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HNRIX
Mutual Fund ticker: NASDAQ
AS OF
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Price
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Net Assets
19.76M

HNRIX Hennessy Energy Transition Instl Forecast, Technical & Fundamental Analysis

Category Energy
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), ConocoPhillips (NYSE:COP), Schlumberger Limited (NYSE:SLB), EOG Resources (NYSE:EOG), Canadian Natural Resources Limited (NYSE:CNQ), Pioneer Natural Resource Co (NYSE:PXD), Cheniere Energy (ASE:LNG), Suncor Energy (NYSE:SU).

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 Instl MF is 77.16B. The market cap for tickers in the group ranges from 9.16B to 416.48B. XOM holds the highest valuation in this group at 416.48B. The lowest valued company is FTI at 9.16B.

Volume

The average weekly volume growth across all stocks in the Hennessy Energy Transition Instl MF was 10%. For the same stocks of the MF, the average monthly volume growth was -26% and the average quarterly volume growth was -22%

Fundamental Analysis Ratings

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

Valuation Rating: 52
P/E Growth Rating: 45
Price Growth Rating: 50
SMR Rating: 52
Profit Risk Rating: 47
Seasonality Score: -4 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Energy

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

Correlation & Price change

A.I.dvisor indicates that over the last year, HNRIX has been closely correlated with FIKAX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if HNRIX jumps, then FIKAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HNRIX
1D Price
Change %
HNRIX100%
+0.12%
FIKAX - HNRIX
97%
Closely correlated
+0.11%
FSENX - HNRIX
97%
Closely correlated
+0.10%
VENAX - HNRIX
96%
Closely correlated
-0.03%
VGENX - HNRIX
91%
Closely correlated
+0.27%
VGELX - HNRIX
91%
Closely correlated
+0.26%