Hartford Growth Financials
| HRAAX Fund | USD 13.66 0.02 0.15% |
Hartford |
Please note that past performance is not an indicator of the future performance of Hartford Growth, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Hartford Growth Fund Summary
Hartford Growth competes with Alliancebernstein, Pace High, T Rowe, Needham Aggressive, and Artisan High. The fund seeks to meet its investment objective through investment in a combination of other mutual funds and ETFs advised by Hartford Funds Management Company, LLC or a wholly owned subsidiary of the Investment Manager . The underlying funds, include fixed income funds, equity funds and funds that may have exposures to alternative asset classes, including commodities. The Investment Manager anticipates allocating approximately 65-95 percent of the funds total assets to the equity component and approximately 5-35 percent of the funds total assets to the fixed income component.Specialization | Allocation--70% to 85% Equity, Large Blend |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US4166487722 |
| Business Address | HARTFORD MUTUAL FUNDS |
| Mutual Fund Family | Hartford Mutual Funds |
| Mutual Fund Category | Allocation--70% to 85% Equity |
| Benchmark | NYSE Composite |
| Phone | 888 843 7824 |
| Currency | USD - US Dollar |
Hartford Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hartford Growth's current stock value. Our valuation model uses many indicators to compare Hartford Growth value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hartford Growth competition to find correlations between indicators driving Hartford Growth's intrinsic value. More Info.Hartford Growth Allocation is one of the top funds in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Hartford Growth Allocation is roughly 8.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hartford Growth by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hartford Growth's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hartford Growth's earnings, one of the primary drivers of an investment's value.Hartford Growth Allo Systematic Risk
Hartford Growth's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hartford Growth volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Hartford Growth Allo correlated with the market. If Beta is less than 0 Hartford Growth generally moves in the opposite direction as compared to the market. If Hartford Growth Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hartford Growth Allo is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hartford Growth is generally in the same direction as the market. If Beta > 1 Hartford Growth moves generally in the same direction as, but more than the movement of the benchmark.
Hartford Growth April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hartford Growth help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hartford Growth Allocation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hartford Growth Allocation based on widely used predictive technical indicators. In general, we focus on analyzing Hartford Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hartford Growth's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6122 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.64 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 0.9893 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Growth Allocation. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Hartford Growth Allo information on this page should be used as a complementary analysis to other Hartford Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..