Hennessy Japan Fund Price on October 24, 2024

HJPIX Fund  USD 45.92  0.34  0.73%   
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 Japan stands at 45.92, as last reported on the 27th of November, with the highest price reaching 45.92 and the lowest price hitting 45.92 during the day. Hennessy Japan holds Efficiency (Sharpe) Ratio of -0.0301, which attests that the entity had a -0.0301% return per unit of risk over the last 3 months. Hennessy Japan exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hennessy Japan's Standard Deviation of 1.51, market risk adjusted performance of 0.8371, and Risk Adjusted Performance of (0.02) 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 = -0.0301

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Estimated Market Risk

 1.51
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hennessy Japan 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 Japan by adding Hennessy Japan to a well-diversified portfolio.

Hennessy Japan Valuation on October 24, 2024

It is possible to determine the worth of Hennessy Japan on a given historical date. On October 24, 2024 HENNESSY was worth 45.41 at the beginning of the trading date compared to the closed value of 45.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hennessy Japan mutual fund. Still, in general, we apply an absolute valuation method to find Hennessy Japan'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 Japan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hennessy Japan's related companies.
 Open High Low Close Volume
  44.74    44.74    44.74    44.74    1.00  
10/24/2024
  45.41    45.41    45.41    45.41    1.00  
  44.99    44.99    44.99    44.99    1.00  
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Open Value
45.41
45.41
Closing Value
49.94
Upside

Hennessy Japan Trading Date Momentum on October 24, 2024

On October 25 2024 Hennessy Japan Fund was traded for  44.99  at the closing time. The highest daily price throughout the period was 44.99  and the lowest price was  44.99 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.92% . The trading delta at closing time to current closing price is 1.81% .

Hennessy Japan Fundamentals Correlations and Trends

By evaluating Hennessy Japan'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 Japan'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 Japan Mutual Fund history

Hennessy Japan 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 Japan 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 Japan stock prices may prove useful in developing a viable investing in Hennessy Japan
The fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of Japanese companies. Hennessy Japan is traded on NASDAQ Exchange in the United States.

Hennessy Japan Mutual Fund Technical Analysis

Hennessy Japan 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 Japan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hennessy Japan 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 Japan Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hennessy Japan 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 Japan November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Hennessy Japan 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 Japan shares will generate the highest return on investment. By undertsting and applying Hennessy Japan mutual fund market strength indicators, traders can identify Hennessy Japan Fund entry and exit signals to maximize returns

Hennessy Japan Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hennessy Japan'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 Japan 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 Japan security.
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