HGOAX Mutual Fund Valuation

HGOAX Fund  USD 33.71  0.64  1.86%   
Do you wonder what the value of THE HARTFORD GROWTH is? Calculating the true value of any business is not as easy as it may seem. While the market cap of a public entity, such as THE HARTFORD, is its stock price multiplied by the total number of shares outstanding, calculating THE HARTFORD's enterprise value requires a different approach. It uses THE HARTFORD's balance sheet items such as long-term debt, the book value of the preferred stock, minority interest, and other important financials.
THE HARTFORD GROWTH has a current Real Value of $33.25 per share. The regular price of the fund is $33.71. At this time, the fund appears to be fairly valued. 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.
  
THE HARTFORD Valuation Module provides a unique way to ballpark how much the company is worth today. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. We also take into consideration other essential factors such as THE HARTFORD's management style, its c-level domain expertise and tenure, its overall leadership history as well as current capital structure, and future earnings potential.
Fairly Valued
Today 33.71
Please note that THE HARTFORD's price fluctuation is very steady at this time.
THE HARTFORD GROWTH has a current Real Value of $33.25 per share. The regular price of the fund is $33.71. At this time, the fund appears to be fairly valued. 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.
33.25
Real Value
35.01
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.4731.2334.00
Details
Hype
Prediction
LowEstimated ValueHigh
32.4434.2035.96
Details
Potential
Annual Dividend
LowIncome Per ShareHigh
3.163.994.81
Details

THE HARTFORD Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining THE HARTFORD's current stock value. Our valuation model uses many indicators to compare THE HARTFORD value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across THE HARTFORD competition to find correlations between indicators driving THE HARTFORD's intrinsic value. More Info.
THE HARTFORD GROWTH is one of the top funds in five year return among similar funds. It is one of the top funds in equity positions weight among similar funds making about  7.10  of Equity Positions Weight per Five Year Return. . Comparative valuation analysis is a catch-all model that can be used if you cannot value THE HARTFORD by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for THE HARTFORD's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the THE HARTFORD's earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates THE HARTFORD's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in THE HARTFORD and how it compares across the competition.

About THE HARTFORD Valuation

The fund valuation mechanism determines the current worth of THE HARTFORD GROWTH on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of THE HARTFORD GROWTH. In general, an absolute valuation paradigm, as applied to this mutual fund, attempts to find the value of THE HARTFORD GROWTH based exclusively on its fundamental and basic technical indicators. By analyzing THE HARTFORD's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of THE HARTFORD's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of THE HARTFORD. We calculate exposure to THE HARTFORD's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to THE HARTFORD's related companies.
Fiscal Year End
October
The fund invests primarily in a diversified portfolio of common stocks covering a broad range of industries, companies and market capitalizations that the sub-adviser believes exhibit long-term growth potential. Hartford Growth is traded on NASDAQ Exchange in the United States.

8 Steps to conduct THE HARTFORD's Valuation Analysis

Mutual Fund's valuation is the process of determining the worth of a mutual fund in monetary terms. It estimates a Mutual Fund's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of mutual fund valuation is a single number representing a Mutual Fund's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct THE HARTFORD's valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain THE HARTFORD's financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine THE HARTFORD's revenue streams: Identify THE HARTFORD's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research THE HARTFORD's industry and market trends, including the size of the market, growth rate, and competition.
  • Establish THE HARTFORD's growth potential: Evaluate THE HARTFORD's management, business model, and growth potential.
  • Determine THE HARTFORD's financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Mutual Fund's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate THE HARTFORD's estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the mutual fund being valued. We also recomment to seek professional assistance to ensure accuracy.
THE HARTFORD's stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether THE HARTFORD's value is low or high relative to the company's performance and growth projections. Determining the market value of THE HARTFORD can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of THE HARTFORD represents a small ownership stake in the entity. As a stockholder of HGOAX, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

THE HARTFORD Dividends Analysis For Valuation

Please note that THE HARTFORD has scaled down on payment of dividends at this time.
There are various types of dividends THE HARTFORD can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of HGOAX shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from THE HARTFORD GROWTH directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When HGOAX pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of THE HARTFORD by the value of the dividends paid out.
Please check Risk vs Return Analysis. Note that the THE HARTFORD GROWTH information on this page should be used as a complementary analysis to other THE HARTFORD'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for HGOAX Mutual Fund analysis

When running THE HARTFORD GROWTH price analysis, check to measure THE HARTFORD'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 THE HARTFORD is operating at the current time. Most of THE HARTFORD's value examination focuses on studying past and present price action to predict the probability of THE HARTFORD's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move THE HARTFORD's price. Additionally, you may evaluate how the addition of THE HARTFORD to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Fundamental Analysis
View fundamental data based on most recent published financial statements
Please note, there is a significant difference between THE HARTFORD's value and its price as these two are different measures arrived at by different means. Investors typically determine THE HARTFORD value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THE HARTFORD'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.