Hennessy Large Financials
| HLFNX Fund | USD 31.74 0.15 0.47% |
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 Large Fund Summary
Hennessy Large competes with Hennessy Small, Hennessy Large, Baron Real, Hennessy Focus, and Hennessy Japan. The fund invests primarily in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts , which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. It invests at least 80 percent of its net assets in securities of large-cap companies principally engaged in the business of providing financial services, including information technology companies that are primarily engaged in providing products or services to financial services companies. The fund is non-diversified.Specialization | Financial, Large Value |
| 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 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Large's current stock value. Our valuation model uses many indicators to compare Hennessy Large value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Large competition to find correlations between indicators driving Hennessy Large's intrinsic value. More Info.Hennessy Large Cap is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.56 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Hennessy Large Cap is roughly 1.79 . 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 Large's earnings, one of the primary drivers of an investment's value.Hennessy Large Cap Systematic Risk
Hennessy Large's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hennessy Large 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Hennessy Large Cap correlated with the market. If Beta is less than 0 Hennessy Large generally moves in the opposite direction as compared to the market. If Hennessy Large Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Large Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hennessy Large is generally in the same direction as the market. If Beta > 1 Hennessy Large moves generally in the same direction as, but more than the movement of the benchmark.
Hennessy Large November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hennessy Large help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hennessy Large Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Large 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 Large's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.1103 | |||
| Maximum Drawdown | 13.73 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.63 |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Large 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 Large security.
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