Hartford Financial (Germany) Market Value
| HFF Stock | 105.00 2.00 1.94% |
| Symbol | Hartford |
Hartford Financial '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 Financial's stock 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 Financial.
| 09/25/2024 |
| 12/24/2024 |
If you would invest 0.00 in Hartford Financial on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding The Hartford Financial or generate 0.0% return on investment in Hartford Financial over 90 days. Hartford Financial is related to or competes with Bet-at-home, HomeToGo, JAPAN AIRLINES, KB HOME, INVITATION HOMES, Neinor Homes, and Gol Intelligent. More
Hartford Financial 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 Financial's stock 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 The Hartford Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | 0.0013 | |||
| Maximum Drawdown | 12.24 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.98 |
Hartford Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Financial's standard deviation. In reality, there are many statistical measures that can use Hartford Financial historical prices to predict the future Hartford Financial's volatility.| Risk Adjusted Performance | 0.0221 | |||
| Jensen Alpha | 0.0169 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | 0.0692 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Financial'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.
The Hartford Financial Backtested Returns
Currently, The Hartford Financial is very steady. The Hartford Financial holds Efficiency (Sharpe) Ratio of 0.0213, which attests that the entity had a 0.0213% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for The Hartford Financial, which you can use to evaluate the volatility of the firm. Please check out Hartford Financial's Risk Adjusted Performance of 0.0221, downside deviation of 2.06, and Market Risk Adjusted Performance of 0.0792 to validate if the risk estimate we provide is consistent with the expected return of 0.0354%. Hartford Financial has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.37, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hartford Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Financial is expected to be smaller as well. The Hartford Financial right now retains a risk of 1.66%. Please check out Hartford Financial coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Hartford Financial will be following its current trending patterns.
Auto-correlation | 0.64 |
Good predictability
The Hartford Financial has good predictability. Overlapping area represents the amount of predictability between Hartford Financial time series from 25th of September 2024 to 9th of November 2024 and 9th of November 2024 to 24th of December 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 The Hartford Financial price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Hartford Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 20.27 |
The Hartford Financial lagged returns against current returns
Autocorrelation, which is Hartford Financial stock'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 Financial's stock expected returns. We can calculate the autocorrelation of Hartford Financial returns to help us make a trade decision. For example, suppose you find that Hartford Financial 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hartford Financial 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 Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Hartford Financial Lagged Returns
When evaluating Hartford Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Financial stock have on its future price. Hartford Financial 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 Financial autocorrelation shows the relationship between Hartford Financial stock current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Financial.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hartford Stock Analysis
When running Hartford Financial's price analysis, check to measure Hartford Financial'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 Financial is operating at the current time. Most of Hartford Financial's value examination focuses on studying past and present price action to predict the probability of Hartford Financial'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 Financial's price. Additionally, you may evaluate how the addition of Hartford Financial to your portfolios can decrease your overall portfolio volatility.