Hennessy Total Return Fund Manager Performance Evaluation
| HDOGX Fund | USD 13.62 0.08 0.59% |
The fund retains a Market Volatility (i.e., Beta) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hennessy Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hennessy Total is expected to be smaller as well.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Hennessy Total Return are ranked lower than 1 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Hennessy Total is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 3.3700 |
Hennessy |
Hennessy Total Relative Risk vs. Return Landscape
If you would invest 1,357 in Hennessy Total Return on August 26, 2024 and sell it today you would earn a total of 5.00 from holding Hennessy Total Return or generate 0.37% return on investment over 90 days. Hennessy Total Return is currently producing 0.0069% returns and takes up 0.5111% volatility of returns over 90 trading days. Put another way, 4% of traded mutual funds are less volatile than Hennessy, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hennessy Total Current Valuation
Fairly Valued
Today
Please note that Hennessy Total's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Hennessy Total Return retains a regular Real Value of $13.62 per share. The prevalent price of the fund is $13.62. We determine the value of Hennessy Total Return from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Hennessy Total is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hennessy Mutual Fund. However, Hennessy Total's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 13.62 | Real 13.62 | Hype 13.62 | Naive 13.64 |
The intrinsic value of Hennessy Total's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Hennessy Total's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Hennessy Total Return helps investors to forecast how Hennessy mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Hennessy Total more accurately as focusing exclusively on Hennessy Total's fundamentals will not take into account other important factors: Hennessy Total Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hennessy Total's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hennessy Total Return, and traders can use it to determine the average amount a Hennessy Total's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0136
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDOGX |
Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Hennessy Total is performing at about 1% 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 Total by adding it to a well-diversified portfolio.
Hennessy Total Fundamentals Growth
Hennessy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hennessy Total, and Hennessy Total fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hennessy Mutual Fund performance.
| Price To Earning | 22.37 X | ||||
| Price To Book | 3.25 X | ||||
| Price To Sales | 1.65 X | ||||
About Hennessy Total Performance
Evaluating Hennessy Total's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hennessy Total has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hennessy Total has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests in the 10 highest dividend-yielding Dow Jones Industrial Average stocks , and in U.S. Treasury securities with a maturity of less than one year. It invests approximately 50 percent of its assets in the 10 Dogs of the Dow stocks in roughly equal dollar amounts and approximately 50 percent of its assets in U.S. Treasury securities with a maturity of less than one year. The fund is non-diversified.Things to note about Hennessy Total Return performance evaluation
Checking the ongoing alerts about Hennessy Total for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hennessy Total Return help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 61.2% of its assets under management (AUM) in cash |
- Analyzing Hennessy Total's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hennessy Total's stock is overvalued or undervalued compared to its peers.
- Examining Hennessy Total's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hennessy Total's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hennessy Total's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hennessy Total's mutual fund. These opinions can provide insight into Hennessy Total's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hennessy Mutual Fund
Hennessy Total 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 Total security.
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