Hennessy Large Cap Fund Fundamentals
| HILFX Fund | USD 32.12 0.15 0.47% |
Hennessy Large Cap fundamentals help investors to digest information that contributes to Hennessy Large's financial success or failures. It also enables traders to predict the movement of Hennessy Mutual Fund. The fundamental analysis module provides a way to measure Hennessy Large's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hennessy Large mutual fund.
Hennessy |
Hennessy Large Cap Mutual Fund Year To Date Return Analysis
Hennessy Large's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Hennessy Large Year To Date Return | 37.02 % |
Most of Hennessy Large's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hennessy Large Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
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According to the company's disclosures, Hennessy Large Cap has a Year To Date Return of 37.0211%. This is much higher than that of the Hennessy family and significantly higher than that of the Financial category. The year to date return for all United States funds is notably lower than that of the firm.
Hennessy Large Cap Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Large's current stock value. Our valuation model uses many indicators to compare Hennessy Large value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Large competition to find correlations between indicators driving Hennessy Large's intrinsic value. More Info.Hennessy Large Cap is rated # 2 fund in price to earning among similar funds. It is one of the top funds in annual yield among similar funds fabricating about 0.01 of Annual Yield per Price To Earning. The ratio of Price To Earning to Annual Yield for Hennessy Large Cap is roughly 129.45 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hennessy Large's earnings, one of the primary drivers of an investment's value.Hennessy Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hennessy Large's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Hennessy Large could also be used in its relative valuation, which is a method of valuing Hennessy Large by comparing valuation metrics of similar companies.Hennessy Large is currently under evaluation in year to date return among similar funds.
Fund Asset Allocation for Hennessy Large
The fund consists of 97.13% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Hennessy Large's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Hennessy Fundamentals
| Price To Earning | 2.11 X | |||
| Total Asset | 15.21 M | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 37.02 % | |||
| One Year Return | 57.65 % | |||
| Three Year Return | 1.84 % | |||
| Five Year Return | 9.22 % | |||
| Ten Year Return | 8.36 % | |||
| Net Asset | 33.87 M | |||
| Minimum Initial Investment | 250 K | |||
| Cash Position Weight | 2.87 % | |||
| Equity Positions Weight | 97.13 % |
About Hennessy Large Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hennessy Large Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hennessy Large using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hennessy Large Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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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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