Hennessy Nerstone Mid Fund Market Value
| HIMDX Fund | USD 25.42 0.32 1.27% |
| Symbol | Hennessy |
Hennessy Cornerstone 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hennessy Cornerstone's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hennessy Cornerstone.
| 11/18/2025 |
| 02/16/2026 |
If you would invest 0.00 in Hennessy Cornerstone on November 18, 2025 and sell it all today you would earn a total of 0.00 from holding Hennessy Nerstone Mid or generate 0.0% return on investment in Hennessy Cornerstone over 90 days. Hennessy Cornerstone is related to or competes with Prudential Health, Eaton Vance, T Rowe, Alphacentric Lifesci, Tekla Healthcare, Alger Health, and Putnam Global. The fund normally invests at least 80 percent of its net assets in mid-cap growth-oriented common stocks by utilizing a ... More
Hennessy Cornerstone Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hennessy Cornerstone's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hennessy Nerstone Mid upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0164 | |||
| Maximum Drawdown | 7.45 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.33 |
Hennessy Cornerstone Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hennessy Cornerstone's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hennessy Cornerstone's standard deviation. In reality, there are many statistical measures that can use Hennessy Cornerstone historical prices to predict the future Hennessy Cornerstone's volatility.| Risk Adjusted Performance | 0.057 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.0594 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hennessy Cornerstone's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hennessy Cornerstone February 16, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.057 | |||
| Market Risk Adjusted Performance | 0.0694 | |||
| Mean Deviation | 1.1 | |||
| Semi Deviation | 1.34 | |||
| Downside Deviation | 1.52 | |||
| Coefficient Of Variation | 1534.02 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.06 | |||
| Information Ratio | 0.0164 | |||
| Jensen Alpha | (0.0007) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | 0.0594 | |||
| Maximum Drawdown | 7.45 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.33 | |||
| Downside Variance | 2.32 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.12) | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.4354 |
Hennessy Nerstone Mid Backtested Returns
At this stage we consider Hennessy Mutual Fund to be very steady. Hennessy Nerstone Mid holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hennessy Nerstone Mid, which you can use to evaluate the volatility of the entity. Please check out Hennessy Cornerstone's Downside Deviation of 1.52, risk adjusted performance of 0.057, and Market Risk Adjusted Performance of 0.0694 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. The fund retains a Market Volatility (i.e., Beta) of 1.4, 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 Cornerstone will likely underperform.
Auto-correlation | 0.33 |
Below average predictability
Hennessy Nerstone Mid has below average predictability. Overlapping area represents the amount of predictability between Hennessy Cornerstone time series from 18th of November 2025 to 2nd of January 2026 and 2nd of January 2026 to 16th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hennessy Nerstone Mid price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Hennessy Cornerstone price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hennessy Mutual Fund
Hennessy Cornerstone 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 Cornerstone security.
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