.02 and standard deviation of 0.14. The mean deviation of Hartford Total Return Bond ETF is currently at 0.09. For similar time horizon, the selected benchmark (DOW) has volatility of 0.38
α
Alpha over DOW
=0.0024
β
Beta against DOW=0.08
σ
Overall volatility
=0.14
Ir
Information ratio =0.43

Hartford Total Return Volatility

Hartford Total Return Bond ETF inherits 0.1386% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.389% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Hartford Total Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Almost imposible

30 Days Economic Sensitivity

Barely shadows market

Investment Outlook

Hartford Total Investment Opportunity

DOW has a standard deviation of returns of 0.39 and is 2.79 times more volatile than Hartford Total Return Bond ETF. 1% of all equities and portfolios are less risky than Hartford Total. Compared to the overall equity markets, volatility of historical daily returns of Hartford Total Return Bond ETF is lower than 1 (%) of all global equities and portfolios over the last 30 days. Use Hartford Total Return Bond ETF to protect against small markets fluctuations. The etf experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Hartford Total to be traded at $38.6 in 30 days. As returns on market increase, Hartford Total returns are expected to increase less than the market. However during bear market, the loss on holding Hartford Total will be expected to be smaller as well.

Hartford Total correlation with market

Average diversification
Overlapping area represents the amount of risk that can be diversified away by holding Hartford Total Return Bond ETF and equity matching DJI index in the same portfolio.

Hartford Total Volatility Indicators

Hartford Total Return Bond ETF Current Risk Indicators

Please also check Risk vs Return Analysis. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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