Hennessy Financial Statements From 2010 to 2024
| HMSFX Fund | USD 12.75 0.18 1.43% |
Check Hennessy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hennessy'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 Valuation or Volatility modules.
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Hennessy Bp Midstream Mutual Fund One Year Return Analysis
Hennessy's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Hennessy One Year Return | 35.25 % |
Most of Hennessy's fundamental indicators, such as One Year Return, 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 Bp Midstream is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Hennessy Bp Midstream has an One Year Return of 35.2519%. This is much higher than that of the Hennessy family and significantly higher than that of the Energy Limited Partnership category. The one year return for all United States funds is notably lower than that of the firm.
Hennessy Bp Midstream Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy's current stock value. Our valuation model uses many indicators to compare Hennessy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy competition to find correlations between indicators driving Hennessy's intrinsic value. More Info.Hennessy Bp Midstream is one of the top funds in annual yield among similar funds. It is rated # 4 fund in year to date return among similar funds creating about 452.37 of Year To Date Return per Annual Yield. 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's earnings, one of the primary drivers of an investment's value.About Hennessy Financial Statements
Hennessy investors use historical fundamental indicators, such as Hennessy'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. Please read more on 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.
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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 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.
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