ASML Holding (Netherlands) Technical Analysis
| ASML Stock | EUR 852.40 61.00 6.68% |
As of the 18th of April 2024, ASML Holding shows the Mean Deviation of 1.62, semi deviation of 1.75, and Risk Adjusted Performance of 0.1256. ASML Holding NV technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for ASML Holding NV, which can be compared to its peers. Please confirm ASML Holding NV variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if ASML Holding NV is priced some-what accurately, providing market reflects its regular price of 852.4 per share.
ASML Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ASML, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ASMLASML |
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.
ASML Holding NV Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ASML Holding NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ASML Holding NV Trend Analysis
Use this graph to draw trend lines for ASML Holding NV. You can use it to identify possible trend reversals for ASML Holding as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ASML Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ASML Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ASML Holding NV applied against its price change over selected period. The best fit line has a slop of 1.81 , which means ASML Holding NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 124036.51, which is the sum of squared deviations for the predicted ASML Holding price change compared to its average price change.About ASML Holding Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ASML Holding NV on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ASML Holding NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ASML Holding NV price pattern first instead of the macroeconomic environment surrounding ASML Holding NV. By analyzing ASML Holding's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ASML Holding's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ASML Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
ASML Holding April 18, 2024 Technical Indicators
Most technical analysis of ASML help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ASML from various momentum indicators to cycle indicators. When you analyze ASML charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1256 | |||
| Market Risk Adjusted Performance | 1.51 | |||
| Mean Deviation | 1.62 | |||
| Semi Deviation | 1.75 | |||
| Downside Deviation | 2.11 | |||
| Coefficient Of Variation | 533.14 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.65 | |||
| Information Ratio | 0.1642 | |||
| Jensen Alpha | 0.4227 | |||
| Total Risk Alpha | 0.2644 | |||
| Sortino Ratio | 0.185 | |||
| Treynor Ratio | 1.5 | |||
| Maximum Drawdown | 13.93 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 4.64 | |||
| Downside Variance | 4.45 | |||
| Semi Variance | 3.06 | |||
| Expected Short fall | (1.82) | |||
| Skewness | 0.6943 | |||
| Kurtosis | 3.7 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASML Holding NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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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