Heineken Total Risk Alpha

HINKF Stock  USD 83.09  -1.47  -1.74%   
The Total Risk Alpha technical lookup provides context for Heineken NV and related instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Risk vs Return Analysis provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. This reflects a position in Heineken NV across the allocation. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry.
  
Heineken NV has current Total Risk Alpha of 0.1148. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
0.1148
ER[a] = Expected return on investing in Heineken
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Heineken
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Heineken Total Risk Alpha Peers Comparison

Heineken Total Risk Alpha Relative To Other Indicators

Heineken NV currently holds the # 5 position in total risk alpha category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about 97.19 of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Heineken NV is roughly 97.19
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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