Hennessy Technology Fund Market Value
| HTECX Fund | USD 21.05 0.16 0.77% |
| Symbol | Hennessy |
Hennessy Technology '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 Technology'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 Technology.
| 11/21/2025 |
| 02/19/2026 |
If you would invest 0.00 in Hennessy Technology on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding Hennessy Technology Fund or generate 0.0% return on investment in Hennessy Technology over 90 days. Hennessy Technology is related to or competes with Black Oak, Hennessy Large, Hennessy Japan, Hennessy Small, and Firsthand Alternative. The fund invests primarily in companies whose securities are listed on U.S More
Hennessy Technology 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 Technology'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 Technology Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.0959 | |||
| Maximum Drawdown | 30.6 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 1.63 |
Hennessy Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hennessy Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hennessy Technology's standard deviation. In reality, there are many statistical measures that can use Hennessy Technology historical prices to predict the future Hennessy Technology's volatility.| Risk Adjusted Performance | 0.0938 | |||
| Jensen Alpha | 0.3449 | |||
| Total Risk Alpha | 0.2166 | |||
| Sortino Ratio | 0.2582 | |||
| Treynor Ratio | 0.3527 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hennessy Technology'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 Technology February 19, 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 | 0.0938 | |||
| Market Risk Adjusted Performance | 0.3627 | |||
| Mean Deviation | 1.41 | |||
| Semi Deviation | 1.0 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 920.03 | |||
| Standard Deviation | 3.63 | |||
| Variance | 13.2 | |||
| Information Ratio | 0.0959 | |||
| Jensen Alpha | 0.3449 | |||
| Total Risk Alpha | 0.2166 | |||
| Sortino Ratio | 0.2582 | |||
| Treynor Ratio | 0.3527 | |||
| Maximum Drawdown | 30.6 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 1.63 | |||
| Downside Variance | 1.82 | |||
| Semi Variance | 1.01 | |||
| Expected Short fall | (1.76) | |||
| Skewness | 6.73 | |||
| Kurtosis | 51.18 |
Hennessy Technology Backtested Returns
Hennessy Technology appears to be not too volatile, given 3 months investment horizon. Hennessy Technology holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. By evaluating Hennessy Technology's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Hennessy Technology's Downside Deviation of 1.35, market risk adjusted performance of 0.3627, and Risk Adjusted Performance of 0.0938 to validate if our risk estimates are consistent with your expectations. The fund retains a Market Volatility (i.e., Beta) of 1.09, which attests to a somewhat significant risk relative to the market. Hennessy Technology returns are very sensitive to returns on the market. As the market goes up or down, Hennessy Technology is expected to follow.
Auto-correlation | -0.43 |
Modest reverse predictability
Hennessy Technology Fund has modest reverse predictability. Overlapping area represents the amount of predictability between Hennessy Technology time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th 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 Technology price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Hennessy Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
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 Technology 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 Technology security.
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