Hartford Growth Opportunities Fund Alpha and Beta Analysis
| HGOTX Fund | USD 61.19 0.22 0.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hartford Growth Opportunities. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hartford Growth over a specified time horizon. Remember, high Hartford Growth's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Hartford Growth's market risk premium analysis include:
Beta (0.14) | Alpha 0.0601 | Risk 1.12 | Sharpe Ratio 0.045 | Expected Return 0.0504 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Hartford Growth Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate Hartford Growth's performance over market.| α | 0.06 | β | -0.14 |
Hartford Growth expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hartford Growth's Buy-and-hold return. Our buy-and-hold chart shows how Hartford Growth performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hartford Growth Market Price Analysis
Market price analysis indicators help investors to evaluate how Hartford Growth mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hartford Growth shares will generate the highest return on investment. By understating and applying Hartford Growth mutual fund market price indicators, traders can identify Hartford Growth position entry and exit signals to maximize returns.
Hartford Growth Return and Market Media
The median price of Hartford Growth for the period between Wed, Mar 6, 2024 and Tue, Jun 4, 2024 is 60.12 with a coefficient of variation of 2.17. The daily time series for the period is distributed with a sample standard deviation of 1.3, arithmetic mean of 59.84, and mean deviation of 1.03. The Fund did not receive any noticable media coverage during the period. Price Growth (%) |
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