Hartford Total Risk Analysis

Hartford Total Return Bond -- USA Etf  

USD 39.79  0.0731  0.18%

Macroaxis considers Hartford Total to be not too risky. Hartford Total Return holds Efficiency (Sharpe) Ratio of -0.1075 which attests that Hartford Total Return had -0.1075% 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-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hartford Total Market Risk Adjusted Performance of (0.15) and Risk Adjusted Performance of (0.054868) to validate risk estimate we provide.
 Time 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 = 0.3367
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.

Projected Return Density Against Market

Given the investment horizon of 30 days, Hartford Total has beta of 0.3367 . 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 will be expected to be much smaller as well. Additionally, Hartford Total Return Bond has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Hartford Total is -930.3. The daily returns are destributed with a variance of 0.18 and standard deviation of 0.42. The mean deviation of Hartford Total Return Bond is currently at 0.25. For similar time horizon, the selected benchmark (DOW) has volatility of 0.39
α
Alpha over DOW
=0.13
β
Beta against DOW=0.34
σ
Overall volatility
=0.42
Ir
Information ratio =0.79

Actual Return Volatility

Hartford Total Return Bond inherits 0.4198% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 0.3802% 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

Slowly supersedes market

Largest Trends

Hartford Total Largest Period Trend
 39.66 
  
 39.67 
0.01  0.025214%
Lowest period price (30 days)
 40.14 
  
 40.14 
0.00  0.00%
Highest period price (30 days)

Investment Outlook

Hartford Total Investment Opportunity
Hartford Total Return Bond has a volatility of 0.42 and is 1.11 times more volatile than DOW. 3% 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 is lower than 3 (%) of all global equities and portfolios over the last 30 days. Use Hartford Total Return Bond to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of Hartford Total to be traded at $41.78 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

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

Volatility Indicators

Hartford Total Current Risk Indicators