HEINEKEN (Germany) Price on April 17, 2024

HNK2 Stock  EUR 34.20  0.40  1.16%   
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 34.20, as last reported on the 30th of November, with the highest price reaching 34.40 and the lowest price hitting 34.20 during the day. HEINEKEN SP ADR holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21% return per unit of risk over the last 3 months. HEINEKEN SP ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HEINEKEN's Market Risk Adjusted Performance of 3.08, risk adjusted performance of (0.17), and Coefficient Of Variation of (447.21) 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.

Sharpe Ratio = -0.2116

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  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 April 17, 2024

It is possible to determine the worth of HEINEKEN on a given historical date. On April 17, 2024 HEINEKEN was worth 41.68 at the beginning of the trading date compared to the closed value of 41.68. 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
  42.07    42.07    42.07    42.07    1.00  
04/17/2024
  41.68    41.68    41.68    41.68    1.00  
  41.87    41.87    41.87    41.87    1.00  
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Open Value
41.68
41.68
Closing Value
45.01
Upside

HEINEKEN Trading Date Momentum on April 17, 2024

On April 18 2024 HEINEKEN SP ADR was traded for  41.87  at the closing time. The maximum traded price for the trading interval was 41.87  and the lowest daily price was  41.87 . There was no trading activity during the period 1.0. Lack of trading volume on 18th of April 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 0.46% . The trading delta at closing time to the closing price today is 6.45% .

HEINEKEN SP ADR 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 SP ADR 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 is traded on Frankfurt Stock Exchange in Germany.

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.
A focus of HEINEKEN technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HEINEKEN trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

HEINEKEN Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

HEINEKEN SP ADR cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 November 30, 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 SP ADR 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.

Complementary 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.
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