Hennessy Focus Fund Statistic Functions Beta
| HFCIX Fund | USD 39.42 0.16 0.41% |
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This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Hennessy Focus correlated with the market. If Beta is less than 0 HENNESSY FOCUS generally moves in the opposite direction as compared to the market. If HENNESSY FOCUS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hennessy Focus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HENNESSY FOCUS is generally in the same direction as the market. If Beta > 1 HENNESSY FOCUS moves generally in the same direction as, but more than the movement of the benchmark.
HENNESSY FOCUS Technical Analysis Modules
Technical analysis of HENNESSY FOCUS uses historical price and volume data to identify patterns that may signal where the HENNESSY trend is heading. Cycle indicators can help time entries, while momentum indicators help gauge the strength of the move.| Cycle Indicators | ||
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Methodology, Assumptions & Data Sources
Below is HENNESSY FOCUS's Statistic Functions history. A strong fit to a straight line suggests the trend is dependable.
Inputs for Hennessy Focus Fund come from fund disclosures and market reference feeds and are mapped into a consistent schema for analysis. Some fields can appear with publication lag.