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HFLGX
Mutual Fund ticker: NASDAQ
AS OF
Feb 3 closing price
Price
$12.02
Change
+$0.12 (+1.01%)
Net Assets
140.08M

HFLGX Hennessy Cornerstone Large Growth Inv Forecast, Technical & Fundamental Analysis

The investment seeks long-term growth of capital... Show more

Category: #Mid-Cap Value
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Caterpillar (NYSE:CAT), Dell Technologies (NYSE:DELL), AutoZone (NYSE:AZO), Valero Energy Corp (NYSE:VLO), MARATHON PETROLEUM Corp (NYSE:MPC), United Rentals (NYSE:URI).

Industry description

The investment seeks long-term growth of capital. The fund invests in growth-oriented common stocks of larger companies by utilizing a quantitative formula known as the Cornerstone Large Growth Formula (the "Large Growth Formula"). It purchases 50 stocks weighted equally by dollar amount, with 2% of the portfolio's assets invested in each. Using the Large Growth Formula, the universe of stocks is re-screened and the portfolio is rebalanced annually, generally in the winter.

Market Cap

The average market capitalization across the Hennessy Cornerstone Large Growth Inv MF is 76.56B. The market cap for tickers in the group ranges from 13.11B to 328.94B. CAT holds the highest valuation in this group at 328.94B. The lowest valued company is BLDR at 13.11B.

Volume

The average weekly volume growth across all stocks in the Hennessy Cornerstone Large Growth Inv MF was 65%. For the same stocks of the MF, the average monthly volume growth was 83% and the average quarterly volume growth was 74%

Fundamental Analysis Ratings

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

Valuation Rating: 65
P/E Growth Rating: 28
Price Growth Rating: 37
SMR Rating: 49
Profit Risk Rating: 28
Seasonality Score: 2 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category MidCapValue

Profile
Fundamentals
Details
Category
Mid-Cap Value
Address
Hennessy Funds Trust7250 Redwood Boulevard Suite 200Novato
Phone
N/A
Web
www.hennessyfunds.com
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HFLGX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HFLGX has been closely correlated with VMVAX. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if HFLGX jumps, then VMVAX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HFLGX
1D Price
Change %
HFLGX100%
-0.33%
VMVAX - HFLGX
91%
Closely correlated
+0.52%
VIVAX - HFLGX
85%
Closely correlated
+0.83%
VIVIX - HFLGX
85%
Closely correlated
+0.85%
VVIAX - HFLGX
85%
Closely correlated
+0.83%
JVMTX - HFLGX
83%
Closely correlated
+0.59%
More