Ashland Global Stock Forecast - Price Action Indicator

ASH Stock  USD 78.31  0.34  0.44%   
Ashland Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Ashland Global's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current Inventory Turnover is estimated to decrease to 2.61. The current Payables Turnover is estimated to decrease to 4.73. The Ashland Global's current Common Stock Shares Outstanding is estimated to increase to about 73.1 M. The Ashland Global's current Net Income Applicable To Common Shares is estimated to increase to about 227.4 M.
Ashland Global Holdings has current Price Action Indicator of 0.26. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Ashland Global Trading Date Momentum

On November 28 2024 Ashland Global Holdings was traded for  78.31  at the closing time. Highest Ashland Global's price during the trading hours was 78.72  and the lowest price during the day was  77.73 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of November did not affect price variability. The overall trading delta to current price is 0.31% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Ashland Global

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

Ashland Global 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 Ashland Global stock to make a market-neutral strategy. Peer analysis of Ashland Global could also be used in its relative valuation, which is a method of valuing Ashland Global by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Ashland Global Holdings 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 Ashland Global'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 Ashland Global's current price.

Ashland Global Market Strength Events

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

Ashland Global Risk Indicators

The analysis of Ashland Global's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ashland Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ashland stock prices, 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 investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Ashland Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ashland Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashland Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ashland Global Holdings Stock:
Check out Historical Fundamental Analysis of Ashland Global to cross-verify your projections.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Specialty Chemicals space 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 Ashland Global. If investors know Ashland 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 Ashland Global 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
(0.88)
Dividend Share
1.58
Earnings Share
3.95
Revenue Per Share
42.26
Quarterly Revenue Growth
0.01
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global'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 Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global'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 Ashland Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global'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.