Hennessy Nerstone Financial Statements From 2010 to 2024
| HICVX Fund | USD 20.30 0.77 3.65% |
Check Hennessy Nerstone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hennessy Nerstone's main balance sheet or income statement drivers, such as , as well as many indicators such as . Hennessy financial statements analysis is a perfect complement when working with Hennessy Nerstone Valuation or Volatility modules.
Hennessy |
Hennessy Nerstone Value Mutual Fund Price To Sales Analysis
Hennessy Nerstone's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Hennessy Nerstone Price To Sales | 1.05 X |
Most of Hennessy Nerstone's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hennessy Nerstone Value is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Hennessy Nerstone Value has a Price To Sales of 1.05 times. This is much higher than that of the Hennessy family and significantly higher than that of the Large Value category. The price to sales for all United States funds is notably lower than that of the firm.
Hennessy Nerstone Value Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Nerstone's current stock value. Our valuation model uses many indicators to compare Hennessy Nerstone value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Nerstone competition to find correlations between indicators driving Hennessy Nerstone's intrinsic value. More Info.Hennessy Nerstone Value is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.51 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Hennessy Nerstone Value is roughly 1.97 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hennessy Nerstone's earnings, one of the primary drivers of an investment's value.About Hennessy Nerstone Financial Statements
Hennessy Nerstone investors use historical fundamental indicators, such as Hennessy Nerstone's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hennessy Nerstone. Please read more on our technical analysis and fundamental analysis pages.
The fund invests in larger, dividend-paying common stocks by utilizing a quantitative formula known as the Cornerstone Value Strategy . It purchases 50 stocks weighted equally by dollar amount, with 2 percent of the portfolios assets invested in each. Using the Value Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hennessy Mutual Fund
Hennessy Nerstone 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 Nerstone security.
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