Hennessy Ad Stock Price on February 9, 2024
| HNNA Stock | USD 7.24 0.03 0.41% |
Below is the normalized historical share price chart for Hennessy Ad extending back to October 15, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hennessy stands at 7.24, as last reported on the 20th of May, with the highest price reaching 7.50 and the lowest price hitting 6.80 during the day.
If you're considering investing in Hennessy Stock, it is important to understand the factors that can impact its price. Hennessy Ad holds Efficiency (Sharpe) Ratio of -0.0207, which attests that the entity had a -0.0207% return per unit of risk over the last 24 months. Hennessy Ad exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hennessy's Risk Adjusted Performance of (0), standard deviation of 1.84, and Market Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
At present, Hennessy's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 176 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 6.5 M. . At present, Hennessy's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 11.21, whereas Price Earnings Ratio is forecasted to decline to 10.19. Hennessy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of October 2002 | 200 Day MA 6.7967 | 50 Day MA 6.9034 | Beta 0.768 |
Hennessy |
Sharpe Ratio = -0.0207
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Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hennessy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hennessy by adding Hennessy to a well-diversified portfolio.
Price Book 0.6216 | Enterprise Value Ebitda 3.7439 | Price Sales 2.2816 | Shares Float 4.1 M | Dividend Share 0.545 |
Hennessy Valuation on February 9, 2024
It is possible to determine the worth of Hennessy on a given historical date. On February 9, 2024 Hennessy was worth 6.79 at the beginning of the trading date compared to the closed value of 6.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hennessy stock. Still, in general, we apply an absolute valuation method to find Hennessy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hennessy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hennessy's related companies.
| Open | High | Low | Close | Volume | |
| 6.70 | 6.70 | 6.47 | 6.47 | 1,717 | |
02/09/2024 | 6.79 | 7.10 | 6.37 | 6.37 | 4,566 |
| 6.40 | 6.71 | 6.40 | 6.43 | 8,667 |
| Backtest Hennessy | | | Hennessy History | | | Hennessy Valuation | Previous | Next |
Hennessy Trading Date Momentum on February 9, 2024
| On February 12 2024 Hennessy Ad was traded for 6.43 at the closing time. The top price for the day was 6.71 and the lowest listed price was 6.40 . The trading volume for the day was 8.7 K. The trading history from February 12, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.94% . The trading delta at closing time against the current closing price is 5.18% . |
Hennessy Ad Fundamentals Correlations and Trends
By evaluating Hennessy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hennessy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hennessy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hennessy Stock history
Hennessy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hennessy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hennessy Ad will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hennessy stock prices may prove useful in developing a viable investing in Hennessy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.8 M | 6.5 M | |
| Net Income Applicable To Common Shares | 7.1 M | 8.5 M |
Hennessy Quarterly Net Working Capital |
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Hennessy Stock Technical Analysis
Hennessy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Hennessy Period Price Range
Low | February 9, 2024
| High |
6.79 | 6.37 |
Hennessy May 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Hennessy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hennessy shares will generate the highest return on investment. By undertsting and applying Hennessy stock market strength indicators, traders can identify Hennessy Ad entry and exit signals to maximize returns
Hennessy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hennessy's price direction in advance. Along with the technical and fundamental analysis of Hennessy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hennessy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.10) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hennessy Ad. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Hennessy's price analysis, check to measure Hennessy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hennessy is operating at the current time. Most of Hennessy's value examination focuses on studying past and present price action to predict the probability of Hennessy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hennessy's price. Additionally, you may evaluate how the addition of Hennessy to your portfolios can decrease your overall portfolio volatility.
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Is Hennessy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hennessy. If investors know Hennessy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hennessy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.268 | Dividend Share 0.545 | Earnings Share 0.68 | Revenue Per Share 3.282 | Quarterly Revenue Growth 0.173 |
The market value of Hennessy Ad is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy's value that differs from its market value or its book value, called intrinsic value, which is Hennessy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hennessy's market value can be influenced by many factors that don't directly affect Hennessy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hennessy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.