Hennessy Balanced Fund Statistic Functions Linear Regression

HBFBX Fund  USD 12.17  0.05  0.41%   
Hennessy Balanced statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Hennessy Balanced. Hennessy Balanced value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression function function is designed to identify and follow existing trends. Hennessy Balanced statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was two with a total number of output elements of fifty-nine. The Linear Regression model generates relationship between price series of Hennessy Balanced and its peer or benchmark and helps predict Hennessy Balanced future price from its past values.

Hennessy Balanced Technical Analysis Modules

Most technical analysis of Hennessy Balanced help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hennessy from various momentum indicators to cycle indicators. When you analyze Hennessy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Hennessy Balanced Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hennessy Balanced Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Balanced Fund based on widely used predictive technical indicators. In general, we focus on analyzing Hennessy Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hennessy Balanced's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Hennessy Balanced's intrinsic value. In addition to deriving basic predictive indicators for Hennessy Balanced, we also check how macroeconomic factors affect Hennessy Balanced price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.8012.1712.54
Details
Intrinsic
Valuation
LowRealHigh
11.8012.1712.54
Details
Naive
Forecast
LowNextHigh
11.8112.1812.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.1112.1512.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hennessy Balanced. Your research has to be compared to or analyzed against Hennessy Balanced's peers to derive any actionable benefits. When done correctly, Hennessy Balanced's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hennessy Balanced.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hennessy Balanced in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hennessy Balanced's short interest history, or implied volatility extrapolated from Hennessy Balanced options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Gambling Idea
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Business Services
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Macroaxis Picks Idea
Macroaxis Picks
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FinTech Idea
FinTech
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ESG Investing Idea
ESG Investing
Invested few shares

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.
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