Heineken Holding Nv Stock Market Value
| HKHHF Stock | USD 80.53 3.58 4.65% |
| Symbol | Heineken |
Heineken Holding '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 Holding's otc 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 Holding.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Heineken Holding on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Heineken Holding NV or generate 0.0% return on investment in Heineken Holding over 30 days. Heineken Holding is related to or competes with Secom Co, Mitsubishi Estate, Shimano, and Sumitomo Chemical. Heineken Holding N.V., through its subsidiaries, engages in the brewing and selling of beer and cider More
Heineken Holding 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 Holding's otc 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 Holding NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.83 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 2.73 |
Heineken Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heineken Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heineken Holding's standard deviation. In reality, there are many statistical measures that can use Heineken Holding historical prices to predict the future Heineken Holding's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Heineken Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Heineken Holding Backtested Returns
Heineken Holding holds Efficiency (Sharpe) Ratio of -0.0038, which attests that the entity had a -0.0038% return per unit of risk over the last 3 months. Heineken Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heineken Holding's Standard Deviation of 1.56, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.44) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Heineken Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heineken Holding is expected to be smaller as well. Heineken Holding has an expected return of -0.006%. Please make sure to check out Heineken Holding kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Heineken Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Heineken Holding NV has good reverse predictability. Overlapping area represents the amount of predictability between Heineken Holding time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Heineken Holding price movement. The serial correlation of -0.54 indicates that about 54.0% of current Heineken Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 1.95 |
Heineken Holding lagged returns against current returns
Autocorrelation, which is Heineken Holding otc 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 Holding's otc stock expected returns. We can calculate the autocorrelation of Heineken Holding returns to help us make a trade decision. For example, suppose you find that Heineken Holding has exhibited high autocorrelation historically, and you observe that the otc 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 Holding 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 Holding otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heineken Holding otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heineken Holding otc stock over time.
Current vs Lagged Prices |
| Timeline |
Heineken Holding Lagged Returns
When evaluating Heineken Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heineken Holding otc stock have on its future price. Heineken Holding 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 Holding autocorrelation shows the relationship between Heineken Holding otc stock current value and its past values and can show if there is a momentum factor associated with investing in Heineken Holding NV.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Heineken Holding Correlation, Heineken Holding Volatility and Heineken Holding Alpha and Beta module to complement your research on Heineken Holding. Note that the Heineken Holding information on this page should be used as a complementary analysis to other Heineken Holding's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Heineken OTC Stock analysis
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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Heineken Holding technical otc 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, otc market cycles, or different charting patterns.