Hartford Midcap Financials
| HFMRX Fund | USD 30.01 0.56 1.83% |
Hartford |
Please note that past performance is not an indicator of the future performance of Hartford Midcap, 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 Midcap Fund Summary
Hartford Midcap competes with The Hartford, The Hartford, The Hartford, Hartford Growth, and Hartford Growth. The fund invests at least 80 percent of its assets in common stocks of mid-capitalization companies. The sub-adviser defines mid-capitalization companies as companies with market capitalizations within the collective range of the Russell Midcap and SP MidCap 400 Indices.Specialization | Mid-Cap Growth, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US41664M8626 |
| Business Address | HARTFORD MUTUAL FUNDS |
| Mutual Fund Family | Hartford Mutual Funds |
| Mutual Fund Category | Mid-Cap Growth |
| 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 Midcap's current stock value. Our valuation model uses many indicators to compare Hartford Midcap value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hartford Midcap competition to find correlations between indicators driving Hartford Midcap's intrinsic value. More Info.The Hartford Midcap 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 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for The Hartford Midcap is roughly 7.95 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hartford Midcap by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hartford Midcap'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 Midcap's earnings, one of the primary drivers of an investment's value.Hartford Midcap Systematic Risk
Hartford Midcap's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hartford Midcap 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Hartford Midcap correlated with the market. If Beta is less than 0 Hartford Midcap generally moves in the opposite direction as compared to the market. If Hartford Midcap Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hartford Midcap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hartford Midcap is generally in the same direction as the market. If Beta > 1 Hartford Midcap moves generally in the same direction as, but more than the movement of the benchmark.
Hartford Midcap April 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hartford Midcap help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Hartford Midcap. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Hartford Midcap 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 Midcap's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.89 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.39 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hartford Midcap. 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 metropolitan statistical area. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.