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HFCGX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$33.14
Change
-$0.27 (-0.81%)
Net Assets
558.87M

HFCGX Hennessy Cornerstone Growth Investor Forecast, Technical & Fundamental Analysis

Category SmallBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are YPF Sociedad Anonima (NYSE:YPF).

Industry description

The investment seeks long-term growth of capital. The fund may invest in any company whose securities are listed on a U.S. national securities exchange, including through ADRs, which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges. The fund invests in growth-oriented common stocks by utilizing a quantitative formula known as the Cornerstone Growth Strategy. It purchases these 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Growth Strategy, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.

Market Cap

The average market capitalization across the Hennessy Cornerstone Growth Investor MF is 14.53B. The market cap for tickers in the group ranges from 2.71B to 59.14B. SMCI holds the highest valuation in this group at 59.14B. The lowest valued company is GRBK at 2.71B.

Volume

The average weekly volume growth across all stocks in the Hennessy Cornerstone Growth Investor MF was -45%. For the same stocks of the MF, the average monthly volume growth was -40% and the average quarterly volume growth was -65%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 73
P/E Growth Rating: 51
Price Growth Rating: 48
SMR Rating: 37
Profit Risk Rating: 25
Seasonality Score: -6 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallBlend

Profile
Fundamentals
Details
Category
Small Blend
Address
Hennessy Funds Trust7250 Redwood Boulevard Suite 200Novato
Phone
N/A
Web
www.hennessyfunds.com
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HFCGX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HFCGX has been closely correlated with FTHFX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if HFCGX jumps, then FTHFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HFCGX
1D Price
Change %
HFCGX100%
-0.81%
FTHFX - HFCGX
88%
Closely correlated
-1.47%
VSMAX - HFCGX
78%
Closely correlated
-1.13%
VSCIX - HFCGX
78%
Closely correlated
-1.13%
NAESX - HFCGX
78%
Closely correlated
-1.13%
VSCPX - HFCGX
78%
Closely correlated
-1.13%
More