Hennessy Balanced Financials
| HBFBX Fund | USD 11.96 0.02 0.17% |
Hennessy |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Hennessy Balanced Fund Summary
Hennessy Balanced competes with Hennessy Total, Hennessy Nerstone, Hennessy Nerstone, Villere Balanced, and Icon Financial. 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.Specialization | Allocation--30% to 50% Equity, Large Value |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Hennessy Funds Trust |
| Mutual Fund Family | Hennessy |
| Mutual Fund Category | Allocation--30% to 50% Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 800 966 4354 |
| Currency | USD - US Dollar |
Hennessy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hennessy Balanced's current stock value. Our valuation model uses many indicators to compare Hennessy Balanced value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hennessy Balanced competition to find correlations between indicators driving Hennessy Balanced's intrinsic value. More Info.Hennessy Balanced Fund is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.15 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Hennessy Balanced Fund is roughly 6.64 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hennessy Balanced's earnings, one of the primary drivers of an investment's value.Hennessy Balanced Systematic Risk
Hennessy Balanced's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hennessy Balanced volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Hennessy Balanced correlated with the market. If Beta is less than 0 Hennessy Balanced generally moves in the opposite direction as compared to the market. If Hennessy Balanced Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Balanced is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hennessy Balanced is generally in the same direction as the market. If Beta > 1 Hennessy Balanced moves generally in the same direction as, but more than the movement of the benchmark.
Hennessy Balanced December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hennessy Balanced help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hennessy Balanced Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hennessy Balanced Fund based on widely used predictive technical indicators. In general, we focus on analyzing Hennessy Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hennessy Balanced's daily price indicators and compare them against related drivers.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.9 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.4946 |
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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