Hennessy Japan Small Fund Technical Analysis
| HJSIX Fund | USD 19.64 -0.45 -2.24% |
As of the 27th of March, shares of Hennessy Japan change hands at 19.64 per share. Momentum and volatility readings indicate Downside Deviation of 1.48, market risk adjusted performance of 0.0822, and Risk Adjusted Performance of 0.0464. The system measures statistical relationships between price fluctuations and trading activity. Indicator values are assessed relative to historical performance bands.
Hennessy Japan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hennessy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HennessyHennessy |
What-If Analysis
Historical what-if analysis for Hennessy Japan Small is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. The real value is perspective: it shows whether the thesis would have remained investable across different historical windows or depended too heavily on one favorable stretch.
| 12/27/2025 |
| 03/27/2026 |
Allocating 0.00 to Hennessy Japan on December 27, 2025 and holding to today would produce 0.00 in aggregate gains. The result is a 0.0% net return in Hennessy Japan overall measured over 90 days. Hennessy Japan is grouped with peers such as AVE MARIA, BUFFALO MID, Riskproreg Dynamic, HORIZON ACTIVE, Fidelity Water, WASATCH-HOISINGTON, and Morgan Stanley based on business similarity. The fund invests at least 80 percent of its net assets in equity securities of smaller Japanese companies, typically con... More
Hennessy Japan Upside and Downside Indicators Snapshot
Directional momentum for Hennessy Japan is captured through indicators that track upside and downside price ranges. All values are presented as reference data.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1086 | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | -2.24 | |||
| Potential Upside | 1.52 |
Hennessy Japan Volatility and Risk Indicators Overview
For Hennessy Japan, these risk indicators capture historical volatility and return dispersion patterns. The risk signals are presented as context for understanding price variability.| Risk Adjusted Performance | 0.0464 | |||
| Jensen Alpha | 0.1071 | |||
| Total Risk Alpha | 0.1614 | |||
| Sortino Ratio | 0.0871 | |||
| Treynor Ratio | 0.0722 |
The mean reversion principle applied to Hennessy Japan's suggests that neither prolonged outperformance nor underperformance is permanent. Identifying the root cause of Hennessy Japan's price dislocation is essential before acting on a mean reversion signal. The mean reversion tendency in Hennessy Japan's price is a well-documented phenomenon in academic research. In many cases, Hennessy Japan's price extremes present statistical patterns that have recurred historically.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0464 | |||
| Market Risk Adjusted Performance | 0.0822 | |||
| Mean Deviation | 0.8391 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.48 | |||
| Coefficient Of Variation | 1910.89 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.4 | |||
| Information Ratio | 0.1086 | |||
| Jensen Alpha | 0.1071 | |||
| Total Risk Alpha | 0.1614 | |||
| Sortino Ratio | 0.0871 | |||
| Treynor Ratio | 0.0722 | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | -2.24 | |||
| Potential Upside | 1.52 | |||
| Downside Variance | 2.18 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | -0.81 | |||
| Skewness | -1.28 | |||
| Kurtosis | 2.77 |
Hennessy Japan Small Backtested Returns
Hennessy Japan presents a very low volatility profile within the defined horizon. It maintains a Sharpe Ratio (Efficiency) of 0.0288, representing adjusted performance consistency. We identified twenty-seven technical indicators influencing the company's volatility profile. Please review metrics such as Downside Deviation of 1.48, market risk-adjusted performance of 0.0822, and risk-adjusted performance of 0.0464 to review dispersion measures. The fund retains a Market Sensitivity (Beta) of 0.72, which alludes to generally lower market sensitivity than the broad market. Hennessy Japan moves in the same direction as the market but with less intensity, offering a degree of cushion during selloffs.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Hennessy Japan Small exhibits almost perfect reverse predictability. Autocorrelation measures the degree of predictability between Hennessy Japan time series from 27th of December 2025 to 10th of February 2026 and from 10th of February 2026 to 27th of March 2026. Persistent correlation between intervals suggests underlying momentum patterns in Hennessy Japan that may carry forward. The measured coefficient of -0.75 means around 75.0% of Hennessy Japan's recent price variance traces back to prior period behavior. Given that Hennessy Japan Small has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
The framework analyzes Hennessy Japan using price and volume data. The structure incorporates trend and momentum indicators.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hennessy Japan Small volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Hennessy Japan focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Volatility compression can precede expansion in dispersion regimes.
Unless otherwise specified, data for Hennessy Japan Small is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Michael Smolkin - Member of Macroaxis Board of DirectorsHennessy Japan Technical Indicators
A technical review of Hennessy Japan Small can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0464 | |||
| Market Risk Adjusted Performance | 0.0822 | |||
| Mean Deviation | 0.8391 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.48 | |||
| Coefficient Of Variation | 1910.89 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.4 | |||
| Information Ratio | 0.1086 | |||
| Jensen Alpha | 0.1071 | |||
| Total Risk Alpha | 0.1614 | |||
| Sortino Ratio | 0.0871 | |||
| Treynor Ratio | 0.0722 | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | -2.24 | |||
| Potential Upside | 1.52 | |||
| Downside Variance | 2.18 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | -0.81 | |||
| Skewness | -1.28 | |||
| Kurtosis | 2.77 |
March 27, 2026 Daily Trend Indicators
A technical review of Hennessy Japan Small can improve timing discipline by comparing momentum, reversal risk, and confirmation signals across several time horizons. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 19.64 | ||
| Day Typical Price | 19.64 | ||
| Price Action Indicator | -0.22 |