ASMLF OTC Pink Sheet Market Value

ASMLF
 Stock
  

USD 588.77  7.34  1.23%   

ASML Holding's market value is the price at which a share of ASML Holding stock trades on a public exchange. It measures the collective expectations of ASML Holding NV investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of ASML Holding NV and determine expected loss or profit from investing in ASML Holding over a given investment horizon. Please continue to ASML Holding Correlation, ASML Holding Volatility and ASML Holding Alpha and Beta module to complement your research on ASML Holding.
Symbol

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.

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 otc pink sheet 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.
0.00
12/17/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/07/2022
0.00
If you would invest  0.00  in ASML Holding on December 17, 2020 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 720 days. ASML Holding is related to or competes with ASML Holding, Applied Materials, Lam Research, KLA Tencor, and Starbucks. 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 otc pink sheet 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of ASML Holding in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
592.59596.11599.63
Details
Intrinsic
Valuation
LowReal ValueHigh
454.19457.71655.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ASML Holding. Your research has to be compared to or analyzed against ASML Holding's peers to derive any actionable benefits. When done correctly, ASML Holding's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ASML Holding NV.

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 0.11, which signifies that the company had 0.11% of return per unit of return volatility over the last 3 months. Our viewpoint regarding foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for ASML Holding NV, which you can use to evaluate the future volatility of the firm. Please makes use of ASML Holding's Risk Adjusted Performance of 0.1911, semi deviation of 2.75, and Mean Deviation of 2.7 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 8. The firm shows a Beta (market volatility) of -0.024, which signifies not very significant fluctuations relative to the market. Let's try to break down what ASMLF's beta means in this case. As returns on the market increase, returns on owning ASML Holding are expected to decrease at a much lower rate. During the bear market, ASML Holding is likely to outperform the market. Although it is vital to follow ASML Holding NV historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The way of foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing ASML Holding NV technical indicators, you can now evaluate if the expected return of 0.39% will be sustainable into the future. Please makes use of ASML Holding NV total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power to make a quick decision on whether ASML Holding price patterns will revert.

Auto-correlation

    
  -0.75  

Almost perfect reverse predictability

ASML Holding NV has almost perfect reverse predictability. Overlapping area represents the amount of predictability between ASML Holding time series from 17th of December 2020 to 12th of December 2021 and 12th of December 2021 to 7th of December 2022. 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 -0.75 indicates that around 75.0% of current ASML Holding price fluctuation can be explain by its past prices.
Correlation Coefficient-0.75
Spearman Rank Test-0.67
Residual Average0.0
Price Variance9558.27

ASML Holding NV lagged returns against current returns

Autocorrelation, which is ASML Holding otc pink sheet'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 otc pink sheet 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 otc pink sheet 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       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 otc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASML Holding otc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASML Holding otc pink sheet over time.
   Current vs Lagged Prices   
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       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 otc pink sheet 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 otc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ASML Holding NV.
   Regressed Prices   
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       Timeline  

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.

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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

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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 ASML Holding Correlation, ASML Holding Volatility and ASML Holding Alpha and Beta module to complement your research on ASML Holding. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.
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ASML Holding technical otc pink sheet 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, otc market cycles, or different charting patterns.
A focus of ASML Holding technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ASML Holding 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...