Heineken Bhd (Malaysia) Price on November 1, 2024
| 3255 Stock | 24.00 0.02 0.08% |
If you're considering investing in Heineken Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heineken Bhd stands at 24.00, as last reported on the 2nd of December, with the highest price reaching 24.12 and the lowest price hitting 23.82 during the day. As of now, Heineken Stock is very steady. Heineken Bhd holds Efficiency (Sharpe) Ratio of 0.0622, which attests that the entity had a 0.0622% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Heineken Bhd, which you can use to evaluate the volatility of the firm. Please check out Heineken Bhd's Downside Deviation of 1.28, market risk adjusted performance of (0.74), and Risk Adjusted Performance of 0.0637 to validate if the risk estimate we provide is consistent with the expected return of 0.0886%.
Heineken Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heineken |
Sharpe Ratio = 0.0622
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Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Heineken Bhd is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Heineken Bhd by adding it to a well-diversified portfolio.
Heineken Bhd Valuation on November 1, 2024
It is possible to determine the worth of Heineken Bhd on a given historical date. On November 1, 2024 Heineken was worth 22.98 at the beginning of the trading date compared to the closed value of 22.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heineken Bhd stock. Still, in general, we apply an absolute valuation method to find Heineken Bhd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Heineken Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heineken Bhd's related companies.
| Open | High | Low | Close | Volume | |
| 22.80 | 22.86 | 22.70 | 22.70 | 53,700 | |
11/01/2024 | 22.98 | 22.98 | 22.70 | 22.92 | 264,300 |
| 22.96 | 23.00 | 22.78 | 22.78 | 35,500 |
| Backtest Heineken Bhd | | | Heineken Bhd History | | | Heineken Bhd Valuation | Previous | Next |
Heineken Bhd Trading Date Momentum on November 1, 2024
| On November 04 2024 Heineken Bhd was traded for 22.78 at the closing time. The highest price during the trading period was 23.00 and the lowest recorded bid was listed for 22.78 . The volume for the day was 35.5 K. This history from November 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.61% . The trading delta at closing time to the current price is 1.57% . |
Heineken Bhd Fundamentals Correlations and Trends
By evaluating Heineken Bhd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Heineken Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heineken financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heineken Bhd Stock history
Heineken Bhd investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Heineken is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heineken Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Heineken Bhd stock prices may prove useful in developing a viable investing in Heineken Bhd
Heineken Bhd Stock Technical Analysis
Heineken Bhd technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Heineken Bhd Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Heineken Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Heineken Bhd December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Heineken Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heineken Bhd shares will generate the highest return on investment. By undertsting and applying Heineken Bhd stock market strength indicators, traders can identify Heineken Bhd entry and exit signals to maximize returns
Heineken Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heineken Bhd's price direction in advance. Along with the technical and fundamental analysis of Heineken Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heineken to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.1167 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.75) |
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Other Information on Investing in Heineken Stock
Heineken Bhd financial ratios help investors to determine whether Heineken Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Heineken with respect to the benefits of owning Heineken Bhd security.