Heineken Nv Stock Price on December 24, 2024
HINKF Stock | USD 71.09 1.88 2.72% |
If you're considering investing in Heineken OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Heineken stands at 71.09, as last reported on the 27th of December, with the highest price reaching 71.09 and the lowest price hitting 69.70 during the day. Heineken NV holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% 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 (0.12), market risk adjusted performance of (7.51), and Standard Deviation of 2.09 to validate the risk estimate we provide.
Heineken OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Heineken |
Sharpe Ratio = -0.1775
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HINKF |
Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 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 December 24, 2024
It is possible to determine the worth of Heineken on a given historical date. On December 24, 2024 Heineken was worth 70.1 at the beginning of the trading date compared to the closed value of 71.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heineken otc 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 | |
69.51 | 72.24 | 69.21 | 69.21 | 9,400 | |
12/24/2024 | 70.10 | 71.09 | 69.70 | 71.09 | 2,300 |
70.10 | 71.09 | 69.70 | 71.09 | 0.00 |
Backtest Heineken | | | Heineken History | | | Heineken Valuation | Previous | Next |
Heineken Trading Date Momentum on December 24, 2024
On December 27 2024 Heineken NV was traded for 71.09 at the closing time. The highest daily price throughout the period was 71.09 and the lowest price was 69.70 . There was no trading activity during the period 0.0. Lack of trading volume on 12/27/2024 did not cause price change. The trading delta at closing time to current closing price is 1.39% . |
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 OTC 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 OTC Stock Technical Analysis
Heineken 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.
Price Boundaries
Heineken Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Heineken NV cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Heineken otc 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 otc 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 OTC 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 | (0.12) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (7.52) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Heineken OTC 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.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |