Hartford Total Risk Analysis And Volatility Evaluation

HTRB -- USA Etf  

USD 38.92  0.00  0.00%

Macroaxis considers Hartford Total to be not too risky. Hartford Total Return holds Efficiency (Sharpe) Ratio of -0.007 which attests that Hartford Total Return had -0.007% 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-four different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hartford Total Risk Adjusted Performance of 0.01 to validate risk estimate we provide.
 Time Horizon     30 Days    Login   to change

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 0.0 . This indicates unless we do not have required data, the returns on DOW and Hartford Total are completely uncorrelated. Furthermore, Hartford Total Return Bond ETFIt does not look like Hartford Total alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of Hartford Total is -14221.31. The daily returns are destributed with a variance of 0.14 and standard deviation of 0.37. The mean deviation of Hartford Total Return Bond ETF is currently at 0.23. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.37
Ir
Information ratio =0.08

Actual Return Volatility

Hartford Total Return Bond ETF inherits 0.3715% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.4339% 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

Market Insensitive

Investment Outlook

Hartford Total Investment Opportunity
DOW has a standard deviation of returns of 1.43 and is 3.86 times more volatile than Hartford Total Return Bond ETF. 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 ETF is lower than 3 (%) of all global equities and portfolios over the last 30 days.

Volatility Indicators

Hartford Total Current Risk Indicators
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