The Hartford Floating Fund Market Value
| HFLYX Fund | USD 7.70 0.01 0.13% |
| Symbol | Hartford |
Hartford Floating '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 Floating'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 Floating.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Hartford Floating on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding The Hartford Floating or generate 0.0% return on investment in Hartford Floating over 90 days. Hartford Floating is related to or competes with Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, and Hartford Growth. The fund normally invests at least 80 percent of its assets in below-investment-grade variable or floating rate loans an... More
Hartford Floating 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 Floating'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 Floating upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 0.793 | |||
| Value At Risk | (0.13) | |||
| Potential Upside | 0.5384 |
Hartford Floating Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Floating's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Floating's standard deviation. In reality, there are many statistical measures that can use Hartford Floating historical prices to predict the future Hartford Floating's volatility.| Risk Adjusted Performance | 0.3359 | |||
| Jensen Alpha | 0.0477 | |||
| Total Risk Alpha | 0.0338 | |||
| Treynor Ratio | 0.8386 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Floating'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.
Hartford Floating Backtested Returns
At this stage we consider Hartford Mutual Fund to be very steady. Hartford Floating holds Efficiency (Sharpe) Ratio of 0.43, which attests that the entity had a 0.43 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Hartford Floating, which you can use to evaluate the volatility of the entity. Please check out Hartford Floating's Standard Deviation of 0.162, risk adjusted performance of 0.3359, and Market Risk Adjusted Performance of 0.8486 to validate if the risk estimate we provide is consistent with the expected return of 0.0697%. The fund retains a Market Volatility (i.e., Beta) of 0.0674, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Floating's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Floating is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
The Hartford Floating has very good predictability. Overlapping area represents the amount of predictability between Hartford Floating time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. 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 Floating price movement. The serial correlation of 0.84 indicates that around 84.0% of current Hartford Floating price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hartford Floating lagged returns against current returns
Autocorrelation, which is Hartford Floating 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 Floating's mutual fund expected returns. We can calculate the autocorrelation of Hartford Floating returns to help us make a trade decision. For example, suppose you find that Hartford Floating 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 Floating 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 Floating mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hartford Floating 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 Floating mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Hartford Floating Lagged Returns
When evaluating Hartford Floating's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hartford Floating mutual fund have on its future price. Hartford Floating 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 Floating autocorrelation shows the relationship between Hartford Floating mutual fund current value and its past values and can show if there is a momentum factor associated with investing in The Hartford Floating.
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 Floating 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 Floating security.
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