Hennessy Nerstone Growth Fund Price on July 10, 2023

HFCGX Fund  USD 33.03  0.41  1.23%   
If you're considering investing in Hennessy Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Hennessy Cornerstone stands at 33.03, as last reported on the 8th of February, with the highest price reaching 33.03 and the lowest price hitting 33.03 during the day. Hennessy Nerstone Growth holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of risk over the last 3 months. Hennessy Nerstone Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hennessy Cornerstone's Market Risk Adjusted Performance of (0.50), standard deviation of 2.02, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
  
Hennessy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1192

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsHFCGX

Estimated Market Risk

 2.02
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hennessy Cornerstone is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hennessy Cornerstone by adding Hennessy Cornerstone to a well-diversified portfolio.

Hennessy Cornerstone Valuation on July 10, 2023

It is possible to determine the worth of Hennessy Cornerstone on a given historical date. On July 10, 2023 Hennessy was worth 24.6 at the beginning of the trading date compared to the closed value of 24.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hennessy Cornerstone mutual fund. Still, in general, we apply an absolute valuation method to find Hennessy Cornerstone's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hennessy Cornerstone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hennessy Cornerstone's related companies.
 Open High Low Close Volume
  24.29    24.29    24.29    24.29    1.00  
07/10/2023
  24.60    24.60    24.60    24.60    1.00  
  24.82    24.82    24.82    24.82    1.00  
Backtest Hennessy Cornerstone  |  Hennessy Cornerstone History  |  Hennessy Cornerstone Valuation   PreviousNext  
Open Value
24.6
24.6
Closing Value
30.67
Upside

Hennessy Cornerstone Trading Date Momentum on July 10, 2023

On July 11 2023 Hennessy Nerstone Growth was traded for  24.82  at the closing time. The highest daily price throughout the period was 24.82  and the lowest price was  24.82 . There was no trading activity during the period 1.0. Lack of trading volume on 07/11/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.89% . The trading delta at closing time to current closing price is 2.64% .

Hennessy Nerstone Growth Fundamentals Correlations and Trends

By evaluating Hennessy Cornerstone's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hennessy Cornerstone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hennessy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hennessy Cornerstone Mutual Fund history

Hennessy Cornerstone investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hennessy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hennessy Nerstone Growth will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hennessy Cornerstone stock prices may prove useful in developing a viable investing in Hennessy Cornerstone
The fund may invest in any company whose securities are listed on a U.S. national securities exchange, including through ADRs, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. Hennessy Cornerstone is traded on NASDAQ Exchange in the United States.

Hennessy Cornerstone Mutual Fund Technical Analysis

Hennessy Cornerstone technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Hennessy Cornerstone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hennessy Cornerstone trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hennessy Cornerstone Period Price Range

Low
February 8, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Hennessy Nerstone Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Hennessy Cornerstone February 8, 2025 Market Strength

Market strength indicators help investors to evaluate how Hennessy Cornerstone mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hennessy Cornerstone shares will generate the highest return on investment. By undertsting and applying Hennessy Cornerstone mutual fund market strength indicators, traders can identify Hennessy Nerstone Growth entry and exit signals to maximize returns

Hennessy Cornerstone Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hennessy Cornerstone's price direction in advance. Along with the technical and fundamental analysis of Hennessy Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hennessy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Hennessy Mutual Fund

Hennessy Cornerstone 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 Cornerstone security.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Insider Screener
Find insiders across different sectors to evaluate their impact on performance