Hennessy Small Financials
| HISFX Fund | USD 18.34 0.24 1.33% |
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 Small Fund Summary
Hennessy Small competes with Hennessy Large, Rmb Mendon, Hennessy Focus, Rmb Mendon, and Emerald Banking. Under normal circumstances, the fund invests at least 80 percent of its net assets in securities of small-cap companies principally engaged in the business of providing financial services. The funds manager considers a small-cap company to be one that has a market capitalization of less than 3 billion, measured at the time of purchase. It will not invest more than 5 percent of its total assets in the equity-related securities of any one company that derives more than 15 percent of its revenues from brokerage or investment management activities. The fund is non-diversified.Specialization | Financial, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Hennessy Funds Trust |
| Mutual Fund Family | Hennessy |
| Mutual Fund Category | Financial |
| Benchmark | Dow Jones Industrial |
| Phone | 800 966 4354 |
| Currency | USD - US Dollar |
Hennessy Small Key Financial Ratios
Hennessy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Small's current stock value. Our valuation model uses many indicators to compare Hennessy Small value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Small competition to find correlations between indicators driving Hennessy Small's intrinsic value. More Info.Hennessy Small Cap 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 1.05 of Price To Book per Price To Earning. 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 Small's earnings, one of the primary drivers of an investment's value.Hennessy Small Cap Systematic Risk
Hennessy Small's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hennessy Small 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Hennessy Small Cap correlated with the market. If Beta is less than 0 Hennessy Small generally moves in the opposite direction as compared to the market. If Hennessy Small Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Small Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hennessy Small is generally in the same direction as the market. If Beta > 1 Hennessy Small moves generally in the same direction as, but more than the movement of the benchmark.
Hennessy Small November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hennessy Small help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hennessy Small Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Small Cap 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 Small's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.0813 | |||
| Maximum Drawdown | 16.69 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 3.19 |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Small 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 Small security.
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