Hennessy Balanced Fund Manager Performance Evaluation
| HBFBX Fund | USD 12.22 0.05 0.41% |
The fund retains a Market Volatility (i.e., Beta) of 0.041, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hennessy Balanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hennessy Balanced is expected to be smaller as well.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hennessy Balanced Fund are ranked lower than 2 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental drivers, Hennessy Balanced is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.8500 |
Hennessy |
Hennessy Balanced Relative Risk vs. Return Landscape
If you would invest 1,215 in Hennessy Balanced Fund on August 30, 2024 and sell it today you would earn a total of 7.00 from holding Hennessy Balanced Fund or generate 0.58% return on investment over 90 days. Hennessy Balanced Fund is currently producing 0.0098% returns and takes up 0.3633% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Hennessy, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hennessy Balanced Current Valuation
Fairly Valued
Today
Please note that Hennessy Balanced's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hennessy Balanced retains a regular Real Value of $12.2 per share. The prevalent price of the fund is $12.22. We determine the value of Hennessy Balanced from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hennessy Balanced is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hennessy Mutual Fund. However, Hennessy Balanced's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.22 | Real 12.2 | Hype 12.22 | Naive 12.3 |
The intrinsic value of Hennessy Balanced's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Hennessy Balanced's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Hennessy Balanced Fund helps investors to forecast how Hennessy mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Hennessy Balanced more accurately as focusing exclusively on Hennessy Balanced's fundamentals will not take into account other important factors: Hennessy Balanced Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hennessy Balanced's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hennessy Balanced Fund, and traders can use it to determine the average amount a Hennessy Balanced's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0269
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HBFBX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hennessy Balanced is performing at about 2% of its full potential. 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 Balanced by adding it to a well-diversified portfolio.
Hennessy Balanced Fundamentals Growth
Hennessy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hennessy Balanced, and Hennessy Balanced fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hennessy Mutual Fund performance.
| Price To Earning | 21.24 X | |||
| Price To Book | 3.20 X | |||
| Price To Sales | 1.92 X | |||
About Hennessy Balanced Performance
Evaluating Hennessy Balanced's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hennessy Balanced has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hennessy Balanced has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests approximately 50 percent of its assets in roughly equal dollar amounts in the 10 highest dividend-yielding Dow Jones Industrial Average stocks , but limits exposure to market risk and volatility by investing approximately 50 percent of its assets in U.S. Treasury securities with a maturity of less than one year. It is non-diversified.Things to note about Hennessy Balanced performance evaluation
Checking the ongoing alerts about Hennessy Balanced for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hennessy Balanced help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 5.88% of its assets under management (AUM) in cash |
- Analyzing Hennessy Balanced's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hennessy Balanced's stock is overvalued or undervalued compared to its peers.
- Examining Hennessy Balanced's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hennessy Balanced's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hennessy Balanced's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hennessy Balanced's mutual fund. These opinions can provide insight into Hennessy Balanced's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hennessy Mutual Fund
Hennessy Balanced 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 Balanced security.
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