Heineken Bhd (Malaysia) Market Value
| 3255 Stock | 26.88 0.42 1.59% |
| Symbol | Heineken |
Heineken Bhd 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Heineken Bhd's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Heineken Bhd.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Heineken Bhd on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Heineken Bhd or generate 0.0% return on investment in Heineken Bhd over 90 days. Heineken Bhd is related to or competes with Sports Toto, Kawan Food, Choo Bee, Impiana Hotels, Media Prima, CB Industrial, and Press Metal. More
Heineken Bhd Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Heineken Bhd's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Heineken Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | 0.194 | |||
| Maximum Drawdown | 9.29 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 2.53 |
Heineken Bhd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heineken Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heineken Bhd's standard deviation. In reality, there are many statistical measures that can use Heineken Bhd historical prices to predict the future Heineken Bhd's volatility.| Risk Adjusted Performance | 0.1235 | |||
| Jensen Alpha | 0.1665 | |||
| Total Risk Alpha | 0.3269 | |||
| Sortino Ratio | 0.2542 | |||
| Treynor Ratio | (1.10) |
Heineken Bhd Backtested Returns
Heineken Bhd appears to be very steady, given 3 months investment horizon. Heineken Bhd holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Heineken Bhd, which you can use to evaluate the volatility of the firm. Please utilize Heineken Bhd's Market Risk Adjusted Performance of (1.09), downside deviation of 1.07, and Risk Adjusted Performance of 0.1235 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Heineken Bhd holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Heineken Bhd are expected to decrease at a much lower rate. During the bear market, Heineken Bhd is likely to outperform the market. Please check Heineken Bhd's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Heineken Bhd's current trending patterns will revert.
Auto-correlation | 0.76 |
Good predictability
Heineken Bhd has good predictability. Overlapping area represents the amount of predictability between Heineken Bhd time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Heineken Bhd price movement. The serial correlation of 0.76 indicates that around 76.0% of current Heineken Bhd price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
Heineken Bhd lagged returns against current returns
Autocorrelation, which is Heineken Bhd stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Heineken Bhd's stock expected returns. We can calculate the autocorrelation of Heineken Bhd returns to help us make a trade decision. For example, suppose you find that Heineken Bhd has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Heineken Bhd regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Heineken Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heineken Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heineken Bhd stock over time.
Current vs Lagged Prices |
| Timeline |
Heineken Bhd Lagged Returns
When evaluating Heineken Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heineken Bhd stock have on its future price. Heineken Bhd autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Heineken Bhd autocorrelation shows the relationship between Heineken Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in Heineken Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.