Asml Holding Nv Stock Market Value
| ASML Stock | USD 954.82 7.02 0.73% |
| Symbol | ASML |
ASML Holding NV Price To Book Ratio
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 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 0.131 | Dividend Share 6.1 | Earnings Share 21.35 | Revenue Per Share 1.2597 | Quarterly Revenue Growth 0.125 |
The market value of ASML Holding NV is measured differently than its book value, which is the value of ASML 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 if ASML Holding is a good investment 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.
ASML Holding '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 ASML Holding'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 ASML Holding.
| 03/17/2024 |
| 04/16/2024 |
If you would invest 0.00 in ASML Holding on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding ASML Holding NV or generate 0.0% return on investment in ASML Holding over 30 days. ASML Holding is related to or competes with Sunrun, and Sunnova Energy. ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting o... More
ASML Holding 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 ASML Holding'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 ASML Holding NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1737 | |||
| Maximum Drawdown | 13.92 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 4.33 |
ASML Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASML Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASML Holding's standard deviation. In reality, there are many statistical measures that can use ASML Holding historical prices to predict the future ASML Holding's volatility.| Risk Adjusted Performance | 0.136 | |||
| Jensen Alpha | 0.3357 | |||
| Total Risk Alpha | 0.2138 | |||
| Sortino Ratio | 0.1939 | |||
| Treynor Ratio | 0.2437 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ASML Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ASML Holding NV Backtested Returns
ASML Holding appears to be very steady, given 3 months investment horizon. ASML Holding NV secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of return volatility over the last 3 months. By analyzing ASML Holding's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of ASML Holding's Semi Deviation of 1.62, risk adjusted performance of 0.136, and Mean Deviation of 1.72 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ASML Holding holds a performance score of 16. The firm shows a Beta (market volatility) of 1.91, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ASML Holding will likely underperform. Please check ASML Holding's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether ASML Holding's price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
ASML Holding NV has good reverse predictability. Overlapping area represents the amount of predictability between ASML Holding time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th of April 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 ASML Holding NV price movement. The serial correlation of -0.54 indicates that about 54.0% of current ASML Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 159.55 |
ASML Holding NV lagged returns against current returns
Autocorrelation, which is ASML Holding 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 ASML Holding's stock expected returns. We can calculate the autocorrelation of ASML Holding returns to help us make a trade decision. For example, suppose you find that ASML Holding 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 |
ASML Holding 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 ASML Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASML Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASML Holding stock over time.
Current vs Lagged Prices |
| Timeline |
ASML Holding Lagged Returns
When evaluating ASML Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASML Holding stock have on its future price. ASML Holding 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, ASML Holding autocorrelation shows the relationship between ASML Holding stock current value and its past values and can show if there is a momentum factor associated with investing in ASML Holding NV.
Regressed Prices |
| Timeline |
ASML Holding Investors Sentiment
The influence of ASML Holding's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ASML. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ASML Holding's public news can be used to forecast risks associated with an investment in ASML. The trend in average sentiment can be used to explain how an investor holding ASML can time the market purely based on public headlines and social activities around ASML Holding NV. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ASML Holding's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ASML Holding's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ASML Holding's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ASML Holding.
ASML Holding Implied Volatility | 67.34 |
ASML Holding's implied volatility exposes the market's sentiment of ASML Holding NV stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ASML Holding's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ASML Holding stock will not fluctuate a lot when ASML Holding's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ASML Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ASML Holding's short interest history, or implied volatility extrapolated from ASML Holding options trading.
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 Stock
| 0.88 | VECO | Veeco Instruments Financial Report 13th of May 2024 | PairCorr |
| 0.73 | TRT | Trio Tech International | PairCorr |
Moving against ASML Stock
| 0.62 | INTC | Intel Report 25th of April 2024 | PairCorr |
| 0.61 | III | Information Services Financial Report 13th of May 2024 | PairCorr |
| 0.53 | MEI | Methode Electronics Financial Report 27th of June 2024 | PairCorr |
| 0.52 | ACLS | Axcelis Technologies Financial Report 1st of May 2024 | PairCorr |
| 0.51 | CAN | Canaan Inc Financial Report 24th of May 2024 | PairCorr |
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 instruments. 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.Check out ASML Holding Correlation, ASML Holding Volatility and ASML Holding Alpha and Beta module to complement your research on ASML Holding. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for ASML Stock analysis
When running ASML Holding's 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 the 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.
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ASML Holding 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.