Hartford Municipal Short Fund Key Fundamental Indicators

HMJCX Fund  USD 10.19  0.01  0.1%   
As of the 26th of February, Hartford Municipal retains the Standard Deviation of 0.0515, market risk adjusted performance of (4.61), and Risk Adjusted Performance of 0.1968. Hartford Municipal 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.
Hartford Municipal's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Hartford Municipal's valuation are provided below:
Hartford Municipal Short does not presently have any fundamental trends for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Please note, there is a significant difference between Hartford Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hartford Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Hartford Municipal's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Hartford Municipal '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 Municipal'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 Municipal.
0.00
11/28/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/26/2026
0.00
If you would invest  0.00  in Hartford Municipal on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Hartford Municipal Short or generate 0.0% return on investment in Hartford Municipal over 90 days. Hartford Municipal is related to or competes with Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, Hartford Growth, and Hartford Growth. Normally, the fund will invest at least 80 percent of its net assets in municipal securities that pay interest exempt fr... More

Hartford Municipal 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 Municipal'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 Hartford Municipal Short upside and downside potential and time the market with a certain degree of confidence.

Hartford Municipal Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Municipal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hartford Municipal's standard deviation. In reality, there are many statistical measures that can use Hartford Municipal historical prices to predict the future Hartford Municipal's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hartford Municipal'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.
Hype
Prediction
LowEstimatedHigh
10.1410.1910.24
Details
Intrinsic
Valuation
LowRealHigh
10.0710.1211.21
Details
Naive
Forecast
LowNextHigh
10.1410.1910.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.7910.1810.20
Details

Hartford Municipal February 26, 2026 Technical Indicators

Hartford Municipal Short Backtested Returns

At this stage we consider Hartford Mutual Fund to be very steady. Hartford Municipal Short holds Efficiency (Sharpe) Ratio of 0.44, which attests that the entity had a 0.44 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Hartford Municipal Short, which you can use to evaluate the volatility of the entity. Please check out Hartford Municipal's Standard Deviation of 0.0515, market risk adjusted performance of (4.61), and Risk Adjusted Performance of 0.1968 to validate if the risk estimate we provide is consistent with the expected return of 0.0231%. The fund retains a Market Volatility (i.e., Beta) of -0.0027, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hartford Municipal are expected to decrease at a much lower rate. During the bear market, Hartford Municipal is likely to outperform the market.

Auto-correlation

    
  0.88  

Very good predictability

Hartford Municipal Short has very good predictability. Overlapping area represents the amount of predictability between Hartford Municipal time series from 28th of November 2025 to 12th of January 2026 and 12th of January 2026 to 26th of February 2026. 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 Municipal Short price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Hartford Municipal price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.99
Residual Average0.0
Price Variance0.0
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.
Competition

Based on the recorded statements, Hartford Municipal Short has an One Year Return of 3.6464%. This is 28.64% lower than that of the Hartford Mutual Funds family and significantly higher than that of the Muni National Short category. The one year return for all United States funds is notably lower than that of the firm.

Hartford Municipal Short Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hartford Municipal's current stock value. Our valuation model uses many indicators to compare Hartford Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hartford Municipal competition to find correlations between indicators driving Hartford Municipal's intrinsic value. More Info.
Hartford Municipal Short is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about  68.15  of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hartford Municipal's earnings, one of the primary drivers of an investment's value.

Hartford One Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hartford Municipal's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Hartford Municipal could also be used in its relative valuation, which is a method of valuing Hartford Municipal by comparing valuation metrics of similar companies.
Hartford Municipal is currently under evaluation in one year return among similar funds.

Hartford Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hartford Municipal's current stock value. Our valuation model uses many indicators to compare Hartford Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hartford Municipal competition to find correlations between indicators driving Hartford Municipal's intrinsic value. More Info.
Hartford Municipal Short is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about  68.15  of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hartford Municipal's earnings, one of the primary drivers of an investment's value.

Fund Asset Allocation for Hartford Municipal

The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.
Asset allocation divides Hartford Municipal's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors for a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will manage securities in the fund's portfolio as market conditions and the fund's objectives change.

Hartford Fundamentals

About Hartford Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hartford Municipal Short's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hartford Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hartford Municipal Short based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Normally, the fund will invest at least 80 percent of its net assets in municipal securities that pay interest exempt from federal income tax. The fund may invest up to 20 percent of its net assets in non-investment grade municipal securities. It may invest in securities that produce income subject to income tax, including the Alternative Minimum Tax.

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 Municipal 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 Municipal security.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Commodity Directory
Find actively traded commodities issued by global exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges