Hennessy Japan Small Fund Price on October 11, 2024
| HJSIX Fund | USD 17.21 0.11 0.64% |
Below is the normalized historical share price chart for Hennessy Japan Small extending back to June 16, 2015. 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 Japan stands at 17.21, as last reported on the 14th of December 2024, with the highest price reaching 17.21 and the lowest price hitting 17.21 during the day.
If you're considering investing in Hennessy Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Hennessy Mutual Fund to be very steady. Hennessy Japan Small holds Efficiency (Sharpe) Ratio of 0.0095, which attests that the entity had a 0.0095% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Hennessy Japan Small, which you can use to evaluate the volatility of the entity. Please check out Hennessy Japan's Risk Adjusted Performance of 0.0101, market risk adjusted performance of 0.0103, and Downside Deviation of 1.03 to validate if the risk estimate we provide is consistent with the expected return of 0.0104%.
Hennessy Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Hennessy |
Sharpe Ratio = 0.0095
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HJSIX |
Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hennessy Japan 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 Japan by adding Hennessy Japan to a well-diversified portfolio.
Hennessy Japan Valuation on October 11, 2024
It is possible to determine the worth of Hennessy Japan on a given historical date. On October 11, 2024 Hennessy was worth 16.95 at the beginning of the trading date compared to the closed value of 16.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hennessy Japan mutual fund. Still, in general, we apply an absolute valuation method to find Hennessy Japan's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hennessy Japan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hennessy Japan's related companies.
| Open | High | Low | Close | Volume | |
| 17.01 | 17.01 | 17.01 | 17.01 | 1.00 | |
10/11/2024 | 16.95 | 16.95 | 16.95 | 16.95 | 1.00 |
| 16.96 | 16.96 | 16.96 | 16.96 | 1.00 |
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Hennessy Japan Trading Date Momentum on October 11, 2024
| On October 14 2024 Hennessy Japan Small was traded for 16.96 at the closing time. The highest daily price throughout the period was 16.96 and the lowest price was 16.96 . There was no trading activity during the period 1.0. Lack of trading volume on 10/14/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.06% . The trading delta at closing time to current closing price is 1.24% . |
Hennessy Japan Small Fundamentals Correlations and Trends
By evaluating Hennessy Japan's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hennessy Japan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hennessy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hennessy Japan Mutual Fund history
Hennessy Japan 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 Japan Small 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 Japan stock prices may prove useful in developing a viable investing in Hennessy Japan
The fund invests at least 80 percent of its net assets in equity securities of smaller Japanese companies, typically considered to be companies with market capitalizations in the bottom 20 percent of all publicly traded Japanese companies. The funds manager considers a Japanese company to be a company organized under the laws of Japan, for which the principal securities trading market is Japan, or that has a majority of its assets or business in Japan.
Hennessy Japan Mutual Fund Technical Analysis
Hennessy Japan 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.
Price Boundaries
Hennessy Japan Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Hennessy Japan Small cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hennessy Japan December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Hennessy Japan mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hennessy Japan shares will generate the highest return on investment. By undertsting and applying Hennessy Japan mutual fund market strength indicators, traders can identify Hennessy Japan Small entry and exit signals to maximize returns
Hennessy Japan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hennessy Japan'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.
| Risk Adjusted Performance | 0.0101 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 3.0E-4 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Japan 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 Japan security.
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