The Hartford Growth Fund Buy Hold or Sell Recommendation

HGORX Fund  USD 48.67  0.19  0.39%   
Assuming the 90 days horizon and your way above-average risk tolerance, our recommendation regarding The Hartford Growth is 'Sell'. Macroaxis provides Hartford Growth buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HGORX positions. The advice algorithm takes into account all of Hartford Growth's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hartford Growth's buy or sell advice are summarized below:
Real Value
43.18
Hype Value
48.67
Market Value
48.67
Naive Value
49.27
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell The Hartford Growth given historical horizon and risk tolerance towards Hartford Growth. When Macroaxis issues a 'buy' or 'sell' recommendation for The Hartford Growth, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Hartford Growth 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.
In addition, we conduct extensive research on individual funds such as Hartford and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards The Hartford Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Hartford Growth Buy or Sell Advice

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

Time Horizon

Risk Tolerance

Execute Advice
Sell Hartford GrowthBuy Hartford Growth
Sell

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon The Hartford Growth has a Mean Deviation of 0.8795, Semi Deviation of 0.6978, Standard Deviation of 1.19, Variance of 1.43, Downside Variance of 1.11 and Semi Variance of 0.4869
Our trade recommendations tool can be used to complement The Hartford Growth advice provided by experts. It analyzes the entity's potential to grow against your specific risk preferences and investment horizon. Use Hartford Growth price to sales and five year return to ensure your buy or sell decision on The Hartford Growth is adequate.

Hartford Growth Trading Alerts and Improvement Suggestions

The fund retains 97.48% of its assets under management (AUM) in equities

Hartford Growth Returns Distribution Density

The distribution of Hartford Growth's historical returns is an attempt to chart the uncertainty of Hartford Growth's future price movements. The chart of the probability distribution of Hartford Growth daily returns describes the distribution of returns around its average expected value. We use The Hartford Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hartford Growth returns is essential to provide solid investment advice for Hartford Growth.
Mean Return
0.26
Value At Risk
-1.59
Potential Upside
2.07
Standard Deviation
1.19
   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 Growth 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 Growth 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 Growth 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 Growth's price will be affected by overall mutual fund 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 fund'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 NYSE Composite
0.26
β
Beta against NYSE Composite-0.1
σ
Overall volatility
1.20
Ir
Information ratio 0.11

Hartford Growth Volatility Alert

The Hartford Growth has relatively low volatility with skewness of 0.48 and kurtosis of 0.99. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hartford Growth's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hartford Growth'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 financial instruments as prices fall.

Hartford Growth Fundamentals Vs Peers

Comparing Hartford Growth'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 Growth's direct or indirect competition across all of the common fundamentals between Hartford Growth and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hartford Growth or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Hartford Growth's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hartford Growth by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hartford Growth to competition
FundamentalsHartford GrowthPeer Average
Price To Earning27.86 X6.53 X
Price To Book3.22 X0.74 X
Price To Sales2.80 X0.61 X
Year To Date Return18.70 %0.39 %
One Year Return50.54 %4.15 %
Three Year Return4.07 %3.60 %
Five Year Return14.28 %3.24 %
Ten Year Return15.67 %1.79 %
Net Asset7.4 B4.11 B
Cash Position Weight1.82 %10.61 %
Equity Positions Weight97.48 %63.90 %

Hartford Growth Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hartford . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Hartford Growth Buy or Sell Advice

When is the right time to buy or sell The Hartford Growth? 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 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. 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 Growth 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?

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Corona Opportunity
Corona Opportunity Theme
Firms that are involved in some capacity in making products or providing services to the public to buttle the virus directly or indirectly. This also includes some defencive and contrarian stocks and ETFs that are managing to avoid the big market correction coused by coronavirus. The Corona Opportunity theme has 46 constituents at this time.
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 Corona Opportunity Theme or any other thematic opportunities.
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Check out Hartford Growth 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.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Hartford Mutual Fund analysis

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