Hartford Inflation Correlations

HIPCX Fund  USD 9.78  0.01  0.10%   
The current 90-days correlation between The Hartford Inflation and Dunham Real Estate is 0.25 (i.e., Modest diversification). The correlation of Hartford Inflation 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 Inflation Correlation With Market

Good diversification

The correlation between The Hartford Inflation and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Hartford Inflation 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 Inflation. 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 main economic indicators.

Moving together with Hartford Mutual Fund

  0.8HGOFX Hartford GrowthPairCorr
  0.79HGOIX Hartford GrowthPairCorr
  0.79HGORX Hartford GrowthPairCorr
  0.8HGOSX Hartford GrowthPairCorr
  0.8HGOTX Hartford Growth OppoPairCorr
  0.8HGOVX Hartford GrowthPairCorr
  0.8HGOYX Hartford GrowthPairCorr
  0.79HGOAX Hartford GrowthPairCorr
  0.78HGOCX Hartford GrowthPairCorr
  0.73HGXAX Hartford Global ImpactPairCorr
  0.73HGXCX Hartford Global ImpactPairCorr
  0.74HGXFX Hartford Global ImpactPairCorr
  0.74HGXIX Hartford Global ImpactPairCorr
  0.73HGXRX Hartford Global ImpactPairCorr
  0.73HGXSX Hartford Global ImpactPairCorr
  0.74HGXTX Hartford Global ImpactPairCorr
  0.74HGXVX Hartford Global ImpactPairCorr
  0.74HGXYX Hartford Global ImpactPairCorr
  0.78HHHCX Hartford SchrodersPairCorr
  0.78HHHFX Hartford SchrodersPairCorr
  0.78HHHRX Hartford SchrodersPairCorr
  0.78HHHSX Hartford SchrodersPairCorr
  0.78HHHTX Hartford SchrodersPairCorr
  0.78HHHYX Hartford SchrodersPairCorr
  0.85HHMAX The Hartford MunicipalPairCorr
  0.84HHMCX The Hartford MunicipalPairCorr
  0.85HHMFX The Hartford MunicipalPairCorr
  0.85HHMIX The Hartford MunicipalPairCorr
  0.85HHMYX The Hartford MunicipalPairCorr
  0.91HIABX Hartford Total ReturnPairCorr
  0.78HIACX Hartford Capital AppPairCorr
  0.8HIADX Hartford Dividend AndPairCorr
  0.69HIBSX Hartford Stock HlsPairCorr
  0.79HIAGX Hartford DisciplinedPairCorr
  0.77HIAOX Hartford InternationalPairCorr
  0.75HIASX Hartford Small PanyPairCorr
  0.78HIBCX Hartford Capital AppPairCorr
  0.71HIMCX Hartford Midcap HlsPairCorr
  0.8HILAX Hartford InternationalPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Hartford Mutual Fund performing well and Hartford Inflation 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 Inflation's 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.