Hennessy Technology Financials
| HTCIX Fund | USD 24.72 0.14 0.57% |
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 Technology Fund Summary
Hennessy Technology competes with Bbh Intermediate, Touchstone Premium, Ambrus Core, Thrivent Income, and Ultra-short Fixed. 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. Under normal circumstances, it invests at least 80 percent of its net assets in securities of companies that are principally engaged in the research, design, development, manufacturing, or distributing of products or services in the technology industry.Specialization | Technology, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Hennessy Funds Trust |
| Mutual Fund Family | Hennessy |
| Mutual Fund Category | Technology |
| 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 Technology's current stock value. Our valuation model uses many indicators to compare Hennessy Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Technology competition to find correlations between indicators driving Hennessy Technology's intrinsic value. More Info.Hennessy Technology Fund 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 1.12 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 Technology's earnings, one of the primary drivers of an investment's value.Hennessy Technology Systematic Risk
Hennessy Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hennessy Technology 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Hennessy Technology correlated with the market. If Beta is less than 0 Hennessy Technology generally moves in the opposite direction as compared to the market. If Hennessy Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hennessy Technology is generally in the same direction as the market. If Beta > 1 Hennessy Technology moves generally in the same direction as, but more than the movement of the benchmark.
Hennessy Technology December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hennessy Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hennessy Technology Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Technology Fund 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 Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 1.72 |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Technology 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 Technology security.
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