Call Javascript function from URL/address bar
There isn't from a hyperlink, no. Not unless the page has script inside specifically for this and it's checking for some parameter....but for your question, no, there's no built-in support in browsers for this.
There are however bookmarklets you can bookmark to quickly run JavaScript functions from your address bar; not sure if that meets your needs, but it's as close as it gets.
Write in address bar
javascript:alert("hi");
Make sure you write in the beginning: javascript: