Hartford Balanced Backtesting

HBLYX -- USA Fund  

USD 15.00  0.01  0.07%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of The Hartford Balanced Income Fu and determine expected loss or profit from investing in Hartford Balanced over given investment horizon. Please also check Hartford Balanced Hype Analysis, Hartford Balanced Correlation, Portfolio Optimization, Hartford Balanced Volatility as well as analyze Hartford Balanced Alpha and Beta and Hartford Balanced Performance.
Horizon     30 Days    Login   to change

Hartford Balanced 'What if' Analysis

August 22, 2019
No Change 0.00  0.0 
In 3 months and 1 day
November 20, 2019
If you would invest  0.00  in Hartford Balanced on August 22, 2019 and sell it all today you would earn a total of 0.00 from holding The Hartford Balanced Income Fu or generate 0.0% return on investment in Hartford Balanced over 90 days. Hartford Balanced is related to or competes with John Hancock, John Hancock, MFS Conservative, MFS Conservative, MFS Conservative, T Rowe, and American Funds. The investment seeks to provide current income with growth of capital as a secondary objective

Hartford Balanced Upside/Downside Indicators

Downside Deviation0.4999
Information Ratio(0.22)
Maximum Drawdown1.63
Value At Risk(0.61)
Potential Upside0.4104

Hartford Balanced Market Premium Indicators

Risk Adjusted Performance0.0722
Jensen Alpha0.0014
Total Risk Alpha(0.015427)
Sortino Ratio(0.14)
Treynor Ratio0.1027

Hartford Balanced Backtested Returns

We consider Hartford Balanced very steady. Hartford Balanced holds Efficiency (Sharpe) Ratio of 0.1058 which attests that the entity had 0.1058% of return per unit of risk over the last 3 months. Our philosophy towards determining volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Hartford Balanced which you can use to evaluate future volatility of the entity. Please check out Hartford Balanced Downside Deviation of 0.4999, Risk Adjusted Performance of 0.0722 and Market Risk Adjusted Performance of 0.1127 to validate if risk estimate we provide are consistent with the epected return of 0.0337%. The fund retains Market Volatility (i.e. Beta) of 0.2659 which attests that as returns on market increase, Hartford Balanced returns are expected to increase less than the market. However during bear market, the loss on holding Hartford Balanced will be expected to be smaller as well. Although it is extremely important to respect Hartford Balanced current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Hartford Balanced technical indicators you can presently evaluate if the expected return of 0.0337% will be sustainable into the future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.52 
correlation synergy

Modest predictability

The Hartford Balanced Income Fu has modest predictability. Overlapping area represents the amount of predictability between Hartford Balanced time series from August 22, 2019 to October 6, 2019 and October 6, 2019 to November 20, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hartford Balanced price movement. The serial correlation of 0.52 indicates that about 52.0% of current Hartford Balanced price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test0.28
Residual Average0.0
Price Variance0.01

Hartford Balanced lagged returns against current returns

 Current and Lagged Values 

Hartford Balanced regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Hartford Balanced Lagged Returns

 Regressed Prices 

Current Sentiment - HBLYX

Hartford Balanced Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in The Hartford Balanced Income Fu. What is your judgment towards investing in The Hartford Balanced Income Fu? Are you bullish or bearish?
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Please also check Hartford Balanced Hype Analysis, Hartford Balanced Correlation, Portfolio Optimization, Hartford Balanced Volatility as well as analyze Hartford Balanced Alpha and Beta and Hartford Balanced Performance. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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