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HNRIX
Mutual Fund ticker: NASDAQ
AS OF
Feb 3 closing price
Price
$35.00
Change
+$5.30 (+17.85%)
Net Assets
14.66M

HNRIX Hennessy Energy Transition Instl 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 Chevron Corp (NYSE:CVX), ConocoPhillips (NYSE:COP), Canadian Natural Resources Limited (NYSE:CNQ), Freeport-McMoran (NYSE:FCX), Suncor Energy (NYSE:SU), Pioneer Natural Resource Co (null:PXD), EOG Resources (NYSE:EOG), Diamondback Energy (NASDAQ:FANG), Cheniere Energy (NYSE:LNG), ANTERO RESOURCES Corp (NYSE:AR).

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 98.31B. The market cap for tickers in the group ranges from 10.48B to 352.52B. CVX holds the highest valuation in this group at 352.52B. The lowest valued company is AR at 10.48B.

Volume

The average weekly volume growth across all stocks in the Hennessy Energy Transition Instl MF was 61%. For the same stocks of the MF, the average monthly volume growth was 71% and the average quarterly volume growth was 64%

Fundamental Analysis Ratings

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

Valuation Rating: 74
P/E Growth Rating: 39
Price Growth Rating: 45
SMR Rating: 56
Profit Risk Rating: 30
Seasonality Score: 37 (-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 MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HNRIX has been loosely correlated with FNARX. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if HNRIX jumps, then FNARX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HNRIX
1D Price
Change %
HNRIX100%
+2.73%
FNARX - HNRIX
38%
Loosely correlated
N/A
VENAX - HNRIX
32%
Poorly correlated
+3.09%
FSENX - HNRIX
31%
Poorly correlated
N/A
VGENX - HNRIX
13%
Poorly correlated
+2.51%
VGELX - HNRIX
13%
Poorly correlated
+2.51%