Apple Stock Falls Amid Market Uptick What Investors Need to Know
HEIFX Fund | USD 14.10 0.05 0.35% |
Slightly above 67% of Hennessy Equity's investor base is looking to short. The analysis of overall sentiment of trading Hennessy Equity And mutual fund suggests that many investors are alarmed at this time. Hennessy Equity's investing sentiment can be driven by a variety of factors including economic data, Hennessy Equity's earnings reports, geopolitical events, and overall market trends.
Hennessy |
The latest trading day saw Apple settling at 243.36, representing a -0.2 percent change from its previous close.
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Hennessy Equity Fundamental Analysis
We analyze Hennessy Equity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hennessy Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hennessy Equity 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.
Price To Book
Price To Book Comparative Analysis
Hennessy Equity is currently under evaluation in price to book among similar funds. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Hennessy Equity And 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 Equity mutual fund to make a market-neutral strategy. Peer analysis of Hennessy Equity could also be used in its relative valuation, which is a method of valuing Hennessy Equity by comparing valuation metrics with similar companies.
Peers
Hennessy Equity Related Equities
GLRBX | James Balanced | 0.75 | ||||
MAPOX | Mairs Power | 0.06 | ||||
BUFBX | Buffalo Flexible | 0.29 | ||||
VILLX | Villere Balanced | 0.39 | ||||
HFCSX | Hennessy Focus | 0.66 |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Equity 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 Equity security.
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