Kraft Heinz (Germany) Market Value
| KHNZ Stock | EUR 29.96 0.17 0.56% |
| 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.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Kraft Heinz on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Kraft Heinz Co or generate 0.0% return on investment in Kraft Heinz over 30 days. Kraft Heinz is related to or competes with MGIC INVESTMENT, ECHO INVESTMENT, PennyMac Mortgage, Genco Shipping, SLR Investment, UNIVMUSIC GRPADR/050, and Air Lease. 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 Kraft Heinz Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.59 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 1.98 |
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 | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (6.64) |
Kraft Heinz Backtested Returns
Kraft Heinz has Sharpe Ratio of -0.0472, which conveys that the firm had a -0.0472% return per unit of risk over the last 3 months. Kraft Heinz exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kraft Heinz's Standard Deviation of 1.36, mean deviation of 0.9687, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.012, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Kraft Heinz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kraft Heinz is expected to be smaller as well. At this point, Kraft Heinz has a negative expected return of -0.0639%. Please make sure to verify Kraft Heinz's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Kraft Heinz performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Kraft Heinz Co has poor reverse predictability. Overlapping area represents the amount of predictability between Kraft Heinz time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
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 Kraft Heinz Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Kraft Stock
When determining whether Kraft Heinz offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kraft Heinz's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kraft Heinz Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kraft Heinz Co Stock:Check out Kraft Heinz Correlation, Kraft Heinz Volatility and Kraft Heinz Alpha and Beta module to complement your research on Kraft Heinz. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Kraft Heinz 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.