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HFCVX Hennessy Cornerstone Value Investor Forecast, Technical & Fundamental Analysis

Category LargeValue
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM), Bank of America Corp (NYSE:BAC), International Business Machines Corp (NYSE:IBM), Wells Fargo & Co (NYSE:WFC), Citigroup (NYSE:C), Canadian Natural Resources Limited (NYSE:CNQ).

Industry description

The investment seeks total return, consisting of capital appreciation and current income. The fund invests in larger, dividend-paying common stocks by utilizing a quantitative formula known as the Cornerstone Value Strategy (the "Value Strategy"). It purchases 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Value 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 Value Investor MF is 218.91B. The market cap for tickers in the group ranges from 37.33B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is CVE at 37.33B.

Volume

The average weekly volume growth across all stocks in the Hennessy Cornerstone Value Investor MF was -12%. For the same stocks of the MF, the average monthly volume growth was 27% and the average quarterly volume growth was 43%

Fundamental Analysis Ratings

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

Valuation Rating: 54
P/E Growth Rating: 31
Price Growth Rating: 34
SMR Rating: 39
Profit Risk Rating: 31
Seasonality Score: 31 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category LargeValue

Profile
Fundamentals
Details
Category
Large Value
Address
Hennessy Funds Trust7250 Redwood Boulevard Suite 200Novato
Phone
N/A
Web
www.hennessyfunds.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
WOOSX20.060.29
+1.47%
JPMorgan SMID Cap Equity R6
PISYX13.120.13
+1.00%
Pioneer Intrinsic Value Y
JGYIX12.490.08
+0.64%
JHancock Global Shareholder Yield I
TOVIX17.820.07
+0.39%
American Beacon EAM Int Small Cap R5
JHBCX64.47N/A
N/A
JHancock Blue Chip Growth NAV

HFCVX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HFCVX has been closely correlated with VVIAX. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if HFCVX jumps, then VVIAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HFCVX
1D Price
Change %
HFCVX100%
+0.77%
VVIAX - HFCVX
87%
Closely correlated
+0.77%
VIVAX - HFCVX
87%
Closely correlated
+0.79%
VIVIX - HFCVX
87%
Closely correlated
+0.77%
DOXGX - HFCVX
82%
Closely correlated
+0.69%
DODGX - HFCVX
82%
Closely correlated
+0.68%
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