Hartford Healthcare Hls Fund Quote
| HBGHX Fund | USD 14.57 0.02 0.14% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Hartford Healthcare is trading at 14.57 as of the 18th of April 2024; that is 0.14 percent up since the beginning of the trading day. The fund's open price was 14.55. Hartford Healthcare has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Hartford Healthcare Hls are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund invests at least 80 percent of its assets in the equity securities of health care-related companies worldwide as selected by the sub-adviser. It will invest in securities of issuers located in a number of different countries throughout the world, one of which may be the United States however, it has no limit on the amount of assets that may be invested in each country. More on Hartford Healthcare Hls
Moving together with Hartford Mutual Fund
| 0.74 | HGOFX | Hartford Growth | PairCorr |
| 0.74 | HGOIX | Hartford Growth | PairCorr |
| 0.74 | HGORX | Hartford Growth | PairCorr |
| 0.74 | HGOSX | Hartford Growth | PairCorr |
| 0.74 | HGOTX | Hartford Growth Oppo | PairCorr |
| 0.74 | HGOVX | Hartford Growth | PairCorr |
| 0.74 | HGOYX | Hartford Growth | PairCorr |
Hartford Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hartford Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Hartford Mutual Funds, Large Growth Funds, Health Funds, Health, Hartford Mutual Funds (View all Sectors) |
| Update Date | 31st of March 2024 |
Hartford Healthcare Hls [HBGHX] is traded in USA and was established 18th of April 2024. Hartford Healthcare is listed under Hartford Mutual Funds category by Fama And French industry classification. The fund is listed under Health category and is part of Hartford Mutual Funds family. This fund currently has accumulated 350.11 M in assets under management (AUM) with no minimum investment requirementsHartford Healthcare Hls is currently producing year-to-date (YTD) return of 1.11% with the current yeild of 0.0%, while the total return for the last 3 years was -0.29%.
Check Hartford Healthcare Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Hartford Healthcare Hls Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Hartford Healthcare Hls Mutual Fund Constituents
| HCA | HCA Holdings | Etf | Health Care |
| SYK | Stryker | Stock | Health Care |
| ILMN | Illumina | Stock | Health Care |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
| PFE | Pfizer Inc | Stock | Health Care |
Hartford Healthcare Target Price Odds Analysis
Based on a normal probability distribution, the odds of Hartford Healthcare jumping above the current price in 90 days from now is under 95%. The Hartford Healthcare Hls probability density function shows the probability of Hartford Healthcare mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Hartford Healthcare has a beta of 0.0626. This usually indicates as returns on the market go up, Hartford Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hartford Healthcare Hls will be expected to be much smaller as well. Additionally, hartford Healthcare Hls has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hartford Healthcare to move above the current price in 90 days from now is under 95 (This Hartford Healthcare Hls probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .
Hartford Healthcare Hls Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Healthcare market risk premium is the additional return an investor will receive from holding Hartford Healthcare long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Healthcare. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hartford Healthcare's alpha and beta are two of the key measurements used to evaluate Hartford Healthcare's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5627 | |||
| Standard Deviation | 0.729 | |||
| Variance | 0.5315 | |||
| Risk Adjusted Performance | (0.02) |
Hartford Healthcare Against Markets
Picking the right benchmark for Hartford Healthcare mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Healthcare mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Healthcare is critical whether you are bullish or bearish towards Hartford Healthcare Hls at a given time. Please also check how Hartford Healthcare's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hartford Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Hartford Mutual Fund?
Before investing in Hartford Healthcare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hartford Healthcare. To buy Hartford Healthcare fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Healthcare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hartford Healthcare fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hartford Healthcare Hls fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hartford Healthcare Hls fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Hartford Healthcare Hls, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Hartford Healthcare Hls?
The danger of trading Hartford Healthcare Hls is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Healthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Healthcare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hartford Healthcare Hls is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hartford Healthcare Hls. 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 rate. Note that the Hartford Healthcare Hls information on this page should be used as a complementary analysis to other Hartford Healthcare'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.