We consider Hartford Schroders not very risky. Hartford Schroders
holds Efficiency (Sharpe) Ratio of 0.0137 which attests that Hartford Schroders
had 0.0137% of return per unit of risk over the last 1 month. 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 Schroders which you can use to evaluate future volatility of the entity. Please check out Hartford Schroders Downside Deviation
of 1.71, Market Risk Adjusted Performance
of 0.7393 and Risk Adjusted Performance
of 0.0942 to validate if risk estimate we provide are consistent with the epected return of 0.0206%. The fund retains Market Volatility (i.e. Beta) of 0.1399 which attests that as returns on market increase, Hartford Schroders returns are expected to increase less than the market. However during bear market, the loss on holding Hartford Schroders will be expected to be smaller as well.. Although it is extremely important to respect Hartford Schroders
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 Schroders technical indicators
you can presently evaluate if the expected return of 0.0206% will be sustainable into the future.
|15 days auto-correlation|| 0.52 |
Hartford Schroders Emerging Mkts Eq Y has modest predictability. Overlapping area represents the amount of predictability between Hartford Schroders time series from October 21, 2018 to November 5, 2018 and November 5, 2018 to November 20, 2018. 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 Schroders price movement. The serial correlation of 0.52 indicates that about 52.0% of current Hartford Schroders price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.02|