Aspen Ev To Operating Cash Flow from 2010 to 2024
| AZPN Stock | USD 195.18 1.69 0.86% |
EV To Operating Cash Flow | First Reported 2010-12-31 | Previous Quarter 40.96 | Current Value 61.94 | Quarterly Volatility 11.82170074 |
Check Aspen Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aspen main balance sheet or income statement drivers, such as Depreciation And Amortization of 593.4 M, Interest Expense of 3 M or Selling General Administrative of 152.8 M, as well as many exotic indicators such as Price To Sales Ratio of 5.15, Dividend Yield of 0.0032 or PTB Ratio of 1.32. Aspen financial statements analysis is a perfect complement when working with Aspen Technology Valuation or Volatility modules.
Aspen | Ev To Operating Cash Flow |
Latest Aspen Technology's Ev To Operating Cash Flow Growth Pattern
Below is the plot of the Ev To Operating Cash Flow of Aspen Technology over the last few years. It is a valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows. Aspen Technology's EV To Operating Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aspen Technology's overall financial position and show how it may be relating to other accounts over time.
| Ev To Operating Cash Flow | 10 Years Trend |
|
Ev To Operating Cash Flow |
| Timeline |
Aspen Ev To Operating Cash Flow Regression Statistics
| Arithmetic Mean | 31.13 | |
| Geometric Mean | 29.27 | |
| Coefficient Of Variation | 37.97 | |
| Mean Deviation | 8.87 | |
| Median | 31.28 | |
| Standard Deviation | 11.82 | |
| Sample Variance | 139.75 | |
| Range | 44.1215 | |
| R-Value | 0.64 | |
| Mean Square Error | 87.93 | |
| R-Squared | 0.42 | |
| Significance | 0.01 | |
| Slope | 1.70 | |
| Total Sum of Squares | 1,957 |
Aspen Ev To Operating Cash Flow History
About Aspen Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Aspen Technology income statement, its balance sheet, and the statement of cash flows. Aspen Technology investors use historical funamental indicators, such as Aspen Technology's Ev To Operating Cash Flow, to determine how well the company is positioned to perform in the future. Although Aspen Technology investors may use each financial statement separately, they are all related. The changes in Aspen Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aspen Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Aspen Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aspen Technology. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| EV To Operating Cash Flow | 40.96 | 61.94 |
Aspen Technology Investors Sentiment
The influence of Aspen Technology'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 Aspen. 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 Aspen Technology's public news can be used to forecast risks associated with an investment in Aspen. The trend in average sentiment can be used to explain how an investor holding Aspen can time the market purely based on public headlines and social activities around Aspen Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Aspen Technology'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 Aspen Technology'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 Aspen Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Aspen Technology.
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 Aspen Technology 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, Aspen Technology's short interest history, or implied volatility extrapolated from Aspen Technology options trading.
Pair Trading with Aspen Technology
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 Aspen Technology 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 Aspen Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Aspen Stock
| 0.64 | BL | Blackline Earnings Call This Week | PairCorr |
Moving against Aspen Stock
| 0.65 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.61 | QH | QuhuoLtd | PairCorr |
| 0.58 | U | Unity Software Aggressive Push | PairCorr |
| 0.58 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.49 | ZI | ZoomInfo Technologies Financial Report 6th of May 2024 | PairCorr |
The ability to find closely correlated positions to Aspen Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspen Technology 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 Aspen Technology - 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 Aspen Technology to buy it.
The correlation of Aspen Technology 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 Aspen Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspen Technology 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 Aspen Technology 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 the analysis of Aspen Technology Correlation against competitors. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Aspen Stock analysis
When running Aspen Technology's price analysis, check to measure Aspen Technology'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 Aspen Technology is operating at the current time. Most of Aspen Technology's value examination focuses on studying past and present price action to predict the probability of Aspen Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Technology's price. Additionally, you may evaluate how the addition of Aspen Technology to your portfolios can decrease your overall portfolio volatility.
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Is Aspen Technology'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 Aspen Technology. If investors know Aspen 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 Aspen Technology 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 (0.63) | Earnings Share (1.34) | Revenue Per Share 16.424 | Quarterly Revenue Growth 0.059 | Return On Assets (0.01) |
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen Technology'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 Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen Technology'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 Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Technology'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.