ASML Holding Stock Forecast - Accumulation Distribution

ASML Stock  USD 667.39  16.51  2.41%   
ASML Holding Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ASML Holding historical stock prices and determine the direction of ASML Holding NV's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of ASML Holding historical fundamentals such as revenue growth or operating cash flow patterns. Although ASML Holding naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ASML Holding NV systematic risk associated with finding meaningful patterns of ASML Holding fundamentals over time.
Please continue to Historical Fundamental Analysis of ASML Holding to cross-verify your projections.
  
The value of Asset Turnover is estimated to pull down to 0.54. ASML Holding Weighted Average Shares is relatively stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 373.12 Million. Weighted Average Shares Diluted is expected to hike to about 374.2 M this year, although the value of Issuance Purchase of Equity Shares will most likely fall to (7.9 B).

Open Interest Agains t 2023-01-27 ASML Holding Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast ASML Holding's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest ASML Holding's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies ASML Holding stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current ASML Holding's open interest, investors have to compare it to ASML Holding's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ASML Holding is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ASML Holding. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
ASML Holding NV has current Accumulation Distribution of 20970.75.
Most investors in ASML Holding cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ASML Holding's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ASML Holding's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which ASML Holding is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of ASML Holding NV to determine if accumulation or reduction is taking place in the market. This value is adjusted by ASML Holding trading volume to give more weight to distributions with higher volume over lower volume.
Check ASML Holding VolatilityBacktest ASML HoldingInformation Ratio  

ASML Holding Trading Date Momentum

On January 27 2023 ASML Holding NV was traded for  667.39  at the closing time. The top price for the day was 678.06  and the lowest listed price was  666.68 . The trading volume for the day was 1.2 M. The trading history from January 27, 2023 did not affect price variability. The overall trading delta against the current closing price is 0.03% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare ASML Holding to competition

Other Forecasting Options for ASML Holding

For every potential investor in ASML Holding, whether a beginner or expert, ASML Holding's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ASML Holding Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ASML Holding. Basic forecasting techniques help filter out the noise by identifying ASML Holding's price trends.

ASML Holding Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ASML Holding stock to make a market-neutral strategy. Peer analysis of ASML Holding could also be used in its relative valuation, which is a method of valuing ASML Holding by comparing valuation metrics with similar companies.
Taiwan SemiconductorAnalog DevicesKnowles CorLattice SemiconductorMicrochip TechnologyDigi InternationalTelefonaktiebolagetAmerican AirlinesAlcoa CorpApple IncBest BuyCitigroupSentinelOneCVS Health CorpChevron Corp
 Risk & Return  Correlation

ASML Holding NV Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ASML Holding's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ASML Holding's current price.

ASML Holding Market Strength Events

Market strength indicators help investors to evaluate how ASML Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASML Holding shares will generate the highest return on investment. By undertsting and applying ASML Holding stock market strength indicators, traders can identify ASML Holding NV entry and exit signals to maximize returns.

ASML Holding Risk Indicators

The analysis of ASML Holding's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in ASML Holding's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting ASML Holding stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ASML Holding without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module

Pair Trading with ASML Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ASML Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ASML Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with ASML Holding

+0.63INTCIntel Aggressive PushPairCorr
+0.78CSCOCisco Systems Aggressive PushPairCorr
+0.85SQBlock Inc Aggressive PushPairCorr
The ability to find closely correlated positions to ASML Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASML Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ASML Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ASML Holding NV to buy it.
The correlation of ASML Holding is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ASML Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASML Holding NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ASML Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Historical Fundamental Analysis of ASML Holding to cross-verify your projections. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for analysis

When running ASML Holding NV price analysis, check to measure ASML Holding'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 ASML Holding is operating at the current time. Most of ASML Holding's value examination focuses on studying past and present price action to predict the probability of ASML Holding's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASML Holding's price. Additionally, you may evaluate how the addition of ASML Holding to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Transaction History
View history of all your transactions and understand their impact on performance
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
CEO Directory
Screen CEOs from public companies around the world
Is ASML Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASML Holding. If investors know ASML Holding will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASML Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.007
Market Capitalization
270.9 B
Quarterly Revenue Growth
0.102
Return On Assets
0.1288
Return On Equity
0.5737
The market value of ASML Holding NV is measured differently than its book value, which is the value of ASML Holding that is recorded on the company's balance sheet. Investors also form their own opinion of ASML Holding's value that differs from its market value or its book value, called intrinsic value, which is ASML Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASML Holding's market value can be influenced by many factors that don't directly affect ASML Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASML Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine ASML Holding value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASML Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.