The Hartford Growth Fund Quote
HGOFX Fund | USD 55.71 0.22 0.39% |
Performance17 of 100
| Odds Of DistressLess than 33
|
Hartford Growth is trading at 55.71 as of the 29th of March 2024; that is -0.39 percent decrease since the beginning of the trading day. The fund's open price was 55.93. Hartford Growth has about a 33 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for The Hartford Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
The fund invests primarily in a diversified portfolio of common stocks covering a broad range of industries, companies and market capitalizations that the sub-adviser believes exhibit long-term growth potential. It may invest up to 25 percent of its net assets in foreign issuers and non-dollar securities. More on The Hartford Growth
Moving together with Hartford Mutual Fund
1.0 | HGOIX | The Hartford Growth | PairCorr |
1.0 | HGORX | The Hartford Growth | PairCorr |
1.0 | HGOSX | The Hartford Growth | PairCorr |
0.98 | HGOTX | Hartford Growth Oppo | PairCorr |
1.0 | HGOVX | The Hartford Growth | PairCorr |
1.0 | HGOYX | The Hartford Growth | PairCorr |
Hartford Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hartford Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hartford Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund Concentration | Hartford Mutual Funds, Large Growth Funds, Large Growth, Hartford Mutual Funds, Large Growth, Large Growth (View all Sectors) |
Update Date | 31st of March 2024 |
The Hartford Growth [HGOFX] is traded in USA and was established 29th of March 2024. Hartford Growth is listed under Hartford Mutual Funds category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Hartford Mutual Funds family. This fund currently has accumulated 5.4 B in assets under management (AUM) with minimum initial investment of 1000 K. The Hartford Growth is currently producing year-to-date (YTD) return of 18.85%, while the total return for the last 3 years was 3.56%.
Check Hartford Growth Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Hartford Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Hartford Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as The Hartford Growth Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top The Hartford Growth Mutual Fund Constituents
FB | Meta Platforms | Stock | Internet Content & Information |
VMW | VMware Inc | Stock | Information Technology |
SPOT | Spotify Technology SA | Stock | Communication Services |
TJX | The TJX Companies | Stock | Consumer Discretionary |
BKNG | Booking Holdings | Stock | Consumer Discretionary |
TTD | Trade Desk | Stock | Information Technology |
NVDA | NVIDIA | Stock | Information Technology |
Hartford Growth Target Price Odds Analysis
Based on a normal probability distribution, the odds of Hartford Growth jumping above the current price in 90 days from now is about 10.42%. The The Hartford Growth probability density function shows the probability of Hartford Growth mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon The Hartford Growth has a beta of -0.0961. This usually indicates as returns on benchmark increase, returns on holding Hartford Growth are expected to decrease at a much lower rate. During the bear market, however, The Hartford Growth is likely to outperform the market. Additionally, the Hartford Growth has an alpha of 0.2666, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Hartford Growth to move above the current price in 90 days from now is about 10.42 (This The Hartford Growth probability density function shows the probability of Hartford Mutual Fund to fall within a particular range of prices over 90 days) .
Hartford Growth Top Holders
HRAFX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
HRATX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
HRAIX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
HRASX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
HRAAX | Hartford Growth Allocation | Mutual Fund | Allocation--70% to 85% Equity |
HRARX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
HRACX | The Hartford Growth | Mutual Fund | Allocation--70% to 85% Equity |
The Hartford Growth Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hartford Growth market risk premium is the additional return an investor will receive from holding Hartford Growth long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hartford Growth. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hartford Growth's alpha and beta are two of the key measurements used to evaluate Hartford Growth's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.8795 | |||
Semi Deviation | 0.6948 | |||
Standard Deviation | 1.19 | |||
Variance | 1.42 |
Hartford Growth Against Markets
Picking the right benchmark for Hartford Growth mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hartford Growth mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hartford Growth is critical whether you are bullish or bearish towards The Hartford Growth at a given time. Please also check how Hartford Growth's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hartford Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
All Next | Launch Module |
How to buy Hartford Mutual Fund?
Before investing in Hartford Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hartford Growth. To buy Hartford Growth fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hartford Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hartford Growth fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The Hartford Growth fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased The Hartford Growth fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as The Hartford Growth, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in The Hartford Growth?
The danger of trading The Hartford Growth is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hartford Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hartford Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile The Hartford Growth is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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 census. Note that the The Hartford Growth information on this page should be used as a complementary analysis to other Hartford Growth'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 the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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