Hennessy Balanced Fund Price History

HBFBX Fund  USD 11.82  0.04  0.34%   
Below is the normalized historical share price chart for Hennessy Balanced Fund extending back to October 10, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hennessy Balanced stands at 11.82, as last reported on the 27th of December, with the highest price reaching 11.82 and the lowest price hitting 11.82 during the day.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hennessy Mutual Fund, it is important to understand the factors that can impact its price. Hennessy Balanced holds Efficiency (Sharpe) Ratio of -0.16, which attests that the entity had a -0.16% return per unit of risk over the last 3 months. Hennessy Balanced exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hennessy Balanced's Risk Adjusted Performance of (0.12), standard deviation of 0.3737, and Market Risk Adjusted Performance of (0.83) to validate the risk estimate we provide.
  
Hennessy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1572

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Estimated Market Risk

 0.37
  actual daily
3
97% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hennessy Balanced 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 Balanced by adding Hennessy Balanced to a well-diversified portfolio.

Hennessy Balanced Mutual Fund Price History Chart

There are several ways to analyze Hennessy Balanced Fund price data. The simplest method is using a basic Hennessy candlestick price chart, which shows Hennessy Balanced price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 16, 202412.37
Lowest PriceDecember 19, 202411.73

Hennessy Balanced December 27, 2024 Mutual Fund Price Synopsis

Various analyses of Hennessy Balanced's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hennessy Mutual Fund. It can be used to describe the percentage change in the price of Hennessy Balanced from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hennessy Mutual Fund.
Hennessy Balanced Price Rate Of Daily Change 1.00 
Hennessy Balanced Price Action Indicator 0.02 

Hennessy Balanced December 27, 2024 Mutual Fund Price Analysis

When benchmark price declines in a down market, there may be an uptick in Hennessy Balanced Fund price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Hennessy Balanced intraday prices and daily technical indicators to check the level of noise trading in Hennessy Balanced Fund and then apply it to test your longer-term investment strategies against Hennessy.

Hennessy Mutual Fund Price History Data

The price series of Hennessy Balanced for the period between Sat, Sep 28, 2024 and Fri, Dec 27, 2024 has a statistical range of 0.64 with a coefficient of variation of 1.3. Under current investment horizon, the daily prices are spread out with arithmetic mean of 12.12. The median price for the last 90 days is 12.15. The company completed dividends distribution on 31st of March 2020.
OpenHighLowCloseVolume
12/27/2024
 11.82  11.82  11.82  11.82 
12/24/2024 11.82  11.82  11.82  11.82  1.00 
12/23/2024 11.78  11.78  11.78  11.78  1.00 
12/20/2024 11.77  11.77  11.77  11.77  1.00 
12/19/2024 11.73  11.73  11.73  11.73  1.00 
12/18/2024 11.74  11.74  11.74  11.74  1.00 
12/17/2024 11.86  11.86  11.86  11.86  1.00 
12/16/2024 11.86  11.86  11.86  11.86  1.00 
12/13/2024 11.94  11.94  11.94  11.94  1.00 
12/12/2024 11.96  11.96  11.96  11.96  1.00 
12/11/2024 11.94  11.94  11.94  11.94  1.00 
12/10/2024 11.98  11.98  11.98  11.98  1.00 
12/09/2024 12.00  12.00  12.00  12.00  1.00 
12/06/2024 12.01  12.01  12.01  12.01  1.00 
12/05/2024 12.03  12.03  12.03  12.03  1.00 
12/04/2024 12.15  12.15  12.15  12.15  1.00 
12/03/2024 12.20  12.20  12.20  12.20  1.00 
12/02/2024 12.20  12.20  12.20  12.20  1.00 
11/29/2024 12.23  12.23  12.23  12.23  1.00 
11/27/2024 12.22  12.22  12.22  12.22  1.00 
11/26/2024 12.22  12.22  12.22  12.22  1.00 
11/25/2024 12.22  12.22  12.22  12.22  1.00 
11/22/2024 12.17  12.17  12.17  12.17  1.00 
11/21/2024 12.12  12.12  12.12  12.12  1.00 
11/20/2024 12.05  12.05  12.05  12.05  1.00 
11/19/2024 12.00  12.00  12.00  12.00  1.00 
11/18/2024 12.02  12.02  12.02  12.02  1.00 
11/15/2024 11.99  11.99  11.99  11.99  1.00 
11/14/2024 12.04  12.04  12.04  12.04  1.00 
11/13/2024 12.08  12.08  12.08  12.08  1.00 
11/12/2024 12.04  12.04  12.04  12.04  1.00 
11/11/2024 12.14  12.14  12.14  12.14  1.00 
11/08/2024 12.14  12.14  12.14  12.14  1.00 
11/07/2024 12.15  12.15  12.15  12.15  1.00 
11/06/2024 12.17  12.17  12.17  12.17  1.00 
11/05/2024 12.06  12.06  12.06  12.06  1.00 
11/04/2024 12.02  12.02  12.02  12.02  1.00 
11/01/2024 12.06  12.06  12.06  12.06  1.00 
10/31/2024 12.06  12.06  12.06  12.06  1.00 
10/30/2024 12.04  12.04  12.04  12.04  1.00 
10/29/2024 12.07  12.07  12.07  12.07  1.00 
10/28/2024 12.12  12.12  12.12  12.12  1.00 
10/25/2024 12.08  12.08  12.08  12.08  1.00 
10/24/2024 12.15  12.15  12.15  12.15  1.00 
10/23/2024 12.22  12.22  12.22  12.22  1.00 
10/22/2024 12.25  12.25  12.25  12.25  1.00 
10/21/2024 12.30  12.30  12.30  12.30  1.00 
10/18/2024 12.37  12.37  12.37  12.37  1.00 
10/17/2024 12.36  12.36  12.36  12.36  1.00 
10/16/2024 12.37  12.37  12.37  12.37  1.00 
10/15/2024 12.32  12.32  12.32  12.32  1.00 
10/14/2024 12.31  12.31  12.31  12.31  1.00 
10/11/2024 12.30  12.30  12.30  12.30  1.00 
10/10/2024 12.25  12.25  12.25  12.25  1.00 
10/09/2024 12.27  12.27  12.27  12.27  1.00 
10/08/2024 12.21  12.21  12.21  12.21  1.00 
10/07/2024 12.22  12.22  12.22  12.22  1.00 
10/04/2024 12.25  12.25  12.25  12.25  1.00 
10/03/2024 12.23  12.23  12.23  12.23  1.00 
10/02/2024 12.25  12.25  12.25  12.25  1.00 
10/01/2024 12.26  12.26  12.26  12.26  1.00 

About Hennessy Balanced Mutual Fund history

Hennessy Balanced 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 Balanced 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 Balanced stock prices may prove useful in developing a viable investing in Hennessy Balanced
The fund invests approximately 50 percent of its assets in roughly equal dollar amounts in the 10 highest dividend-yielding Dow Jones Industrial Average stocks , but limits exposure to market risk and volatility by investing approximately 50 percent of its assets in U.S. Treasury securities with a maturity of less than one year. It is non-diversified.

Hennessy Balanced Mutual Fund Technical Analysis

Hennessy Balanced 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 Balanced technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hennessy Balanced 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...

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Hennessy Balanced Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hennessy Balanced'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 Balanced 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 Balanced security.
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