Icahn Enterprises Hits Rough Patch With Q3 Earnings Miss, Dividend Cut Eyes Larger Stake In CVR Energy
| HIMDX Fund | USD 24.13 0.51 2.07% |
Slightly above 61% of Hennessy Nerstone's investor base is looking to short. The analysis of overall sentiment of trading Hennessy Nerstone Mid mutual fund suggests that many investors are alarmed at this time. Hennessy Nerstone's investing sentiment can be driven by a variety of factors including economic data, Hennessy Nerstone's earnings reports, geopolitical events, and overall market trends.
Hennessy |
Icahn Enterprises L.P. shares are trading lower on Friday. The company reported third-quarter earnings per unit of 5 cents, missing the street view of 21 cents. Quarterly sales of 2.22 billion missed the analyst consensus estimate of 2.32 billion. As of October 31, the firm had approximately 2.3 billion between cash and equivalents at the holding company and the investment funds. In the third quarter, net income attributable to IEP was 22 million, which is an improvement of 28
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Hennessy Nerstone Fundamental Analysis
We analyze Hennessy Nerstone's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hennessy Nerstone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hennessy Nerstone based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Hennessy Nerstone is currently under evaluation in total asset among similar funds. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Hennessy Nerstone Mid Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hennessy Nerstone mutual fund to make a market-neutral strategy. Peer analysis of Hennessy Nerstone could also be used in its relative valuation, which is a method of valuing Hennessy Nerstone by comparing valuation metrics with similar companies.
Peers
Hennessy Nerstone Related Equities
| TOWTX | Towpath Technology | 0.84 |
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| JGLTX | Global Technology | 1.15 |
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| MTCCX | Mfs Technology | 1.25 |
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| VITAX | Vanguard Information | 1.54 |
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| USTCX | Science Technology | 1.60 |
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| ITYYX | Invesco Technology | 1.62 |
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| TEPIX | Technology Ultrasector | 10.71 |
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| BIPIX | Biotechnology Ultrasector | 23.56 |
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Other Information on Investing in Hennessy Mutual Fund
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