Hennessy Technology Financials

Hennessy Technology Fund Summary

Hennessy Technology competes with Black Oak, Hennessy Large, Hennessy Japan, Hennessy Small, and Firsthand Alternative. 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. Hennessy Technology is traded on NASDAQ Exchange in the United States.

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  2.85  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.

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.

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.