Hartford Mutual Fund Buy Hold or Sell Recommendation

HADAX -  USA Fund  

USD 31.08  0.35  1.11%

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Hartford Balanced Hls is 'Sell'. Macroaxis provides Hartford Balanced buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HADAX positions. The advice algorithm takes into account all of Hartford Balanced's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Hartford Balanced's buy-and-hold perspective. Please check Hartford Balanced Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as Hartford and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Hartford Balanced Hls.

Execute Hartford Balanced Buy or Sell Advice

The Hartford recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hartford Balanced Hls. Macroaxis does not own or have any residual interests in Hartford Balanced Hls or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hartford Balanced's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Hartford BalancedBuy Hartford Balanced
Sell

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very SmallDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Hartford Balanced Hls has a Mean Deviation of 0.8114, Standard Deviation of 0.999 and Variance of 0.998
Our investment recommendation module can be used to complement Hartford Balanced Hls trade recommendations provided by average analyst sentiment. It analyzes the entity's potential to grow using fundamental, technical, data market data available at the time. Use Hartford Balanced three year return and cash position weight to ensure your buy or sell decision on Hartford Balanced Hls is adequate.

Hartford Balanced Trading Alerts and Improvement Suggestions

Hartford Balanced generated a negative expected return over the last 90 days
Hartford Balanced is unlikely to experience financial distress in the next 2 years
The fund retains about 28.41% of its assets under management (AUM) in fixed income securities

Hartford Balanced Returns Distribution Density

The distribution of Hartford Balanced's historical returns is an attempt to chart the future uncertainty of Hartford Balanced's future price movements. The chart of the probability distribution of Hartford Balanced stock daily returns describes the distribution of returns around its average expected value. We use Hartford Balanced Hls price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hartford Balanced returns is essential to provide solid investment advice for Hartford Balanced stock.
Mean Return-0.09Value At Risk-2.08
Potential Upside1.44Standard Deviation1.00
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hartford Balanced historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Hartford Balanced Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hartford Balanced or Hartford Mutual Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hartford Balanced stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hartford stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.11
β
Beta against DOW-0.05
σ
Overall volatility
1.01
Ir
Information ratio -0.0011

Hartford Balanced Volatility Alert

Hartford Balanced Hls exhibits very low volatility with skewness of -0.28 and kurtosis of -0.38. However, we advise investors to further study Hartford Balanced Hls technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hartford Balanced's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hartford Balanced's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Hartford Balanced Implied Volatility

Hartford Balanced's implied volatility exposes the market's sentiment of Hartford Balanced Hls stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hartford Balanced's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hartford Balanced stock will not fluctuate a lot when Hartford Balanced's options are near their expiration.

Hartford Balanced Fundamentals Vs Peers

Comparing Hartford Balanced's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hartford Balanced's direct or indirect competition across all of the common fundamentals between Hartford Balanced and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hartford Balanced or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Hartford Balanced's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hartford Balanced by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hartford Balanced to competition
FundamentalsHartford BalancedPeer Average
Price to Earning9.70 X6.53 X
Price to Book2.29 X0.74 X
Price to Sales2.23 X0.61 X
One Year Return9.49 %4.15 %
Three Year Return6.99 %3.60 %
Five Year Return6.05 %3.24 %
Ten Year Return8.93 %1.79 %
Net Asset2.21 B4.11 B
Last Dividend Paid0.490.65
Cash Position Weight2.76 %10.61 %
Equity Positions Weight67.65 %63.90 %
Bond Positions Weight28.41 %11.24 %

About Hartford Balanced Buy or Sell Advice

When is the right time to buy or sell Hartford Balanced Hls? Buying financial instruments such as Hartford Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Hartford Balanced investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Hartford Balanced in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Banks Thematic Idea Now

Banks
Banks Theme
Large and small money and credit banks and credit services. The Banks theme has 30 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks Theme or any other thematic opportunities.
View All  Next Launch Banks
Please check Hartford Balanced Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Hartford Balanced Hls information on this page should be used as a complementary analysis to other Hartford Balanced's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Hartford Balanced Hls price analysis, check to measure Hartford Balanced's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hartford Balanced is operating at the current time. Most of Hartford Balanced's value examination focuses on studying past and present price action to predict the probability of Hartford Balanced's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hartford Balanced's price. Additionally, you may evaluate how the addition of Hartford Balanced to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hartford Balanced's value and its price as these two are different measures arrived at by different means. Investors typically determine Hartford Balanced value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hartford Balanced'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.