Hartford Healthcare Hls Fund Manager Performance Evaluation
| HBGHX Fund | USD 15.30 0.05 0.33% |
The fund retains a Market Volatility (i.e., Beta) of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hartford Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Healthcare is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Hartford Healthcare Hls has generated negative risk-adjusted returns adding no value to fund investors. In spite of latest weak performance, the Fund's technical indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the fund investors.
...more| Expense Ratio | 1.1700 |
Hartford |
Hartford Healthcare Relative Risk vs. Return Landscape
If you would invest 1,638 in Hartford Healthcare Hls on September 5, 2024 and sell it today you would lose (108.00) from holding Hartford Healthcare Hls or give up 6.59% of portfolio value over 90 days. Hartford Healthcare Hls is currently producing negative expected returns and takes up 0.7905% volatility of returns over 90 trading days. Put another way, 7% 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. Expected Return |
| Risk |
Hartford Healthcare Current Valuation
Fairly Valued
Today
Please note that Hartford Healthcare's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hartford Healthcare Hls retains a regular Real Value of $15.37 per share. The prevalent price of the fund is $15.3. We determine the value of Hartford Healthcare Hls from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hartford Healthcare is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Healthcare'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. | Historical | Market 15.3 | Real 15.37 | Hype 15.3 | Naive 15.78 |
The intrinsic value of Hartford Healthcare's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Hartford Healthcare's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Hartford Healthcare Hls 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 Healthcare more accurately as focusing exclusively on Hartford Healthcare's fundamentals will not take into account other important factors: Hartford Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hartford Healthcare Hls, and traders can use it to determine the average amount a Hartford Healthcare'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 = -0.133
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBGHX |
Estimated Market Risk
| 0.79 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hartford Healthcare is not performing at its full potential. However, 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 Healthcare by adding Hartford Healthcare to a well-diversified portfolio.
Hartford Healthcare Fundamentals Growth
Hartford Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hartford Healthcare, and Hartford Healthcare 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 Hartford Mutual Fund performance.
| Price To Earning | 3.27 X | ||||
| Price To Book | 2.51 X | ||||
| Price To Sales | 1.47 X | ||||
| Total Asset | 205.54 M | ||||
About Hartford Healthcare Performance
Evaluating Hartford Healthcare's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hartford Healthcare has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hartford Healthcare has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in the equity securities of health care-related companies worldwide as selected by the sub-adviser. It will invest in securities of issuers located in a number of different countries throughout the world, one of which may be the United States however, it has no limit on the amount of assets that may be invested in each country. The fund may invest in securities of companies of any market capitalization.Things to note about Hartford Healthcare Hls performance evaluation
Checking the ongoing alerts about Hartford Healthcare for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hartford Healthcare Hls help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hartford Healthcare generated a negative expected return over the last 90 days | |
| The fund retains 97.08% of its assets under management (AUM) in equities |
- Analyzing Hartford Healthcare's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hartford Healthcare's stock is overvalued or undervalued compared to its peers.
- Examining Hartford Healthcare's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hartford Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hartford Healthcare's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hartford Healthcare's mutual fund. These opinions can provide insight into Hartford Healthcare's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hartford Mutual Fund
Hartford Healthcare 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 Healthcare security.
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