The Hartford Balanced Fund Technical Analysis
| HBLRX Fund | USD 14.06 0.04 0.29% |
As of the 18th of April 2024, Hartford Balanced retains the Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.03), and Standard Deviation of 0.442. Hartford Balanced technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Hartford Balanced, which can be compared to its competitors. Please check out Hartford Balanced mean deviation and maximum drawdown to decide if Hartford Balanced is priced fairly, providing market reflects its last-minute price of 14.06 per share.
Hartford Balanced Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hartford, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HartfordHartford |
Hartford Balanced technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Hartford Balanced Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hartford Balanced volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hartford Balanced Trend Analysis
Use this graph to draw trend lines for The Hartford Balanced. You can use it to identify possible trend reversals for Hartford Balanced as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hartford Balanced price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hartford Balanced Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Hartford Balanced applied against its price change over selected period. The best fit line has a slop of 0.01 , which means The Hartford Balanced will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.15, which is the sum of squared deviations for the predicted Hartford Balanced price change compared to its average price change.About Hartford Balanced Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of The Hartford Balanced on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of The Hartford Balanced based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Hartford Balanced price pattern first instead of the macroeconomic environment surrounding Hartford Balanced. By analyzing Hartford Balanced's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hartford Balanced's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hartford Balanced specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hartford Balanced April 18, 2024 Technical Indicators
Most technical analysis of Hartford help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hartford from various momentum indicators to cycle indicators. When you analyze Hartford charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 0.3379 | |||
| Coefficient Of Variation | (3,146) | |||
| Standard Deviation | 0.442 | |||
| Variance | 0.1953 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 2.08 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.6442 | |||
| Skewness | (0.69) | |||
| Kurtosis | 0.257 |
Hartford Balanced One Year Return
Based on the recorded statements, The Hartford Balanced has an One Year Return of 4.1526%. This is 18.74% lower than that of the Hartford Mutual Funds family and significantly higher than that of the Allocation--30% to 50% Equity category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hartford Balanced. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.