The Hartford Midcap Fund Technical Analysis

HMVTX Fund  USD 18.63  0.01  0.05%   
As of the 28th of March, Hartford Midcap retains the Risk Adjusted Performance of 0.0671, downside deviation of 0.9222, and Market Risk Adjusted Performance of (0.56). Hartford Midcap technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for The Hartford Midcap, which can be compared to its competitors. Please check out The Hartford Midcap coefficient of variation and the relationship between the information ratio and downside variancecoefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Hartford Midcap is priced fairly, providing market reflects its last-minute price of 18.63 per share.

Hartford Midcap Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hartford, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hartford
  
Hartford Midcap's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hartford Midcap technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Hartford Midcap technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hartford Midcap trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

The Hartford Midcap Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of The Hartford Midcap volatility. High ATR values indicate high volatility, and low values indicate low volatility.

The Hartford Midcap Trend Analysis

Use this graph to draw trend lines for The Hartford Midcap. You can use it to identify possible trend reversals for Hartford Midcap as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hartford Midcap price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hartford Midcap Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Hartford Midcap applied against its price change over selected period. The best fit line has a slop of   0.02  , which means The Hartford Midcap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.27, which is the sum of squared deviations for the predicted Hartford Midcap price change compared to its average price change.

About Hartford Midcap Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of The Hartford Midcap on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of The Hartford Midcap based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on The Hartford Midcap price pattern first instead of the macroeconomic environment surrounding The Hartford Midcap. By analyzing Hartford Midcap's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hartford Midcap's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hartford Midcap specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hartford Midcap March 28, 2024 Technical Indicators

Most technical analysis of Hartford help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hartford from various momentum indicators to cycle indicators. When you analyze Hartford charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

The Hartford Midcap One Year Return

Based on the recorded statements, The Hartford Midcap has an One Year Return of 21.7999%. This is 326.61% higher than that of the Hartford Mutual Funds family and significantly higher than that of the Mid-Cap Value category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Hartford Midcap. 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 estimate.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Hartford Mutual Fund analysis

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