Hennessy Bp Midstream Fund Manager Performance Evaluation
| HMSFX Fund | USD 12.75 0.18 1.43% |
The fund retains a Market Volatility (i.e., Beta) of 0.72, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hennessy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hennessy is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Hennessy Bp Midstream are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Hennessy may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 1.7800 |
Hennessy |
Hennessy Relative Risk vs. Return Landscape
If you would invest 1,152 in Hennessy Bp Midstream on September 27, 2024 and sell it today you would earn a total of 123.00 from holding Hennessy Bp Midstream or generate 10.68% return on investment over 90 days. Hennessy Bp Midstream is currently producing 0.168% returns and takes up 1.1757% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than Hennessy, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hennessy Current Valuation
Undervalued
Today
Please note that Hennessy's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. Hennessy Bp Midstream retains a regular Real Value of $13.06 per share. The prevalent price of the fund is $12.75. We determine the value of Hennessy Bp Midstream 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 is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Hennessy Mutual Fund. However, Hennessy's 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 12.75 | Real 13.06 | Hype 12.75 | Naive 13.03 |
The intrinsic value of Hennessy's 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's 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 Bp Midstream 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 more accurately as focusing exclusively on Hennessy's fundamentals will not take into account other important factors: Hennessy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hennessy's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Hennessy Bp Midstream, and traders can use it to determine the average amount a Hennessy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1429
| Best Portfolio | Best Equity | |||
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| Small Returns | HMSFX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Hennessy is performing at about 11% of its full potential. 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 by adding it to a well-diversified portfolio.
Hennessy Fundamentals Growth
Hennessy Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Hennessy, and Hennessy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hennessy Mutual Fund performance.
| Total Asset | 15.79 M | ||||
About Hennessy Performance
Evaluating Hennessy's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Hennessy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hennessy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to 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.Things to note about Hennessy Bp Midstream performance evaluation
Checking the ongoing alerts about Hennessy for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Hennessy Bp Midstream help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 95.88% of its assets under management (AUM) in equities |
- Analyzing Hennessy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hennessy's stock is overvalued or undervalued compared to its peers.
- Examining Hennessy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hennessy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hennessy's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Hennessy's mutual fund. These opinions can provide insight into Hennessy's potential for growth and whether the stock is currently undervalued or overvalued.
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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