Heineken Holding (Germany) Price on September 9, 2024
4H5 Stock | EUR 59.75 0.40 0.67% |
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 Holding stands at 59.75, as last reported on the 3rd of December, with the highest price reaching 59.75 and the lowest price hitting 59.75 during the day. Heineken Holding holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Heineken Holding exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heineken Holding's Risk Adjusted Performance of (0.13), market risk adjusted performance of 57.79, and Standard Deviation of 1.08 to validate the risk estimate we provide.
Heineken Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heineken |
Sharpe Ratio = -0.1542
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Estimated Market Risk
1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Heineken Holding is not performing at its full potential. However, 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 Holding by adding Heineken Holding to a well-diversified portfolio.
Heineken Holding Valuation on September 9, 2024
It is possible to determine the worth of Heineken Holding on a given historical date. On September 9, 2024 Heineken was worth 67.55 at the beginning of the trading date compared to the closed value of 67.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heineken Holding stock. Still, in general, we apply an absolute valuation method to find Heineken Holding'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 Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heineken Holding's related companies.
Open | High | Low | Close | Volume | |
68.45 | 68.45 | 68.45 | 68.45 | 40.00 | |
09/09/2024 | 67.55 | 67.55 | 67.55 | 67.55 | 40.00 |
68.15 | 68.15 | 68.15 | 68.15 | 40.00 |
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Heineken Holding Trading Date Momentum on September 9, 2024
On September 10 2024 Heineken Holding NV was traded for 68.15 at the closing time. The highest daily price throughout the period was 68.15 and the lowest price was 68.15 . The daily volume was 40.0. The net trading volume on 09/10/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.89% . The trading delta at closing time to current closing price is 0.15% . |
Heineken Holding Fundamentals Correlations and Trends
By evaluating Heineken Holding'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 Holding'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 Holding Stock history
Heineken Holding 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 Holding 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 Holding stock prices may prove useful in developing a viable investing in Heineken Holding
Heineken Holding N.V., through its subsidiaries, brews and sells beer and cider. Heineken Holding N.V. was founded in 1864 and is based in Amsterdam, the Netherlands. Heineken Holding operates under Beverages - Brewers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 80000 people.
Heineken Holding Stock Technical Analysis
Heineken Holding 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 Holding Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Heineken Holding NV cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Holding December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Heineken Holding 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 Holding shares will generate the highest return on investment. By undertsting and applying Heineken Holding stock market strength indicators, traders can identify Heineken Holding NV entry and exit signals to maximize returns
Heineken Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heineken Holding'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 | (0.13) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | 57.78 |
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Volume Indicators |
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When running Heineken Holding's price analysis, check to measure Heineken Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heineken Holding is operating at the current time. Most of Heineken Holding's value examination focuses on studying past and present price action to predict the probability of Heineken Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heineken Holding's price. Additionally, you may evaluate how the addition of Heineken Holding to your portfolios can decrease your overall portfolio volatility.
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