Hartford Total Return Etf Market Value

HTRB Etf  USD 33.86  0.02  0.06%   
Hartford Total's market value is the price at which a share of Hartford Total trades on a public exchange. It measures the collective expectations of Hartford Total Return investors about its performance. Hartford Total is trading at 33.86 as of the 15th of June 2024, a -0.06 percent down since the beginning of the trading day. The etf's open price was 33.88.
With this module, you can estimate the performance of a buy and hold strategy of Hartford Total Return and determine expected loss or profit from investing in Hartford Total over a given investment horizon. Check out Hartford Total Correlation, Hartford Total Volatility and Hartford Total Alpha and Beta module to complement your research on Hartford Total.

The market value of Hartford Total Return is measured differently than its book value, which is the value of Hartford that is recorded on the company's balance sheet. Investors also form their own opinion of Hartford Total's value that differs from its market value or its book value, called intrinsic value, which is Hartford Total's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hartford Total's market value can be influenced by many factors that don't directly affect Hartford Total's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hartford Total's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Total is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Total's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Hartford Total 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hartford Total's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hartford Total.
No Change 0.00  0.0 
In 1 year 11 months and 22 days
If you would invest  0.00  in Hartford Total on June 26, 2022 and sell it all today you would earn a total of 0.00 from holding Hartford Total Return or generate 0.0% return on investment in Hartford Total over 720 days. Hartford Total is related to or competes with IShares ESG, IShares ESG, IShares ESG, IShares ESG, and IShares ESG. The fund invests at least 80 percent of its net assets in bonds that the sub-adviser considers to be attractive from a t... More

Hartford Total Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hartford Total's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hartford Total Return upside and downside potential and time the market with a certain degree of confidence.

Hartford Total Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Total's standard deviation. In reality, there are many statistical measures that can use Hartford Total historical prices to predict the future Hartford Total's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Total's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Band Projection (param)
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Hartford Total Return Backtested Returns

We consider Hartford Total very steady. Hartford Total Return holds Efficiency (Sharpe) Ratio of 0.0895, which attests that the entity had a 0.0895% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hartford Total Return, which you can use to evaluate the volatility of the entity. Please check out Hartford Total's Market Risk Adjusted Performance of 0.0455, risk adjusted performance of 0.0269, and Downside Deviation of 0.4419 to validate if the risk estimate we provide is consistent with the expected return of 0.0349%. The etf retains a Market Volatility (i.e., Beta) of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Total is expected to be smaller as well.



Good predictability

Hartford Total Return has good predictability. Overlapping area represents the amount of predictability between Hartford Total time series from 26th of June 2022 to 21st of June 2023 and 21st of June 2023 to 15th of June 2024. 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 Total Return price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Hartford Total price fluctuation can be explain by its past prices.
Correlation Coefficient0.65
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.78

Hartford Total Return lagged returns against current returns

Autocorrelation, which is Hartford Total etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hartford Total's etf expected returns. We can calculate the autocorrelation of Hartford Total returns to help us make a trade decision. For example, suppose you find that Hartford Total has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   

Hartford Total regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hartford Total etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Total etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford Total etf over time.
   Current vs Lagged Prices   

Hartford Total Lagged Returns

When evaluating Hartford Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Total etf have on its future price. Hartford Total autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hartford Total autocorrelation shows the relationship between Hartford Total etf current value and its past values and can show if there is a momentum factor associated with investing in Hartford Total Return.
   Regressed Prices   

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Hartford Etf

When determining whether Hartford Total Return offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hartford Total's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hartford Total Return Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Hartford Total Return Etf:
Check out Hartford Total Correlation, Hartford Total Volatility and Hartford Total Alpha and Beta module to complement your research on Hartford Total.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Hartford Total technical etf 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, etf market cycles, or different charting patterns.
A focus of Hartford Total technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hartford Total trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...