Kraft Heinz (Brazil) Market Value
| KHCB34 Stock | BRL 47.00 0.50 1.08% |
| Symbol | Kraft |
Kraft Heinz '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 Kraft Heinz'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 Kraft Heinz.
| 10/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in Kraft Heinz on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding The Kraft Heinz or generate 0.0% return on investment in Kraft Heinz over 60 days. Kraft Heinz is related to or competes with K1EL34, JBS SA, M Dias, Beyond Meat, Marfrig Global, and Jalles Machado. The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, the Mi... More
Kraft Heinz 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 Kraft Heinz'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 The Kraft Heinz upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.64 |
Kraft Heinz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kraft Heinz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kraft Heinz's standard deviation. In reality, there are many statistical measures that can use Kraft Heinz historical prices to predict the future Kraft Heinz's volatility.| Risk Adjusted Performance | 0.0091 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0042 |
Kraft Heinz Backtested Returns
At this point, Kraft Heinz is very steady. Kraft Heinz has Sharpe Ratio of 0.0131, which conveys that the firm had a 0.0131% return per unit of risk over the last 3 months. We have found thirty technical indicators for Kraft Heinz, which you can use to evaluate the volatility of the firm. Please verify Kraft Heinz's Market Risk Adjusted Performance of 0.0142, downside deviation of 1.88, and Risk Adjusted Performance of 0.0091 to check out if the risk estimate we provide is consistent with the expected return of 0.023%. Kraft Heinz has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kraft Heinz are expected to decrease at a much lower rate. During the bear market, Kraft Heinz is likely to outperform the market. Kraft Heinz right now secures a risk of 1.76%. Please verify The Kraft Heinz semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if The Kraft Heinz will be following its current price movements.
Auto-correlation | -0.38 |
Poor reverse predictability
The Kraft Heinz has poor reverse predictability. Overlapping area represents the amount of predictability between Kraft Heinz time series from 26th of October 2024 to 25th of November 2024 and 25th of November 2024 to 25th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kraft Heinz price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Kraft Heinz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Kraft Heinz lagged returns against current returns
Autocorrelation, which is Kraft Heinz 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 Kraft Heinz's stock expected returns. We can calculate the autocorrelation of Kraft Heinz returns to help us make a trade decision. For example, suppose you find that Kraft Heinz 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 |
Kraft Heinz 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 Kraft Heinz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kraft Heinz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kraft Heinz stock over time.
Current vs Lagged Prices |
| Timeline |
Kraft Heinz Lagged Returns
When evaluating Kraft Heinz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kraft Heinz stock have on its future price. Kraft Heinz 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, Kraft Heinz autocorrelation shows the relationship between Kraft Heinz stock current value and its past values and can show if there is a momentum factor associated with investing in The Kraft Heinz.
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 Kraft Stock
Kraft Heinz financial ratios help investors to determine whether Kraft 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 Kraft with respect to the benefits of owning Kraft Heinz security.