Hennessy Large Cap Fund Manager Performance Evaluation
| HLFNX Fund | USD 31.64 0.10 0.32% |
The fund retains a Market Volatility (i.e., Beta) of 1.92, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hennessy Large will likely underperform.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Hennessy Large Cap are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Hennessy Large showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.8000 |
Hennessy |
Hennessy Large Relative Risk vs. Return Landscape
If you would invest 2,600 in Hennessy Large Cap on September 2, 2024 and sell it today you would earn a total of 564.00 from holding Hennessy Large Cap or generate 21.69% return on investment over 90 days. Hennessy Large Cap is currently producing 0.3231% returns and takes up 1.8345% volatility of returns over 90 trading days. Put another way, 16% of traded mutual funds are less volatile than Hennessy, and 94% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hennessy Large Current Valuation
Undervalued
Today
Please note that Hennessy Large's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Hennessy Large Cap retains a regular Real Value of $33.21 per share. The prevalent price of the fund is $31.64. We determine the value of Hennessy Large Cap 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 Large is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hennessy Mutual Fund. However, Hennessy Large'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 31.64 | Real 33.21 | Hype 31.64 | Naive 31.37 |
The intrinsic value of Hennessy Large'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 Large'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 Large Cap 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 Large more accurately as focusing exclusively on Hennessy Large's fundamentals will not take into account other important factors: Hennessy Large Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hennessy Large's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hennessy Large Cap, and traders can use it to determine the average amount a Hennessy Large'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 = 0.1761
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HLFNX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Hennessy Large is performing at about 13% 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 Large by adding it to a well-diversified portfolio.
Hennessy Large Fundamentals Growth
Hennessy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hennessy Large, and Hennessy Large 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 | 2.06 X | ||||
| Price To Book | 1.15 X | ||||
| Price To Sales | 2.77 X | ||||
| Total Asset | 18.66 M | ||||
About Hennessy Large Performance
Evaluating Hennessy Large's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hennessy Large 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 Large 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 primarily in companies whose securities are listed on U.S. national securities exchanges, including through American Depositary Receipts , which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. It invests at least 80 percent of its net assets in securities of large-cap companies principally engaged in the business of providing financial services, including information technology companies that are primarily engaged in providing products or services to financial services companies. The fund is non-diversified.Things to note about Hennessy Large Cap performance evaluation
Checking the ongoing alerts about Hennessy Large for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hennessy Large Cap 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 6.26% of its assets under management (AUM) in cash |
- Analyzing Hennessy Large'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 Large's stock is overvalued or undervalued compared to its peers.
- Examining Hennessy Large'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 Large's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hennessy Large's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hennessy Large's mutual fund. These opinions can provide insight into Hennessy Large's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hennessy Mutual Fund
Hennessy Large 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 Large security.
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