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HFLGX Hennessy Cornerstone Large Growth Inv Forecast, Technical & Fundamental Analysis

The investment seeks long-term growth of capital... Show more

Category: #Mid-Cap Value
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Caterpillar (NYSE:CAT), Dell Technologies (NYSE:DELL), MARATHON PETROLEUM Corp (NYSE:MPC), Valero Energy Corp (NYSE:VLO), United Rentals (NYSE:URI), AutoZone (NYSE:AZO).

Industry description

The investment seeks long-term growth of capital. The fund invests in growth-oriented common stocks of larger companies by utilizing a quantitative formula known as the Cornerstone Large Growth Formula (the "Large Growth Formula"). It purchases 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Large Growth Formula, 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 Large Growth Inv MF is 107.23B. The market cap for tickers in the group ranges from 8.13B to 398.58B. CAT holds the highest valuation in this group at 398.58B. The lowest valued company is BLDR at 8.13B.

Volume

The average weekly volume growth across all stocks in the Hennessy Cornerstone Large Growth Inv MF was 18%. For the same stocks of the MF, the average monthly volume growth was 59% and the average quarterly volume growth was 21%

Fundamental Analysis Ratings

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

Valuation Rating: 63
P/E Growth Rating: 34
Price Growth Rating: 36
SMR Rating: 47
Profit Risk Rating: 25
Seasonality Score: 0 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapValue

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

Correlation & Price change

A.I.dvisor indicates that over the last year, HFLGX has been closely correlated with VIVAX. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if HFLGX jumps, then VIVAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HFLGX
1D Price
Change %
HFLGX100%
N/A
VIVAX - HFLGX
85%
Closely correlated
N/A
VIVIX - HFLGX
85%
Closely correlated
N/A
VVIAX - HFLGX
85%
Closely correlated
N/A
VMVAX - HFLGX
81%
Closely correlated
N/A
VMVIX - HFLGX
80%
Closely correlated
N/A
More
Hennessy Cornerstone Large Growth I (HFLGX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com