|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 TrendCheck current 30 days Hartford Total correlation with market (DOW)|
β = 0.0802
Hartford Total Return Technical Analysis
Hartford Total Projected Return Density Against MarketGiven 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
Hartford Total Return VolatilityHartford 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.