Hennessy Equity Financials
| HEIFX Fund | USD 16.20 0.02 0.12% |
Hennessy |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Hennessy Equity Fund Summary
Hennessy Equity competes with Buffalo Flexible, James Balanced:, Hennessy Focus, Villere Balanced, and Mairs Power. The fund seeks income and long-term capital appreciation with reduced volatility of returns. It will invest up to 70 percent of its assets in equity securities and its remaining assets in fixed income securities. The fund invests primarily in domestic companies whose securities are listed on U.S. national securities exchanges.Specialization | Allocation--50% to 70% Equity, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US42588P8251 |
| Business Address | Hennessy Funds Trust |
| Mutual Fund Family | Hennessy |
| Mutual Fund Category | Allocation--50% to 70% Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 966 4354 |
| Currency | USD - US Dollar |
Hennessy Equity Key Financial Ratios
Hennessy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Equity's current stock value. Our valuation model uses many indicators to compare Hennessy Equity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Equity competition to find correlations between indicators driving Hennessy Equity's intrinsic value. More Info.Hennessy Equity And is rated # 2 fund in price to earning among similar funds. It also is rated # 2 fund in price to book among similar funds fabricating about 0.72 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Hennessy Equity And is roughly 1.38 . 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 Equity's earnings, one of the primary drivers of an investment's value.Hennessy Equity And Systematic Risk
Hennessy Equity's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hennessy Equity volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Hennessy Equity And correlated with the market. If Beta is less than 0 Hennessy Equity generally moves in the opposite direction as compared to the market. If Hennessy Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Equity And is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hennessy Equity is generally in the same direction as the market. If Beta > 1 Hennessy Equity moves generally in the same direction as, but more than the movement of the benchmark.
Hennessy Equity November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hennessy Equity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hennessy Equity And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Equity And based on widely used predictive technical indicators. In general, we focus on analyzing Hennessy Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hennessy Equity's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4237 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 2.3 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.7129 |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Equity 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 Equity security.
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