Hennessy Gas Financial Statements From 2010 to 2024
| HGASX Fund | USD 29.91 0.01 0.03% |
Check Hennessy Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hennessy Gas' main balance sheet or income statement drivers, such as , as well as many indicators such as . Hennessy financial statements analysis is a perfect complement when working with Hennessy Gas Valuation or Volatility modules.
Hennessy |
Hennessy Gas Utility Mutual Fund One Year Return Analysis
Hennessy Gas' One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Hennessy Gas One Year Return | 32.98 % |
Most of Hennessy Gas' fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hennessy Gas Utility is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the recorded statements, Hennessy Gas Utility has an One Year Return of 32.978%. This is much higher than that of the Hennessy family and significantly higher than that of the Utilities category. The one year return for all United States funds is notably lower than that of the firm.
Hennessy Gas Utility Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Gas's current stock value. Our valuation model uses many indicators to compare Hennessy Gas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Gas competition to find correlations between indicators driving Hennessy Gas's intrinsic value. More Info.Hennessy Gas Utility is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 1,247 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hennessy Gas' earnings, one of the primary drivers of an investment's value.About Hennessy Gas Financial Statements
Hennessy Gas investors use historical fundamental indicators, such as Hennessy Gas' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hennessy Gas. Please read more on our technical analysis and fundamental analysis pages.
The advisor intends to provide investment results that replicate the performance of the American Gas Association Stock Index. The index is maintained by the American Gas Association, a national trade association of natural gas distribution companies, and is licensed exclusively to the Manager for use as an investment strategy. The advisor intends to invest at least 85 percent of its net assets in the common stock of companies that have natural gas distribution and transmission operations and no attempt is made to actively manage the funds portfolio by using economic, financial, or market analysis.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hennessy Mutual Fund
Hennessy Gas financial ratios help investors to determine whether Hennessy 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 Hennessy with respect to the benefits of owning Hennessy Gas security.
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