Hennessy Large Cap Fund Price on May 9, 2023

If you're considering investing in Hennessy Mutual Fund, it is important to understand the factors that can impact its price. Hennessy Large Cap holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found zero technical indicators for Hennessy Large Cap, which you can use to evaluate the volatility of the entity.
  
Hennessy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
HILFX
Based on monthly moving average Hennessy Large is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hennessy Large by adding Hennessy Large to a well-diversified portfolio.

Hennessy Large Valuation on May 9, 2023

It is possible to determine the worth of Hennessy Large on a given historical date. On May 9, 2023 Hennessy was worth 18.44 at the beginning of the trading date compared to the closed value of 18.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hennessy Large mutual fund. Still, in general, we apply an absolute valuation method to find Hennessy Large's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hennessy Large where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hennessy Large's related companies.
 Open High Low Close Volume
  18.56    18.56    18.56    18.56    1.00  
05/09/2023
  18.44    18.44    18.44    18.44    1.00  
  18.25    18.25    18.25    18.25    1.00  
Backtest Hennessy Large  |  Hennessy Large History  |  Hennessy Large Valuation   PreviousNext  
Open Value
18.44
18.44
Closing Value
24.08
Upside

Hennessy Large Trading Date Momentum on May 9, 2023

On May 10 2023 Hennessy Large Cap was traded for  18.25  at the closing time. The highest daily price throughout the period was 18.25  and the lowest price was  18.25 . There was no trading activity during the period 1.0. Lack of trading volume on 05/10/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.03% . The trading delta at closing time to current closing price is 2.22% .

Hennessy Large Cap Fundamentals Correlations and Trends

By evaluating Hennessy Large's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hennessy Large's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hennessy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hennessy Large Mutual Fund history

Hennessy Large investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hennessy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hennessy Large Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hennessy Large stock prices may prove useful in developing a viable investing in Hennessy Large
The fund invests primarily in companies listed on U.S. national securities exchanges and in foreign companies through American Depositary Receipts or other types of depositary receipts, which are U.S. dollar denominated securities of foreign issuers listed on U.S. national securities exchanges. Hennessy Large is traded on NASDAQ Exchange in the United States.

Hennessy Large Mutual Fund Technical Analysis

Hennessy Large technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Hennessy Large technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hennessy Large trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hennessy Large Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hennessy Large Cap cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Hennessy Large December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Hennessy Large mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hennessy Large shares will generate the highest return on investment. By undertsting and applying Hennessy Large mutual fund market strength indicators, traders can identify Hennessy Large Cap entry and exit signals to maximize returns

Hennessy Large Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hennessy Large's price direction in advance. Along with the technical and fundamental analysis of Hennessy Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hennessy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Hennessy Mutual Fund

Hennessy Large 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 Large security.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites