Heineken (Germany) Price on October 31, 2023

HNK1 Stock  EUR 68.20  0.98  1.42%   
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 stands at 68.20, as last reported on the 26th of December, with the highest price reaching 69.18 and the lowest price hitting 68.12 during the day. Heineken NV holds Efficiency (Sharpe) Ratio of -0.19, which attests that the entity had a -0.19% return per unit of risk over the last 3 months. Heineken NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heineken's Risk Adjusted Performance of (0.14), standard deviation of 1.18, and Market Risk Adjusted Performance of 1.07 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.

Sharpe Ratio = -0.1877

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Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Heineken 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 by adding Heineken to a well-diversified portfolio.

Heineken Valuation on October 31, 2023

It is possible to determine the worth of Heineken on a given historical date. On October 31, 2023 Heineken was worth 83.14 at the beginning of the trading date compared to the closed value of 83.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heineken stock. Still, in general, we apply an absolute valuation method to find Heineken'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heineken's related companies.
 Open High Low Close Volume
  82.96    82.96    82.73    82.73    128.00  
10/31/2023
  83.14    83.14    83.14    83.14    63.00  
  82.71    83.22    82.71    83.22    1,008  
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Open Value
83.14
83.14
Closing Value
86.60
Upside

Heineken Trading Date Momentum on October 31, 2023

On November 01 2023 Heineken NV was traded for  83.22  at the closing time. The maximum traded price for the trading interval was 83.22  and the lowest daily price was  82.71 . The daily volume was recorded at 1 K. The volume of trading on 1st of November 2023 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 0.10% . The trading delta at closing time to the closing price today is 1.01% .

Heineken NV Fundamentals Correlations and Trends

By evaluating Heineken'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'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 Stock history

Heineken 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 NV 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 stock prices may prove useful in developing a viable investing in Heineken
Heineken N.V. engages in brewing and selling beer and cider. The company was founded in 1864 and is headquartered in Amsterdam, the Netherlands. HEINEKEN is traded on Frankfurt Stock Exchange in Germany.

Heineken Stock Technical Analysis

Heineken 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.
A focus of Heineken technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Heineken trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Heineken Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Heineken 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 December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Heineken 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 shares will generate the highest return on investment. By undertsting and applying Heineken stock market strength indicators, traders can identify Heineken NV entry and exit signals to maximize returns

Heineken Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Heineken'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.

Complementary Tools for Heineken Stock analysis

When running Heineken's price analysis, check to measure Heineken'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 is operating at the current time. Most of Heineken's value examination focuses on studying past and present price action to predict the probability of Heineken'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's price. Additionally, you may evaluate how the addition of Heineken to your portfolios can decrease your overall portfolio volatility.
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