Industry description
The investment seeks capital appreciation.
Under normal circumstances, the fund invests at least 80% of its net assets in securities of small-cap companies principally engaged in the business of providing financial services. The fund's manager considers a small-cap company to be one that has a market capitalization of less than $3 billion, measured at the time of purchase. It will not invest more than 5% of its total assets in the equity-related securities of any one company that derives more than 15% of its revenues from brokerage or investment management activities. The fund is non-diversified.
Market Cap
The average market capitalization across the Hennessy Small Cap Financial Instl MF is 1.61B. The market cap for tickers in the group ranges from 165.53M to 3.23B. ASB holds the highest valuation in this group at 3.23B. The lowest valued company is WNEB at 165.53M.
Volume
The average weekly volume growth across all stocks in the Hennessy Small Cap Financial Instl MF was -12%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was 40%
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: 19
Price Growth Rating: 42
SMR Rating: 19
Profit Risk Rating: 73
Seasonality Score: 52 (-100 ... +100)