Hartford Etf Market Value
| HTRB Etf | USD 32.09 0.08 0.25% |
| Symbol | Hartford |
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.
| 10/10/2021 |
| 09/30/2023 |
If you would invest 0.00 in Hartford Total on October 10, 2021 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 Core, Vanguard Total, Vanguard Growth, Vanguard Value, Vanguard Mid, SPDR SP, and Vanguard Total. 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.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 1.73 | |||
| Value At Risk | (0.73) | |||
| Potential Upside | 0.7915 |
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.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.040491) | |||
| Treynor Ratio | (0.42) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Hartford Total in the context of predictive analytics.
Hartford Total Return Backtested Returns
Hartford Total Return holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had -0.11% of return per unit of risk over the last 3 months. Our standpoint towards determining the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Hartford Total Return exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check out Hartford Total Risk Adjusted Performance of (0.08), standard deviation of 0.4021, and Market Risk Adjusted Performance of (0.41) to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.1411, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Total returns are expected to increase less than the market. However, during the bear market, the loss on holding Hartford Total will be expected to be smaller as well. Even though it is essential to pay attention to Hartford Total Return current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any etf's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hartford Total Return exposes fifteen different technical indicators, which can help you to evaluate its performance.
Auto-correlation | -0.51 |
Good reverse predictability
Hartford Total Return has good reverse predictability. Overlapping area represents the amount of predictability between Hartford Total time series from 10th of October 2021 to 5th of October 2022 and 5th of October 2022 to 30th of September 2023. 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 -0.51 indicates that about 51.0% of current Hartford Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
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 etf has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
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 |
| Timeline |
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 |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hartford Total in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hartford Total's short interest history, or implied volatility extrapolated from Hartford Total options trading.
Becoming a Better Investor with Macroaxis
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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.
Complementary Tools for Hartford Etf analysis
When running Hartford Total's price analysis, check to measure Hartford Total's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Total is operating at the current time. Most of Hartford Total's value examination focuses on studying past and present price action to predict the probability of Hartford Total's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hartford Total's price. Additionally, you may evaluate how the addition of Hartford Total to your portfolios can decrease your overall portfolio volatility.
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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.