Hennessy Advisors, Inc. (HNNA)

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Hennessy Advisors, Inc. (HNNA) is up 7.1% since the beginning of the year. At $10 per share, HNNA is trading 24.3% below its 52-week high of $13. Investors who bought $1,000 worth of HNNA shares 5 years ago would now be looking at an investment worth $1,458.

Hennessy Advisors, Inc. (HNNA) has returned 7.10% so far this year and -4.93% over the past 12 months. Over the last ten years, HNNA has returned -3.14% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Oct 15, 2002, HNNA's average daily return is +0.10%, while the average monthly return is +1.40%. At this rate, an investment would double in approximately 4.2 years.

Historically, 51% of months were positive and 49% were negative. The best month was Jan 2013 with a return of +65.2%, while the worst month was Oct 2008 at -43.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.

On a daily basis, HNNA closed higher 35% of trading days. The best single day was Oct 2, 2008 with a return of +53.9%, while the worst single day was Oct 1, 2008 at -35.6%.

Hennessy Advisors, Inc. has an annualized alpha of 25.17%, beta of 0.29, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since October 16, 2002.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (80.47%) than losses (74.94%) - typical of diversified or defensive assets.
• Beta of 0.29 may look defensive, but with R2 of 0.01 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.01 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HNNA ranks 35 for risk / return — below 35% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Hennessy Advisors, Inc. (HNNA) and compare them to S&P 500 Index.

Hennessy Advisors, Inc. provided a 5.76% dividend yield over the last twelve months, with an annual payout of $0.58 per share. The company has been increasing its dividends for 12 consecutive years.

The table displays the monthly dividend distributions for Hennessy Advisors, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Hennessy Advisors, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Hennessy Advisors, Inc. was 93.07%, occurring on Nov 20, 2008. Recovery took 1439 trading sessions.

The current Hennessy Advisors, Inc. drawdown is 36.99%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Hennessy Advisors, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Hennessy Advisors, Inc. is priced in the market compared to other companies in the Asset Management industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.