HGOAX Mutual Fund Manager Performance Evaluation

Mutual Funds . USA . 
Fund . THE HARTFORD GROWTH
HGOAX Fund  USD 33.05  0.04  0.12%   
The entity has a beta of 1.1717, which indicates a somewhat significant risk relative to the market. Let's try to break down what HGOAX's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, THE HARTFORD will likely underperform. Although it is important to respect THE HARTFORD GROWTH current price movements, it is better to be realistic regarding the information on the equity's historical returns. The approach towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining THE HARTFORD GROWTH technical indicators, you can now evaluate if the expected return of 0.19% will be sustainable into the future.
  

HGOAX Performance

10 of 100

Compared to the overall equity markets, risk-adjusted returns on investments in THE HARTFORD GROWTH are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, THE HARTFORD may actually be approaching a critical reversion point that can send shares even higher in April 2023.
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Fifty Two Week Low28.08
Fifty Two Week High61.02

THE HARTFORD Relative Risk vs. Return Landscape

If you would invest  2,950  in THE HARTFORD GROWTH on December 27, 2022 and sell it today you would earn a total of  355.00  from holding THE HARTFORD GROWTH or generate 12.03% return on investment over 90 days. THE HARTFORD GROWTH is currently producing 0.1925% returns and takes up 1.3616% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than HGOAX, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon THE HARTFORD is expected to generate 1.43 times more return on investment than the market. However, the company is 1.43 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.03 per unit of risk.

THE HARTFORD Current Valuation

Undervalued
Today 33.05
Please note that THE HARTFORD's price fluctuation is very steady at this time.
THE HARTFORD GROWTH has a current Real Value of $35.65 per share. The regular price of the fund is $33.05. At this time, the fund appears to be undervalued. We determine the value of THE HARTFORD GROWTH from examining fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point future time, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for THE HARTFORD GROWTH is useful when determining the fair value of the HGOAX mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of THE HARTFORD. Since THE HARTFORD is currently traded on the exchange, buyers and sellers on that exchange determine the market value of HGOAX Mutual Fund. However, THE HARTFORD's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
35.65
Real Value
37.01
Upside
Estimating the potential upside or downside of THE HARTFORD GROWTH helps investors to forecast how HGOAX mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of THE HARTFORD more accurately as focusing exclusively on THE HARTFORD's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimated ValueHigh
31.6933.0534.41
Details

THE HARTFORD Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for THE HARTFORD's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as THE HARTFORD GROWTH, and traders can use it to determine the average amount a THE HARTFORD's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1414

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Estimated Market Risk

 1.36
  actual daily
 11 
89% of assets are more volatile
1111

Expected Return

 0.19
  actual daily
 3 
97% of assets have higher returns
33

Risk-Adjusted Return

 0.14
  actual daily
 10 
90% of assets perform better
1010
Based on monthly moving average THE HARTFORD is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of THE HARTFORD by adding it to a well-diversified portfolio.

THE HARTFORD Fundamentals Growth

HGOAX Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of THE HARTFORD, and THE HARTFORD fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on HGOAX Mutual Fund performance.
Price to Earning27.86 X
Price to Book3.22 X
Price to Sales2.80 X
Total Asset4.06 B

About THE HARTFORD Performance

To evaluate THE HARTFORD GROWTH Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when THE HARTFORD generates a 15% return over the last few months, but what if the market is generat
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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