ROAM Stock Summary and Trading Ideas (Hartford Multifactor Emerging Markets ETF | ARCA:ROAM)

Hartford Multifactor Emerging Markets ETF ("ROAM") seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index based upon the emerging markets of the world. Hartford Multifactor Emerging Markets Equity Index seeks to enhance risk-adjusted return potential available from investment in emerging market companies. The rules-based, proprietary methodology utilizes an optimization process to help achieve the desired composition and targeted characteristics, including reduced volatility, relative sector, country and size constraints and positive value, momentum and quality relative factor score at the portfolio level. The Index seeks to harvest risk premia factors through systematic risk-and factor-weighting twice annually, with a reconstitution occurring in March and September.

Hartford Multifactor Emerging Markets ETF trades on the ARCA stock market under the symbol ROAM.

As of February 28, 2025, ROAM stock price declined to $23.21 with 3,503 million shares trading.

ROAM has a market cap of $27.85 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, ROAM traded as high as $26.00 and as low as $17.94.

ROAM has underperformed the market in the last year with a return of +3.1%, while the SPY ETF gained +18.8%. In the last 3 month period, ROAM fell short of the market, returning -2.5%, while SPY returned -0.4%. However, in the most recent 2 weeks ROAM has outperformed the stock market by returning -1.9%, while SPY returned -2.5%.

ROAM support price is $23.29 and resistance is $23.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ROAM shares will trade within this expected range on the day.