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HFCIX Hennessy Focus Institutional Forecast, Technical & Fundamental Analysis

Category MidCapBlend
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Applied Materials (NASDAQ:AMAT), American Tower Corp (NYSE:AMT).

Industry description

The investment seeks capital appreciation. The fund invests in (i) domestic companies whose securities are listed on U.S. national securities exchanges, (ii) foreign companies listed on U.S. national securities exchanges, (iii) foreign companies through American Depositary Receipts (“ADRs”), which are U.S. dollar-denominated securities of foreign issuers listed on U.S. national securities exchanges, and (iv) foreign companies traded on foreign exchanges. The fund is non-diversified.

Market Cap

The average market capitalization across the Hennessy Focus Institutional MF is 51.73B. The market cap for tickers in the group ranges from 54.29M to 173.36B. AMAT holds the highest valuation in this group at 173.36B. The lowest valued company is AHT at 54.29M.

Volume

The average weekly volume growth across all stocks in the Hennessy Focus Institutional MF was 103%. For the same stocks of the MF, the average monthly volume growth was 57% and the average quarterly volume growth was 55%

Fundamental Analysis Ratings

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

Valuation Rating: 69
P/E Growth Rating: 50
Price Growth Rating: 46
SMR Rating: 53
Profit Risk Rating: 49
Seasonality Score: 22 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapBlend

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

Correlation & Price change

A.I.dvisor indicates that over the last year, HFCIX has been closely correlated with PAMCX. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if HFCIX jumps, then PAMCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HFCIX
1D Price
Change %
HFCIX100%
-1.87%
PAMCX - HFCIX
79%
Closely correlated
-1.94%
RPTIX - HFCIX
78%
Closely correlated
-1.94%
TRQZX - HFCIX
78%
Closely correlated
-1.93%
RPMGX - HFCIX
78%
Closely correlated
-1.93%
RRMGX - HFCIX
78%
Closely correlated
-1.94%
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