Hennessy Focus Fund Price on September 30, 2024
| HFCSX Fund | USD 52.76 0.68 1.31% |
Below is the normalized historical share price chart for Hennessy Focus Fund extending back to January 28, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hennessy Focus stands at 52.76, as last reported on the 23rd of November, with the highest price reaching 52.76 and the lowest price hitting 52.76 during the day.
If you're considering investing in Hennessy Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Hennessy Mutual Fund to be very steady. Hennessy Focus holds Efficiency (Sharpe) Ratio of 0.0071, which attests that the entity had a 0.0071% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hennessy Focus, which you can use to evaluate the volatility of the entity. Please check out Hennessy Focus' Downside Deviation of 1.15, risk adjusted performance of 0.0229, and Market Risk Adjusted Performance of 0.0284 to validate if the risk estimate we provide is consistent with the expected return of 0.0081%.
Hennessy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Hennessy |
Sharpe Ratio = 0.0071
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HFCSX |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hennessy Focus 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 Focus by adding Hennessy Focus to a well-diversified portfolio.
Hennessy Focus Valuation on September 30, 2024
It is possible to determine the worth of Hennessy Focus on a given historical date. On September 30, 2024 Hennessy was worth 52.42 at the beginning of the trading date compared to the closed value of 52.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hennessy Focus mutual fund. Still, in general, we apply an absolute valuation method to find Hennessy Focus' 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 Focus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hennessy Focus' related companies.
| Open | High | Low | Close | Volume | |
| 52.34 | 52.34 | 52.34 | 52.34 | 1.00 | |
09/30/2024 | 52.42 | 52.42 | 52.42 | 52.42 | 1.00 |
| 51.72 | 51.72 | 51.72 | 51.72 | 1.00 |
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Hennessy Focus Trading Date Momentum on September 30, 2024
| On October 01 2024 Hennessy Focus Fund was traded for 51.72 at the closing time. The highest daily price throughout the period was 51.72 and the lowest price was 51.72 . There was no trading activity during the period 1.0. Lack of trading volume on 10/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.34% . The trading delta at closing time to current closing price is 2.94% . |
Hennessy Focus Fundamentals Correlations and Trends
By evaluating Hennessy Focus' 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 Focus' 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 Focus Mutual Fund history
Hennessy Focus 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 Focus 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 Focus stock prices may prove useful in developing a viable investing in Hennessy Focus
The fund invests in domestic companies whose securities are listed on U.S. national securities exchanges, foreign companies listed on U.S. national securities exchanges, foreign companies through American Depositary Receipts , which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges, and foreign companies traded on foreign exchanges. The fund is non-diversified.
Hennessy Focus Mutual Fund Technical Analysis
Hennessy Focus 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.
Price Boundaries
Hennessy Focus Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Hennessy Focus Fund 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 Focus November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Hennessy Focus 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 Focus shares will generate the highest return on investment. By undertsting and applying Hennessy Focus mutual fund market strength indicators, traders can identify Hennessy Focus Fund entry and exit signals to maximize returns
Hennessy Focus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hennessy Focus' 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.
| Risk Adjusted Performance | 0.0229 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0184 |
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| Volume Indicators |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Focus 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 Focus security.
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