Hennessy Bp Midstream Fund Manager Performance Evaluation

HMSIX Fund  USD 13.82  0.09  0.66%   
The fund retains a Market Volatility (i.e., Beta) of -0.0772, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hennessy are expected to decrease at a much lower rate. During the bear market, Hennessy is likely to outperform the market.

Risk-Adjusted Performance

Good

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Hennessy Bp Midstream are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward indicators, Hennessy may actually be approaching a critical reversion point that can send shares even higher in March 2026.
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Expense Ratio Date28th of February 2025
Expense Ratio1.5000
  

Hennessy Relative Risk vs. Return Landscape

If you would invest  1,239  in Hennessy Bp Midstream on November 30, 2025 and sell it today you would earn a total of  143.00  from holding Hennessy Bp Midstream or generate 11.54% return on investment over 90 days. Hennessy Bp Midstream is currently producing 0.1809% returns and takes up 0.962% volatility of returns over 90 trading days. Put another way, 8% of traded mutual funds are less volatile than Hennessy, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Hennessy is expected to generate 1.27 times more return on investment than the market. However, the company is 1.27 times more volatile than its market benchmark. It trades about 0.19 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.08 per unit of risk.

Hennessy Current Valuation

Overvalued
Today
13.82
Please note that Hennessy's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Hennessy Bp Midstream retains a regular Real Value of $12.54 per share. The prevalent price of the fund is $13.82. We determine the value of Hennessy Bp Midstream 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 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hennessy Mutual Fund. However, Hennessy'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  13.82 Real  12.54 Hype  14.13 Naive  13.67
The intrinsic value of Hennessy'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'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.
12.54
Real Value
15.20
Upside
Estimating the potential upside or downside of Hennessy Bp Midstream 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 more accurately as focusing exclusively on Hennessy's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.2514.0314.52
Details
Hype
Prediction
LowEstimatedHigh
13.1614.1315.10
Details
Naive
Forecast
LowNext ValueHigh
12.7013.6714.64
Details
Below is the normalized historical share price chart for Hennessy Bp Midstream extending back to October 29, 2018. 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 stands at 13.82, as last reported on the 28th of February, with the highest price reaching 13.82 and the lowest price hitting 13.82 during the day.
 
Covid
 
Interest Hikes

Hennessy Target Price Odds to finish over Current Price

The tendency of Hennessy Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 13.82 90 days 13.82 
about 7.83
Based on a normal probability distribution, the odds of Hennessy to move above the current price in 90 days from now is about 7.83 (This Hennessy Bp Midstream probability density function shows the probability of Hennessy Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Hennessy Bp Midstream has a beta of -0.0772. This usually indicates as returns on the benchmark increase, returns on holding Hennessy are expected to decrease at a much lower rate. During a bear market, however, Hennessy Bp Midstream is likely to outperform the market. Additionally Hennessy Bp Midstream has an alpha of 0.1959, implying that it can generate a 0.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Hennessy Price Density   
       Price  

Predictive Modules for Hennessy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hennessy Bp Midstream. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
13.1614.1315.10
Details
Intrinsic
Valuation
LowRealHigh
11.5712.5415.20
Details
Naive
Forecast
LowNextHigh
12.7013.6714.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.2514.0314.52
Details

Hennessy Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hennessy is not an exception. The market had few large corrections towards the Hennessy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hennessy Bp Midstream, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hennessy within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.20
β
Beta against Dow Jones-0.08
σ
Overall volatility
0.72
Ir
Information ratio 0.12

Hennessy Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hennessy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hennessy Bp Midstream can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains 99.57% of its assets under management (AUM) in equities

Hennessy Fundamentals Growth

Hennessy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hennessy, and Hennessy 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.

About Hennessy Performance

Evaluating Hennessy's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hennessy 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 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in midstream energy infrastructure companies. Investments consist primarily of master limited partnerships and common stocks. The fund may also invest in securities such as preferred stocks, warrants, equity-like instruments, and debt instruments. It is non-diversified.

Things to note about Hennessy Bp Midstream performance evaluation

Checking the ongoing alerts about Hennessy for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hennessy Bp Midstream 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 99.57% of its assets under management (AUM) in equities
Evaluating Hennessy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Hennessy's mutual fund performance include:
  • Analyzing Hennessy'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's stock is overvalued or undervalued compared to its peers.
  • Examining Hennessy'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's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hennessy's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Hennessy's mutual fund. These opinions can provide insight into Hennessy's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Hennessy's mutual fund performance is not an exact science, and many factors can impact Hennessy's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Hennessy Mutual Fund

Hennessy 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 security.
Volatility Analysis
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