Heineken Holding Variance
| HEIO Stock | | | EUR 66.10 0.05 0.08% |
The Variance lookup presents technical context for Heineken Holding NV and related instruments. Availability can vary by instrument;
Equity Screeners offers additional screening access. Heineken Holding has a market cap of 18.33 B, operating margin of 14.02%, ROE of 10.08%. Use
Risk vs Return Analysis to explore allocation context. This reflects a position in Heineken Holding NV inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Heineken Holding NV has current Variance of 1.93. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 1.93 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Heineken Holding Variance Peers Comparison
Heineken Variance Relative To Other Indicators
Heineken Holding NV is rated
below average in variance relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
3.92 of Maximum Drawdown per Variance. For Heineken Holding NV, Maximum Drawdown stands at
3.92 times Variance
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
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