Hennessy Gas Valuation
| GASFX Fund | USD 29.59 0.50 1.66% |
At this time, the entity appears to be undervalued. Hennessy Gas Utility retains a regular Real Value of $31.85 per share. The prevalent price of the fund is $29.59. We determine the value of Hennessy Gas Utility 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.
Undervalued
Today
Please note that Hennessy Gas' price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Hennessy Gas Utility retains a regular Real Value of $31.85 per share. The prevalent price of the fund is $29.59. We determine the value of Hennessy Gas Utility 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 Gas is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hennessy Mutual Fund. However, Hennessy Gas' 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 29.59 | Real 31.85 | Hype 29.59 | Naive 29.55 |
The intrinsic value of Hennessy Gas' 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 Gas' 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 Gas Utility 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 Gas more accurately as focusing exclusively on Hennessy Gas' fundamentals will not take into account other important factors: Hennessy Gas Total Value Analysis
Hennessy Gas Utility is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Hennessy Gas fundamentals before making investing decisions based on enterprise value of the companyHennessy Gas Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Hennessy suggests not a very effective usage of assets in December.About Hennessy Gas Valuation
Our relative valuation model uses a comparative analysis of Hennessy Gas. We calculate exposure to Hennessy Gas's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Hennessy Gas's related companies.The advisor intends to provide investment results that replicate the performance of the American Gas Association Stock Index. The index is maintained by the American Gas Association, a national trade association of natural gas distribution companies, and is licensed exclusively to the Manager for use as an investment strategy. The advisor intends to invest at least 85 percent of its net assets in the common stock of companies that have natural gas distribution and transmission operations and no attempt is made to actively manage the funds portfolio by using economic, financial, or market analysis.
Other Information on Investing in Hennessy Mutual Fund
Hennessy Gas 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 Gas security.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |