Heineken (Netherlands) Price on July 5, 2023
HEIA Stock | EUR 68.32 0.84 1.21% |
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 68.32, as last reported on the 20th of December, with the highest price reaching 68.90 and the lowest price hitting 68.18 during the day. Heineken holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Heineken exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heineken's Standard Deviation of 1.06, risk adjusted performance of (0.17), and Market Risk Adjusted Performance of (25.48) 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 = -0.1993
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Estimated Market Risk
1.05 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 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 July 5, 2023
It is possible to determine the worth of Heineken on a given historical date. On July 5, 2023 Heineken was worth 93.24 at the beginning of the trading date compared to the closed value of 92.74. 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 | |
93.26 | 93.71 | 93.07 | 93.48 | 633,175 | |
07/05/2023 | 93.24 | 93.52 | 92.23 | 92.74 | 505,025 |
92.62 | 92.62 | 91.30 | 91.77 | 640,637 |
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Heineken Trading Date Momentum on July 5, 2023
On July 06 2023 Heineken was traded for 91.77 at the closing time. The highest price during the trading period was 92.62 and the lowest recorded bid was listed for 91.30 . The volume for the day was 640.6 K. This history from July 6, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.05% . The trading delta at closing time to the current price is 1.97% . |
Heineken 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 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 operates under Beverage Manufacturers classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 80000 people.
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.
Price Boundaries
Heineken Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Heineken cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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 20, 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 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.
Risk Adjusted Performance | (0.17) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (25.49) |
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Volume Indicators |
Additional 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.