Hartford Mutual Fund Manager Performance Evaluation

HMVAX -  USA Fund  

USD 16.32  0.06  0.37%

The fund retains a Market Volatility (i.e., Beta) of 1.0503, which attests to a somewhat significant risk relative to the market. Let's try to break down what Hartford's beta means in this case. Hartford Mid returns are very sensitive to returns on the market. As the market goes up or down, Hartford Mid is expected to follow. Even though it is essential to pay attention to Hartford Mid current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any fund'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 Mid exposes twenty-one different technical indicators, which can help you to evaluate its performance.
Hartford Performance
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Over the last 90 days The Hartford Mid has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Hartford Mid is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Hartford Price Channel

Fifty Two Week Low16.11
Fifty Two Week High18.98
Annual Report Expense Ratio1.26%

Hartford Mid Relative Risk vs. Return Landscape

If you would invest  1,721  in The Hartford Mid on February 22, 2022 and sell it today you would lose (89.00)  from holding The Hartford Mid or give up 5.17% of portfolio value over 90 days. The Hartford Mid is currently producing negative expected returns and takes up 1.5385% volatility of returns over 90 trading days. Put another way, 13% of traded mutual funds are less volatile than Hartford, and 99% 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 Hartford Mid is expected to generate 1.16 times more return on investment than the market. However, the company is 1.16 times more volatile than its market benchmark. It trades about -0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Hartford Mid Current Valuation

Fairly Valued
Today 16.32
Please note that Hartford Mid's price fluctuation is very steady at this time.
Hartford Mid retains a regular Real Value of $16.54 per share. The prevalent price of the fund is $16.32. At this time, the entity appears to be fairly valued. We determine the value of Hartford Mid from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued assets and dropping overvalued assets since, at some point, stock prices and their ongoing real values will come together.
Our valuation method for The Hartford Mid is useful when determining the fair value of the Hartford mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Hartford Mid. Since Hartford Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Mid'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.
Real Value
Estimating the potential upside or downside of The Hartford Mid helps investors to forecast how Hartford 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 Hartford Mid more accurately as focusing exclusively on Hartford Mid's fundamentals will not take into account other important factors:
Band Projection (param)
LowerMiddle BandUpper
LowEstimated ValueHigh
Annual Dividend
LowIncome Per ShareHigh

Hartford Mid Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as The Hartford Mid, and traders can use it to determine the average amount a Hartford Mid'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 = -0.0463

Good Returns
Average Returns
Small Returns
Negative ReturnsHMVAX
Estimated Market Risk
  actual daily
 13 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Hartford Mid is performing at about 0% 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 Hartford Mid by adding it to a well-diversified portfolio.

About Hartford Mid Performance

To evaluate Hartford Mid 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 Hartford Mid generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Hartford Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Hartford Mid stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Hartford's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing at least 80 percent of its assets in mid-capitalization companies, focusing on securities that the sub-adviser believes are undervalued in the marketplace. Hartford Mid is traded on NASDAQ Exchange in the United States.

Things to note about Hartford Mid

Checking the ongoing alerts about Hartford Mid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hartford Mid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Hartford Mid Alerts

Equity Alerts and Improvement Suggestions

Hartford Mid generated a negative expected return over the last 90 days
The fund generated three year return of 0.0%
Hartford Mid retains 98.06% of its assets under management (AUM) in equities
Please check Risk vs Return Analysis. Note that the Hartford Mid information on this page should be used as a complementary analysis to other Hartford Mid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Hartford Mid price analysis, check to measure Hartford Mid'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 Mid is operating at the current time. Most of Hartford Mid's value examination focuses on studying past and present price action to predict the probability of Hartford Mid's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hartford Mid's price. Additionally, you may evaluate how the addition of Hartford Mid to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hartford Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine Hartford Mid value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Mid'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.