Hennessy Mutual Fund Quote

HMSFX -  USA Fund  

USD 7.72  0.03  0.39%

Hennessy is trading at 7.72 as of the 23rd of September 2021; that is -0.39 percent down since the beginning of the trading day. The fund's open price was 7.75. Hennessy has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Hennessy BP Midstream are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2019 and ending today, the 23rd of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 55

Hennessy Mutual Fund Profile

The investment seeks capital appreciation through distribution growth and current income. Hennessy is traded on NASDAQ Exchange in the United States. more on Hennessy
Hennessy generates negative expected return over the last 90 days
Hennessy has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.dividendinvestor.com: NASDAQHMSFX BP Midstream Fd Inv ClHennessy Funds Trust Dividend Announcement 0.2575 per share - Dividend Investor
Hennessy BP Midstream generated five year return of -13.0%
This fund retains 99.57% of its assets under management (AUM) in equities
Legal NameHennessy BP Midstream
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hennessy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year1.88
Startdate13th of June 2017
Hennessy BP Midstream [HMSFX] is traded in USA and was established 23rd of September 2021. The fund is listed under Energy Limited Partnership category and is part of Hennessy family. Hennessy BP Midstream currently has accumulated 37.16 M in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was -15.96%.
Check Hennessy Probability Of Bankruptcy

Instrument Allocation

Top Hennessy BP Midstream Constituents

Hennessy Target Price Odds Analysis

What are Hennessy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Hennessy jumping above the current price in 90 days from now is over 95.49%. The Hennessy BP Midstream probability density function shows the probability of Hennessy mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Hennessy has a beta of 0.1434. This usually indicates as returns on the market go up, Hennessy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hennessy BP Midstream will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hennessy BP Midstream is significantly underperforming DOW.
 Odds Down 7.72HorizonTargetOdds Up 7.72 
4.45%90 days
 7.72 
95.49%
Based on a normal probability distribution, the odds of Hennessy to move above the current price in 90 days from now is over 95.49 (This Hennessy BP Midstream probability density function shows the probability of Hennessy Mutual Fund to fall within a particular range of prices over 90 days) .

Hennessy BP Midstream Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hennessy market risk premium is the additional return an investor will receive from holding Hennessy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hennessy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hennessy's alpha and beta are two of the key measurements used to evaluate Hennessy's performance over the market, the standard measures of volatility play an important role as well.

Hennessy Against Markets

Picking the right benchmark for Hennessy mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hennessy mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hennessy is critical whether you are bullish or bearish towards Hennessy BP Midstream at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hennessy without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Risk vs Return Analysis. Note that the Hennessy BP Midstream information on this page should be used as a complementary analysis to other Hennessy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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 Hennessy value 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.