Hennessy Capital Investment Stock Alpha and Beta Analysis
| HCVIW Stock | USD 0.12 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hennessy Capital Investment. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hennessy Capital over a specified time horizon. Remember, high Hennessy Capital's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Hennessy Capital's market risk premium analysis include:
Beta (1.78) | Alpha 0.85 | Risk 184.1 | Sharpe Ratio 0.18 | Expected Return 32.47 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Hennessy |
Hennessy Capital Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hennessy Capital market risk premium is the additional return an investor will receive from holding Hennessy Capital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hennessy Capital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hennessy Capital's performance over market.| α | 0.85 | β | -1.78 |
Hennessy Capital Fundamentals Vs Peers
Comparing Hennessy Capital's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hennessy Capital's direct or indirect competition across all of the common fundamentals between Hennessy Capital and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hennessy Capital or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hennessy Capital's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hennessy Capital by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hennessy Capital to competition |
| Fundamentals | Hennessy Capital | Peer Average |
| Return On Asset | -0.0186 | -0.14 |
| Number Of Shares Shorted | 100.68 K | 4.71 M |
| EBITDA | 9.62 M | 3.9 B |
| Net Income | 6.4 M | 570.98 M |
| Cash And Equivalents | 26 K | 2.7 B |
| Total Debt | 1.1 M | 5.32 B |
| Book Value Per Share | (0.16) X | 1.93 K |
Hennessy Capital Opportunities
Hennessy Capital Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Hennessy Capital stock hits all-time high of 11.66 By Investing.com - Investing.com Canada | 09/25/2024 |
2 | Hennessy Capital Investment Corp. VI Announces Stockholder Approval of Extension of Deadline to Complete Business Combination - StockTitan | 10/01/2024 |
3 | Polar Asset Management Partners Inc. Acquires New Stake in Henne - GuruFocus.com | 11/14/2024 |
About Hennessy Capital Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hennessy or other stocks. Alpha measures the amount that position in Hennessy Capital Inv has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2022 | 2023 | 2024 (projected) | Return On Tangible Assets | 0.007334 | 0.0443 | 0.0236 | 0.0201 | PE Ratio | 174.72 | 29.32 | 70.75 | 100.76 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hennessy Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hennessy Capital's short interest history, or implied volatility extrapolated from Hennessy Capital options trading.
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Additional Tools for Hennessy Stock Analysis
When running Hennessy Capital's price analysis, check to measure Hennessy Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hennessy Capital is operating at the current time. Most of Hennessy Capital's value examination focuses on studying past and present price action to predict the probability of Hennessy Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy Capital's price. Additionally, you may evaluate how the addition of Hennessy Capital to your portfolios can decrease your overall portfolio volatility.