The Hartford Emerging Fund Market Value

HLDCX Fund  USD 4.51  0.01  0.22%   
Hartford Emerging's market value is the price at which a share of Hartford Emerging trades on a public exchange. It measures the collective expectations of The Hartford Emerging investors about its performance. Hartford Emerging is trading at 4.51 as of the 25th of December 2024; that is 0.22 percent increase since the beginning of the trading day. The fund's open price was 4.5.
With this module, you can estimate the performance of a buy and hold strategy of The Hartford Emerging and determine expected loss or profit from investing in Hartford Emerging over a given investment horizon. Check out Hartford Emerging Correlation, Hartford Emerging Volatility and Hartford Emerging Alpha and Beta module to complement your research on Hartford Emerging.
Symbol

Please note, there is a significant difference between Hartford Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Emerging'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 Emerging '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 Emerging's mutual fund 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 Emerging.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Hartford Emerging on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding The Hartford Emerging or generate 0.0% return on investment in Hartford Emerging over 30 days. Hartford Emerging is related to or competes with Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, and Hartford Growth. The fund will normally invest at least 80 percent of its assets in local currency-denominated emerging markets debt secu... More

Hartford Emerging 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 Emerging's mutual fund 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 Emerging upside and downside potential and time the market with a certain degree of confidence.

Hartford Emerging Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Emerging's standard deviation. In reality, there are many statistical measures that can use Hartford Emerging historical prices to predict the future Hartford Emerging's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Emerging'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.
Hype
Prediction
LowEstimatedHigh
4.114.514.91
Details
Intrinsic
Valuation
LowRealHigh
4.154.554.95
Details

Hartford Emerging Backtested Returns

Hartford Emerging holds Efficiency (Sharpe) Ratio of -0.31, which attests that the entity had a -0.31% return per unit of risk over the last 3 months. Hartford Emerging exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hartford Emerging's Standard Deviation of 0.405, risk adjusted performance of (0.23), and Market Risk Adjusted Performance of (1.82) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.0651, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Emerging is expected to be smaller as well.

Auto-correlation

    
  -0.39  

Poor reverse predictability

The Hartford Emerging has poor reverse predictability. Overlapping area represents the amount of predictability between Hartford Emerging time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Hartford Emerging price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Hartford Emerging price fluctuation can be explain by its past prices.
Correlation Coefficient-0.39
Spearman Rank Test-0.45
Residual Average0.0
Price Variance0.0

Hartford Emerging lagged returns against current returns

Autocorrelation, which is Hartford Emerging mutual fund'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 Emerging's mutual fund expected returns. We can calculate the autocorrelation of Hartford Emerging returns to help us make a trade decision. For example, suppose you find that Hartford Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund 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 Emerging 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 Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hartford Emerging mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Hartford Emerging Lagged Returns

When evaluating Hartford Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Emerging mutual fund have on its future price. Hartford Emerging 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 Emerging autocorrelation shows the relationship between Hartford Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Emerging.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Hartford Mutual Fund

Hartford Emerging financial ratios help investors to determine whether Hartford Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hartford with respect to the benefits of owning Hartford Emerging security.
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