The Hartford Midcap Fund Technical Analysis

HFMIX Fund  USD 26.90  0.17  0.63%   
As of the 7th of June, Hartford Midcap retains the Market Risk Adjusted Performance of (0.05), risk adjusted performance of (0.04), and Standard Deviation of 0.9436. 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.

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...

Hartford Midcap Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Hartford Midcap volatility. High ATR values indicate high volatility, and low values indicate low volatility.

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 may suggest that The Hartford Midcap market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21.89, 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 Hartford Midcap price pattern first instead of the macroeconomic environment surrounding 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 June 7, 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.

Hartford Midcap One Year Return

Based on the recorded statements, The Hartford Midcap has an One Year Return of 13.491%. This is 164.01% higher than that of the Hartford Mutual Funds family and significantly higher than that of the Mid-Cap Growth 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.

Hartford Midcap June 7, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hartford stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

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.
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