Hartford Mutual Fund Buy Hold or Sell Recommendation

HRAAX Fund  USD 12.22  0.08  0.66%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Hartford Growth Allocation is 'Buy'. Macroaxis provides Hartford Growth buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HRAAX positions. The advice algorithm takes into account all of Hartford Growth's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Hartford Growth's buy-and-hold perspective. Please check Hartford Growth Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Hartford and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Hartford Growth Allocation.

Execute Hartford Growth Buy or Sell Advice

The Hartford recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hartford Growth Allocation. Macroaxis does not own or have any residual interests in Hartford Growth Allocation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hartford Growth's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Hartford GrowthBuy Hartford Growth
Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Hartford Growth Allocation has a Risk Adjusted Performance of 0.1925, Jensen Alpha of 0.0039, Total Risk Alpha of 7.0E-4, Sortino Ratio of (0.026952) and Treynor Ratio of 0.1864
Our advice tool can cross-verify current analyst consensus on Hartford Growth and to analyze the fund potential to grow in the current economic cycle. Use Hartford Growth price to book, three year return, as well as the relationship between the Three Year Return and equity positions weight to ensure your buy or sell decision on Hartford Growth Allo is adequate.

Hartford Growth Returns Distribution Density

The distribution of Hartford Growth's historical returns is an attempt to chart the uncertainty of Hartford Growth's future price movements. The chart of the probability distribution of Hartford Growth stock daily returns describes the distribution of returns around its average expected value. We use Hartford Growth Allocation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hartford Growth returns is essential to provide solid investment advice for Hartford Growth.
Mean Return0.17Value At Risk-1.41
Potential Upside1.72Standard Deviation0.97
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hartford Growth historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Hartford Growth Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hartford Growth or Hartford Mutual Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hartford Growth's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hartford fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.003944
β
Beta against NYSE Composite0.85
σ
Overall volatility
0.97
Ir
Information ratio -0.02

Hartford Growth Volatility Alert

Hartford Growth Allocation has low volatility with Treynor Ratio of 0.19, Maximum Drawdown of 5.88 and kurtosis of 3.3. However, we advice all investors to further analyze Hartford Growth Allocation to make certain all market information is desiminated and is consistent with the current expectations about Hartford Growth upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hartford Growth's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hartford Growth's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Hartford Growth Fundamentals Vs Peers

Comparing Hartford Growth's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hartford Growth's direct or indirect competition across all of the common fundamentals between Hartford Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hartford Growth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Hartford Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hartford Growth by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hartford Growth to competition
FundamentalsHartford GrowthPeer Average
Price to Earning19.05 X6.53 X
Price to Book2.21 X0.74 X
Price to Sales1.45 X0.61 X
One Year Return2.91 %4.15 %
Three Year Return4.37 %3.60 %
Five Year Return3.33 %3.24 %
Ten Year Return6.99 %1.79 %
Net Asset513.03 M4.11 B
Cash Position Weight5.76 %10.61 %
Equity Positions Weight75.50 %63.90 %
Bond Positions Weight4.98 %11.24 %

About Hartford Growth Buy or Sell Advice

When is the right time to buy or sell Hartford Growth Allocation? Buying financial instruments such as Hartford Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Hartford Growth in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Emerging Markets Thematic Idea Now

Emerging Markets
Emerging Markets Theme
Fund or Etfs that invest in markets of developing countries. The Emerging Markets theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Theme or any other thematic opportunities.
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Please check Hartford Growth Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Hartford Growth Allo price analysis, check to measure Hartford Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Growth is operating at the current time. Most of Hartford Growth's value examination focuses on studying past and present price action to predict the probability of Hartford Growth's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hartford Growth's price. Additionally, you may evaluate how the addition of Hartford Growth to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hartford Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine Hartford Growth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.