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HNRGX Hennessy Energy Transition Investor Forecast, Technical & Fundamental Analysis

The investment seeks total return... Show more

Category: #Energy
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ExxonMobil Holdings Corporation (NYSE:XOM), Nextera Energy Inc (NYSE:NEE), Phillips 66 (NYSE:PSX), EOG Resources (NYSE:EOG), Freeport-McMoran (NYSE:FCX), Diamondback Energy (NASDAQ:FANG), Cheniere Energy (NYSE:LNG), EQT Corp (NYSE:EQT).

Industry description

The investment seeks total return. Under normal circumstances, the fund invests at least 80% of its net assets in companies operating in the United States across the full spectrum of the energy supply/demand value chain, including traditional upstream, midstream, and downstream energy companies, as well as renewable energy companies and energy end users. Investments consist primarily of common stocks. The fund may also invest up to 25% of its total assets in securities of energy-related master limited partnerships ("MLPs").

Market Cap

The average market capitalization across the Hennessy Energy Transition Investor MF is 139.85B. The market cap for tickers in the group ranges from 7.28B to 678.92B. XOM holds the highest valuation in this group at 678.92B. The lowest valued company is NOV at 7.28B.

Volume

The average weekly volume growth across all stocks in the Hennessy Energy Transition Investor MF was 19%. For the same stocks of the MF, the average monthly volume growth was -7% and the average quarterly volume growth was -28%

Fundamental Analysis Ratings

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

Valuation Rating: 58
P/E Growth Rating: 42
Price Growth Rating: 35
SMR Rating: 70
Profit Risk Rating: 28
Seasonality Score: -28 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Energy

Profile
Details
Category
Equity Energy
Address
Hennessy Funds Trust7250 Redwood Boulevard Suite 200Novato
Phone
N/A
Web
www.hennessyfunds.com
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HNRGX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HNRGX has been closely correlated with VENAX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if HNRGX jumps, then VENAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HNRGX
1D Price
Change %
HNRGX100%
+0.53%
VENAX - HNRGX
95%
Closely correlated
-0.07%
FSENX - HNRGX
95%
Closely correlated
N/A
VGENX - HNRGX
78%
Closely correlated
-0.80%
VGELX - HNRGX
78%
Closely correlated
-0.81%
FNARX - HNRGX
8%
Poorly correlated
N/A
Hennessy Energy Transition Investor (HNRGX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com