Last updated 2024-11-22 03:32:45 (EST)

Quarterly Net Income Trend Analysis

Growth Trend of Quarterly Net Income for The Hartford Balanced Income Fund Class R3(HBLRX).

The Hartford Balanced Income Fund Class R3Adjusted Quarterly Net Income vs. Stock Price Trend Chart
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Seasonally Adjusted Quarterly Net Income Growth Rate tooltip

Quarter-over-Quarter Net Income Growth Rate3.8%
Year-over-Year Quarterly Net Income Growth RateTurn Loss into Profit
As of 2023-06-30

Correlation Analysis between Quarterly Net Income and Stock Price

Analyze the correlation between The Hartford Balanced Income Fund Class R3(HBLRX) stock price and seasonally adjusted quarterly net income. If there is a moderate to high correlation, the overall seasonally adjusted quarterly net income can be used to estimate whether the stock price is reasonable.

Scatter Plot of Seasonally Aadjusted Quarterly Net Income vs. Stock Price for The Hartford Balanced Income Fund Class R3 (HBLRX)

Seasonally Aadjusted Quarterly Net Income and stock price of The Hartford Balanced Income Fund Class R3 (HBLRX) show a Low Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Seasonally Aadjusted Quarterly Net Income and Stock Price

Low Correlation 0.01

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.

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