The Hartford Midcap Fund Manager Performance Evaluation
| HFMIX Fund | USD 28.21 0.12 0.43% |
The fund retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hartford Midcap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hartford Midcap is expected to be smaller as well.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in The Hartford Midcap are ranked lower than 4 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Hartford Midcap is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Veteran Wellington PM to leave firm, 5.6bn fund - Citywire Professional Buyer | 09/24/2024 |
| Expense Ratio Date | 1st of March 2023 | |
| Expense Ratio | 0.8300 |
Hartford |
Hartford Midcap Relative Risk vs. Return Landscape
If you would invest 2,721 in The Hartford Midcap on July 6, 2024 and sell it today you would earn a total of 100.00 from holding The Hartford Midcap or generate 3.68% return on investment over 90 days. The Hartford Midcap is currently producing 0.0644% returns and takes up 1.1991% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Hartford, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hartford Midcap Current Valuation
Fairly Valued
Today
Please note that Hartford Midcap's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hartford Midcap retains a regular Real Value of $27.76 per share. The prevalent price of the fund is $28.21. We determine the value of Hartford Midcap from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hartford Midcap is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hartford Mutual Fund. However, Hartford Midcap's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 28.21 | Real 27.76 | Hype 28.21 |
The intrinsic value of Hartford Midcap's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Hartford Midcap's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of The Hartford Midcap helps investors to forecast how Hartford mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Hartford Midcap more accurately as focusing exclusively on Hartford Midcap's fundamentals will not take into account other important factors: Hartford Midcap Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hartford Midcap's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as The Hartford Midcap, and traders can use it to determine the average amount a Hartford Midcap's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0537
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | HFMIX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hartford Midcap is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hartford Midcap by adding it to a well-diversified portfolio.
Hartford Midcap Fundamentals Growth
Hartford Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hartford Midcap, and Hartford Midcap fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hartford Mutual Fund performance.
| Price To Earning | 22.18 X | ||||
| Price To Book | 2.80 X | ||||
| Price To Sales | 1.78 X | ||||
| Total Asset | 1.34 B | ||||
About Hartford Midcap Performance
Evaluating Hartford Midcap's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hartford Midcap has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hartford Midcap has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its assets in common stocks of mid-capitalization companies. The sub-adviser defines mid-capitalization companies as companies with market capitalizations within the collective range of the Russell Midcap and SP MidCap 400 Indices.Things to note about Hartford Midcap performance evaluation
Checking the ongoing alerts about Hartford Midcap for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hartford Midcap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Veteran Wellington PM to leave firm, 5.6bn fund - Citywire Professional Buyer | |
| The fund generated three year return of -1.0% | |
| Hartford Midcap retains 99.44% of its assets under management (AUM) in equities |
- Analyzing Hartford Midcap's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hartford Midcap's stock is overvalued or undervalued compared to its peers.
- Examining Hartford Midcap's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hartford Midcap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hartford Midcap's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hartford Midcap's mutual fund. These opinions can provide insight into Hartford Midcap's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hartford Mutual Fund
Hartford Midcap 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 Midcap security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |