Hartford Checks Correlations

Mutual Funds . USA . 
Fund . The Hartford Checks
HCKRX Fund  USD 10.27  0.04  0.39%   
The current 90-days correlation between Hartford Checks and The Hartford Growth is 0.07 (i.e., Significant diversification). The correlation of Hartford Checks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Hartford Checks Correlation With Market

Good diversification

The correlation between The Hartford Checks and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Hartford Checks and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hartford Checks. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Hartford Mutual Fund

  0.98HGOFX Hartford GrowthPairCorr
  0.99HGOIX Hartford GrowthPairCorr
  0.99HGORX Hartford GrowthPairCorr
  0.98HGOSX Hartford GrowthPairCorr
  0.98HGOTX Hartford Growth OppoPairCorr
  0.98HGOVX Hartford GrowthPairCorr
  0.98HGOYX Hartford GrowthPairCorr
  0.99HGOAX Hartford GrowthPairCorr
  0.99HGOCX Hartford GrowthPairCorr
  0.96HGXAX Hartford Global ImpactPairCorr
  0.96HGXCX Hartford Global ImpactPairCorr
  0.97HGXFX Hartford Global ImpactPairCorr
  0.97HGXIX Hartford Global ImpactPairCorr
  0.96HGXRX Hartford Global ImpactPairCorr
  0.96HGXSX Hartford Global ImpactPairCorr
  0.97HGXTX Hartford Global ImpactPairCorr
  0.97HGXVX Hartford Global ImpactPairCorr
  0.97HGXYX Hartford Global ImpactPairCorr
  0.96HHHCX Hartford SchrodersPairCorr
  0.96HHHFX Hartford SchrodersPairCorr
  0.96HHHRX Hartford SchrodersPairCorr
  0.96HHHSX Hartford SchrodersPairCorr
  0.96HHHTX Hartford SchrodersPairCorr
  0.96HHHYX Hartford SchrodersPairCorr
  0.92HHMAX The Hartford MunicipalPairCorr
  0.89HHMCX The Hartford MunicipalPairCorr
  0.93HHMFX The Hartford MunicipalPairCorr
  0.93HHMIX The Hartford MunicipalPairCorr
  0.93HHMYX The Hartford MunicipalPairCorr
  0.75HIABX Hartford Total ReturnPairCorr
  0.98HIACX Hartford Capital AppPairCorr
  0.97HIADX Hartford Dividend AndPairCorr
  0.94HIBSX Hartford Stock HlsPairCorr
  0.98HIAGX Hartford DisciplinedPairCorr
  0.95HIAOX Hartford InternationalPairCorr
  0.95HIASX Hartford Small PanyPairCorr
  0.98HIBCX Hartford Capital AppPairCorr
  0.97HIMCX Hartford Midcap HlsPairCorr
  0.97HILAX Hartford InternationalPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Hartford Mutual Fund performing well and Hartford Checks Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hartford Checks' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
HGOFX  0.82  0.21  0.20  0.34  0.63 
(0.96)
 2.46 
(1.43)
 5.44 
HGOIX  0.82  0.36  0.20 (2.88) 0.64 
(0.95)
 2.45 
(1.42)
 5.45 
HGORX  0.82  0.36  0.20 (2.85) 0.64 
(0.95)
 2.45 
(1.43)
 5.43 
HGOSX  0.82  0.21  0.20  0.34  0.63 
(0.96)
 2.45 
(1.43)
 5.43 
HGOTX  0.82  0.21  0.20  0.34  0.63 
(0.96)
 2.46 
(1.44)
 5.43 
HGOVX  0.82  0.21  0.20  0.34  0.63 
(0.96)
 2.46 
(1.44)
 5.44 
HGOYX  0.82  0.21  0.20  0.34  0.63 
(0.96)
 2.45 
(1.42)
 5.42 
HGOAX  0.82  0.36  0.20 (2.85) 0.64 
(0.95)
 2.45 
(1.43)
 5.43 
HGOCX  0.82  0.36  0.20 (2.82) 0.65 
(0.95)
 2.44 
(1.43)
 5.43 
HGXAX  0.60  0.21  0.08 (2.88) 0.45 
(0.72)
 1.60 
(1.01)
 3.87 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2025 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY