Europe Sporting Goods Market Is Booming Worldwide 2024-2031 PUMA SE, Polar Electro, KETTLER
| HICGX Fund | USD 34.73 0.17 0.49% |
Slightly above 54% of Hennessy Nerstone's investor base is interested to short. The analysis of overall sentiment of trading Hennessy Nerstone Growth mutual fund suggests that many investors are impartial at this time. Hennessy Nerstone's investing sentiment can be driven by a variety of factors including economic data, Hennessy Nerstone's earnings reports, geopolitical events, and overall market trends.
Hennessy |
Europe Sporting Goods Market Is Booming Worldwide 2024-2031 PUMA SE, Polar Electro, KETTLER
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Hennessy Nerstone Fundamental Analysis
We analyze Hennessy Nerstone's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hennessy Nerstone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hennessy Nerstone 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.
Cash Position Weight
Cash Position Weight Comparative Analysis
Hennessy Nerstone is rated below average in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Hennessy Nerstone Growth 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 Nerstone mutual fund to make a market-neutral strategy. Peer analysis of Hennessy Nerstone could also be used in its relative valuation, which is a method of valuing Hennessy Nerstone by comparing valuation metrics with similar companies.
Peers
Hennessy Nerstone Related Equities
| HILFX | Hennessy Large | 1.78 | ||||
| HISFX | Hennessy Small | 0.92 | ||||
| HICVX | Hennessy Nerstone | 0.68 | ||||
| HILGX | Hennessy Cornerstone | 0.60 | ||||
| HJPIX | Hennessy Japan | 0.59 | ||||
| HICGX | Hennessy Nerstone | 0.49 | ||||
| HIMDX | Hennessy Nerstone | 0.45 | ||||
| HJSIX | Hennessy Japan | 0.43 | ||||
| HJPSX | Hennessy Japan | 0.30 | ||||
| HJPNX | Hennessy Japan | 0.07 |
Other Information on Investing in Hennessy Mutual Fund
Hennessy Nerstone 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 Nerstone security.
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |