American Woodmarks 12 percent CAGR outpaced the companys earnings growth over the same three-year period
| HFCIX Fund | USD 56.18 0.13 0.23% |
Slightly above 54% of Hennessy Focus' investor base is interested to short. The analysis of overall sentiment of trading Hennessy Focus Fund mutual fund suggests that many investors are impartial at this time. Hennessy Focus' investing sentiment can be driven by a variety of factors including economic data, Hennessy Focus' earnings reports, geopolitical events, and overall market trends.
Hennessy |
By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...
Read at simplywall.st
 |
Hennessy Focus Fundamental Analysis
We analyze Hennessy Focus' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hennessy Focus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hennessy Focus 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.
Price To Earning
Price To Earning Comparative Analysis
Hennessy Focus is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Hennessy Focus Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hennessy Focus mutual fund to make a market-neutral strategy. Peer analysis of Hennessy Focus could also be used in its relative valuation, which is a method of valuing Hennessy Focus by comparing valuation metrics with similar companies.
Peers
Hennessy Focus Related Equities
| BIPIX | Biotechnology Ultrasector | 1.86 | ||||
| ISTNX | Ivy Science | 1.10 | ||||
| ITYYX | Invesco Technology | 0.88 | ||||
| USTCX | Science Technology | 0.84 | ||||
| MTCCX | Mfs Technology | 0.80 | ||||
| TOWTX | Towpath Technology | 0.22 | ||||
| DRGTX | Allianzgi Technology | 1.47 | ||||
| TEPIX | Technology Ultrasector | 2.08 |
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.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |