Hennessy Balanced Fund Price History
HBFBX Fund | USD 12.22 0.05 0.41% |
Below is the normalized historical share price chart for Hennessy Balanced Fund extending back to October 10, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hennessy Balanced stands at 12.22, as last reported on the 27th of November, with the highest price reaching 12.22 and the lowest price hitting 12.22 during the day.
If you're considering investing in Hennessy Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Hennessy Mutual Fund to be very steady. Hennessy Balanced holds Efficiency (Sharpe) Ratio of 0.0576, which attests that the entity had a 0.0576% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hennessy Balanced, which you can use to evaluate the volatility of the entity. Please check out Hennessy Balanced's Risk Adjusted Performance of 0.0397, market risk adjusted performance of 0.3618, and Downside Deviation of 0.379 to validate if the risk estimate we provide is consistent with the expected return of 0.0216%.
Hennessy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Hennessy |
Sharpe Ratio = 0.0576
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HBFBX |
Estimated Market Risk
0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Hennessy Balanced is performing at about 4% 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 Balanced by adding it to a well-diversified portfolio.
Hennessy Balanced Mutual Fund Price History Chart
There are several ways to analyze Hennessy Balanced Fund price data. The simplest method is using a basic Hennessy candlestick price chart, which shows Hennessy Balanced price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 16, 2024 | 12.37 |
Lowest Price | September 6, 2024 | 11.94 |
Hennessy Balanced November 27, 2024 Mutual Fund Price Synopsis
Various analyses of Hennessy Balanced's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hennessy Mutual Fund. It can be used to describe the percentage change in the price of Hennessy Balanced from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hennessy Mutual Fund.Hennessy Balanced Price Rate Of Daily Change | 1.00 | |
Hennessy Balanced Price Action Indicator | 0.03 |
Hennessy Balanced November 27, 2024 Mutual Fund Price Analysis
Hennessy Mutual Fund Price History Data
The price series of Hennessy Balanced for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 0.43 with a coefficient of variation of 0.88. Under current investment horizon, the daily prices are spread out with arithmetic mean of 12.15. The median price for the last 90 days is 12.15. The company completed dividends distribution on 31st of March 2020.Open | High | Low | Close | Volume | ||
11/27/2024 | 12.22 | 12.22 | 12.22 | 12.22 | ||
11/26/2024 | 12.22 | 12.22 | 12.22 | 12.22 | 1.00 | |
11/25/2024 | 12.22 | 12.22 | 12.22 | 12.22 | 1.00 | |
11/22/2024 | 12.17 | 12.17 | 12.17 | 12.17 | 1.00 | |
11/21/2024 | 12.12 | 12.12 | 12.12 | 12.12 | 1.00 | |
11/20/2024 | 12.05 | 12.05 | 12.05 | 12.05 | 1.00 | |
11/19/2024 | 12.00 | 12.00 | 12.00 | 12.00 | 1.00 | |
11/18/2024 | 12.02 | 12.02 | 12.02 | 12.02 | 1.00 | |
11/15/2024 | 11.99 | 11.99 | 11.99 | 11.99 | 1.00 | |
11/14/2024 | 12.04 | 12.04 | 12.04 | 12.04 | 1.00 | |
11/13/2024 | 12.08 | 12.08 | 12.08 | 12.08 | 1.00 | |
11/12/2024 | 12.04 | 12.04 | 12.04 | 12.04 | 1.00 | |
11/11/2024 | 12.14 | 12.14 | 12.14 | 12.14 | 1.00 | |
11/08/2024 | 12.14 | 12.14 | 12.14 | 12.14 | 1.00 | |
11/07/2024 | 12.15 | 12.15 | 12.15 | 12.15 | 1.00 | |
11/06/2024 | 12.17 | 12.17 | 12.17 | 12.17 | 1.00 | |
11/05/2024 | 12.06 | 12.06 | 12.06 | 12.06 | 1.00 | |
11/04/2024 | 12.02 | 12.02 | 12.02 | 12.02 | 1.00 | |
11/01/2024 | 12.06 | 12.06 | 12.06 | 12.06 | 1.00 | |
10/31/2024 | 12.06 | 12.06 | 12.06 | 12.06 | 1.00 | |
10/30/2024 | 12.04 | 12.04 | 12.04 | 12.04 | 1.00 | |
10/29/2024 | 12.07 | 12.07 | 12.07 | 12.07 | 1.00 | |
10/28/2024 | 12.12 | 12.12 | 12.12 | 12.12 | 1.00 | |
10/25/2024 | 12.08 | 12.08 | 12.08 | 12.08 | 1.00 | |
10/24/2024 | 12.15 | 12.15 | 12.15 | 12.15 | 1.00 | |
10/23/2024 | 12.22 | 12.22 | 12.22 | 12.22 | 1.00 | |
10/22/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
10/21/2024 | 12.30 | 12.30 | 12.30 | 12.30 | 1.00 | |
10/18/2024 | 12.37 | 12.37 | 12.37 | 12.37 | 1.00 | |
10/17/2024 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
10/16/2024 | 12.37 | 12.37 | 12.37 | 12.37 | 1.00 | |
10/15/2024 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
10/14/2024 | 12.31 | 12.31 | 12.31 | 12.31 | 1.00 | |
10/11/2024 | 12.30 | 12.30 | 12.30 | 12.30 | 1.00 | |
10/10/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
10/09/2024 | 12.27 | 12.27 | 12.27 | 12.27 | 1.00 | |
10/08/2024 | 12.21 | 12.21 | 12.21 | 12.21 | 1.00 | |
10/07/2024 | 12.22 | 12.22 | 12.22 | 12.22 | 1.00 | |
10/04/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
10/03/2024 | 12.23 | 12.23 | 12.23 | 12.23 | 1.00 | |
10/02/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
10/01/2024 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
09/30/2024 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
09/27/2024 | 12.27 | 12.27 | 12.27 | 12.27 | 1.00 | |
09/26/2024 | 12.24 | 12.24 | 12.24 | 12.24 | 1.00 | |
09/25/2024 | 12.18 | 12.18 | 12.18 | 12.18 | 1.00 | |
09/24/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
09/23/2024 | 12.23 | 12.23 | 12.23 | 12.23 | 1.00 | |
09/20/2024 | 12.21 | 12.21 | 12.21 | 12.21 | 1.00 | |
09/19/2024 | 12.19 | 12.19 | 12.19 | 12.19 | 1.00 | |
09/18/2024 | 12.16 | 12.16 | 12.16 | 12.16 | 1.00 | |
09/17/2024 | 12.16 | 12.16 | 12.16 | 12.16 | 1.00 | |
09/16/2024 | 12.19 | 12.19 | 12.19 | 12.19 | 1.00 | |
09/13/2024 | 12.13 | 12.13 | 12.13 | 12.13 | 1.00 | |
09/12/2024 | 12.06 | 12.06 | 12.06 | 12.06 | 1.00 | |
09/11/2024 | 12.04 | 12.04 | 12.04 | 12.04 | 1.00 | |
09/10/2024 | 12.03 | 12.03 | 12.03 | 12.03 | 1.00 | |
09/09/2024 | 12.02 | 12.02 | 12.02 | 12.02 | 1.00 | |
09/06/2024 | 11.94 | 11.94 | 11.94 | 11.94 | 1.00 | |
09/05/2024 | 12.00 | 12.00 | 12.00 | 12.00 | 1.00 | |
09/04/2024 | 12.06 | 12.06 | 12.06 | 12.06 | 1.00 |
About Hennessy Balanced Mutual Fund history
Hennessy Balanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hennessy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hennessy Balanced will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hennessy Balanced stock prices may prove useful in developing a viable investing in Hennessy Balanced
The fund invests approximately 50 percent of its assets in roughly equal dollar amounts in the 10 highest dividend-yielding Dow Jones Industrial Average stocks , but limits exposure to market risk and volatility by investing approximately 50 percent of its assets in U.S. Treasury securities with a maturity of less than one year. It is non-diversified.
Hennessy Balanced Mutual Fund Technical Analysis
Hennessy Balanced technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Did you try this?
Run Portfolio Comparator Now
Portfolio ComparatorCompare the composition, asset allocations and performance of any two portfolios in your account |
All Next | Launch Module |
Hennessy Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hennessy Balanced's price direction in advance. Along with the technical and fundamental analysis of Hennessy Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hennessy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0397 | |||
Jensen Alpha | 0.0095 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.28) | |||
Treynor Ratio | 0.3518 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Balanced 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 Balanced security.
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |