Hennessy Small Competition

HISFX Fund

USD 18.07 0.08 0.44%

Hennessy Small Cap competes with Champlain Small, The Hartford, Kinetics Small, Fisher Investments, and Small-midcap Dividend; as well as few others. The fund is listed under Financial category and is part of Hennessy family. Analyzing Hennessy Small competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Hennessy Small to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Hennessy Small Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Hennessy Small competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
15.88	18.07	20.26

Details

Intrinsic

Valuation

Low	Real	High
15.52	17.71	19.90

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hennessy Small. Your research has to be compared to or analyzed against Hennessy Small's peers to derive any actionable benefits. When done correctly, Hennessy Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hennessy Small Cap.

Hennessy Small Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hennessy Small and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Hennessy and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hennessy Small Cap does not affect the price movement of the other competitor.

	CIPNX	HSCYX	KSCYX	IUSCX	PMDDX	AATSX	RTOUX
CIPNX		0.93	0.91	0.9	0.89	0.95	0.89	CIPNX
HSCYX	0.93		0.89	0.91	0.92	0.98	0.93	HSCYX
KSCYX	0.91	0.89		0.85	0.92	0.94	0.87	KSCYX
IUSCX	0.9	0.91	0.85		0.96	0.91	0.99	IUSCX
PMDDX	0.89	0.92	0.92	0.96		0.95	0.98	PMDDX
AATSX	0.95	0.98	0.94	0.91	0.95		0.93	AATSX
RTOUX	0.89	0.93	0.87	0.99	0.98	0.93		RTOUX
	CIPNX	HSCYX	KSCYX	IUSCX	PMDDX	AATSX	RTOUX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Hennessy Mutual Fund performing well and Hennessy Small Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hennessy Small's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CIPNX	0.83	0.00	0.04	0.11	0.89	(0.88)	1.72	(1.65)	7.22
HSCYX	0.88	(0.03)	0.01	0.09	0.97	(0.95)	1.77	(1.57)	6.60
KSCYX	1.28	0.54	0.30	0.63	1.15	(1.49)	3.29	(2.03)	13.94
IUSCX	0.98	0.09	0.00	0.61	1.00	(1.20)	2.29	(1.69)	8.00
PMDDX	0.72	0.12	0.02	1.58	0.66	(0.86)	1.61	(1.31)	5.22
AATSX	0.79	0.05	0.07	0.16	0.75	(0.87)	2.10	(1.37)	4.86
RTOUX	0.81	0.10	0.00	0.75	0.84	(0.88)	1.78	(1.45)	6.26

Unable to evaluate fundamental data of [CIPNX, HSCYX, KSCYX, IUSCX, PMDDX, AATSX, RTOUX] at this time. Please try again later

All Fundamental Data

Hennessy Small Competitive Analysis

The better you understand Hennessy Small competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hennessy Small's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hennessy Small's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	HISFX	CIPNX	HSCYX	KSCYX	IUSCX	PMDDX	AATSX	RTOUX
	0.44 18.07 Hennessy	0.27 25.50 Champlain	0.35 31.39 The	2.91 231.51 Kinetics	0.81 13.50 Fisher	0.68 20.57 Small-midcap	0.22 22.67 Ancora/thelen	0.44 45.68 Tax-managed
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	OK	OK	OK	Strong	OK	OK	Good	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Strong Hold	Strong Buy	Cautious Hold	Strong Hold	Buy	Hold
Net Asset	68.27 M	2.52 B	640.37 M	300.6 M	206.85 K	1.28 B	145.94 M	708.97 M
Minimum Initial Investment	250 K	1000 K	N/A	1000 K	N/A	N/A	1.5 M	N/A
Price To Book	1.56 X	N/A	2.75 X	1.86 X	N/A	N/A	1.43 X	N/A
Five Year Return	12.26 %	9.27 %	9.16 %	31.97 %	N/A	8.83 %	13.28 %	9.39 %
One Year Return	48.08 %	32.07 %	36.42 %	100.00 %	N/A	32.04 %	38.94 %	29.52 %
Last Dividend Paid	0.27	N/A	N/A	0.35	N/A	0.03	0.09	N/A
Price To Earning	1.49 X	N/A	26.92 X	20.38 X	N/A	N/A	19.13 X	N/A
Price To Sales	5.72 X	N/A	1.95 X	0.71 X	N/A	N/A	0.41 X	N/A
Cash Position Weight	2.99 %	2.91 %	3.00 %	6.32 %	N/A	1.90 %	1.57 %	2.84 %
Equity Positions Weight	97.01 %	97.09 %	96.88 %	89.48 %	99.44 %	98.10 %	98.43 %	97.14 %
Three Year Return	3.90 %	1.99 %	(0.78) %	32.79 %	N/A	7.28 %	8.75 %	2.60 %
Annual Yield	0.03 %	N/A	N/A	0.01 %	0 %	0.01 %	0.01 %	0 %
Year To Date Return	23.97 %	19.47 %	21.25 %	100.00 %	N/A	19.48 %	26.98 %	15.86 %
Bond Positions Weight	N/A	N/A	N/A	N/A	0.56 %	N/A	N/A	N/A
Ten Year Return	3.77 %	12.14 %	12.21 %	10.69 %	N/A	N/A	N/A	9.19 %
Daily Balance Of Power	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)
Day Typical Price	18.07	25.5	31.39	231.51	13.5	20.57	22.67	45.68
Period Momentum Indicator	(0.08)	(0.07)	(0.11)	6.54	(0.11)	(0.14)	0.05	(0.20)
Rate Of Daily Change	1.0	1.0	1.0	1.03	0.99	0.99	1.0	1.0
Day Median Price	18.07	25.5	31.39	231.51	13.5	20.57	22.67	45.68
Price Action Indicator	(0.04)	(0.04)	(0.06)	3.27	(0.06)	(0.07)	0.025	(0.10)
Coefficient Of Variation	866.19	733.38	858.87	287.72	1105.85	675.76	548.14	902.23
Mean Deviation	1.32	0.8288	0.8843	1.28	0.9764	0.7202	0.7881	0.8058
Jensen Alpha	(0)	(0)	(0.03)	0.5449	0.0932	0.1237	0.0494	0.0983
Total Risk Alpha	(0.09)	(0.03)	(0.05)	0.3736	(0.09)	(0.01)	0.0243	(0.06)
Sortino Ratio	0.084	0.0356	0.0104	0.2988	(0.0006)	0.0222	0.0702	7.0E-4
Downside Variance	2.16	1.14	1.2	3.41	1.38	0.6624	1.03	0.9808
Standard Deviation	2.15	1.2	1.17	1.95	1.38	0.9693	1.08	1.14
Kurtosis	17.55	7.12	2.19	5.96	5.54	3.95	1.18	4.05
Potential Upside	3.05	1.72	1.77	3.29	2.29	1.61	2.1	1.78
Treynor Ratio	0.1136	0.1142	0.0944	0.6308	0.6145	1.58	0.1569	0.7534
Maximum Drawdown	16.69	7.22	6.6	13.94	8.0	5.22	4.86	6.26
Variance	4.64	1.44	1.38	3.79	1.9	0.9395	1.16	1.29
Market Risk Adjusted Performance	0.1236	0.1242	0.1044	0.6408	0.6245	1.59	0.1669	0.7634
Risk Adjusted Performance	0.0949	0.1081	0.0927	0.2724	0.0737	0.1155	0.1427	0.0882
Skewness	3.05	1.49	0.4855	0.9595	1.17	0.9982	0.4163	0.9678
Semi Deviation	1.22	0.8852	0.9733	1.15	0.9959	0.6593	0.7543	0.8411
Information Ratio	0.0573	0.0318	0.0097	0.2832	(0.0005)	0.0186	0.066	6.0E-4
Value At Risk	(2.30)	(1.65)	(1.57)	(2.03)	(1.69)	(1.31)	(1.37)	(1.45)
Expected Short fall	(1.50)	(0.88)	(0.95)	(1.49)	(1.20)	(0.86)	(0.87)	(0.88)
Downside Deviation	1.47	1.07	1.1	1.85	1.18	0.8139	1.01	0.9903
Semi Variance	1.5	0.7836	0.9473	1.32	0.9918	0.4347	0.569	0.7074

Hennessy Small Competition Performance Charts

Five steps to successful analysis of Hennessy Small Competition

Hennessy Small's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hennessy Small Cap in relation to its competition. Hennessy Small's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Hennessy Small in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hennessy Small's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hennessy Small Cap, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Hennessy Small position

In addition to having Hennessy Small in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 37 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.

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Other Information on Investing in Hennessy Mutual Fund

Hennessy Small 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 Small security.

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