Aspen Technology Stock Price on May 10, 2024
| AZPN Stock | USD 210.65 0.86 0.41% |
If you're considering investing in Aspen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aspen Technology stands at 210.65, as last reported on the 2nd of June, with the highest price reaching 212.59 and the lowest price hitting 207.44 during the day. We consider Aspen Technology very steady. Aspen Technology secures Sharpe Ratio (or Efficiency) of 0.0654, which signifies that the company had a 0.0654% return per unit of risk over the last 3 months. We have found thirty technical indicators for Aspen Technology, which you can use to evaluate the volatility of the firm. Please confirm Aspen Technology's Downside Deviation of 2.01, mean deviation of 1.62, and Risk Adjusted Performance of 0.0556 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
At this time, Aspen Technology's Total Stockholder Equity is very stable compared to the past year. As of the 2nd of June 2024, Liabilities And Stockholders Equity is likely to grow to about 17.5 B, while Common Stock Shares Outstanding is likely to drop about 66.6 M. . At this time, Aspen Technology's Price Fair Value is very stable compared to the past year. Aspen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aspen |
Sharpe Ratio = 0.0654
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Aspen Technology is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Aspen Technology by adding it to a well-diversified portfolio.
Price Book 1.046 | Enterprise Value Ebitda 43.142 | Price Sales 12.7153 | Shares Float 26.8 M | Wall Street Target Price 223.01 |
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Aspen Technology Valuation on May 10, 2024
It is possible to determine the worth of Aspen Technology on a given historical date. On May 10, 2024 Aspen was worth 206.33 at the beginning of the trading date compared to the closed value of 209.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aspen Technology stock. Still, in general, we apply an absolute valuation method to find Aspen Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aspen Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aspen Technology's related companies.
| Open | High | Low | Close | Volume | |
| 197.36 | 207.33 | 194.96 | 205.94 | 441,580 | |
05/10/2024 | 206.33 | 211.38 | 203.96 | 209.08 | 317,275 |
| 209.58 | 211.42 | 206.23 | 207.30 | 195,259 |
| Backtest Aspen Technology | | | Aspen Technology History | | | Aspen Technology Valuation | Previous | Next |
Aspen Technology Trading Date Momentum on May 10, 2024
| On May 13 2024 Aspen Technology was traded for 207.30 at the closing time. The top price for the day was 211.42 and the lowest listed price was 206.23 . The trading volume for the day was 195.3 K. The trading history from May 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.85% . The overall trading delta against the current closing price is 5.75% . |
Aspen Technology Fundamentals Correlations and Trends
By evaluating Aspen Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aspen Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aspen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aspen Technology Stock history
Aspen Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aspen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aspen Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aspen Technology stock prices may prove useful in developing a viable investing in Aspen Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 74.3 M | 66.6 M | |
| Net Income Applicable To Common Shares | 81.5 M | 110.2 M |
Aspen Technology Quarterly Net Working Capital |
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Aspen Technology Stock Technical Analysis
Aspen Technology 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.
Price Boundaries
Aspen Technology Period Price Range
Low | May 10, 2024
| High |
206.33 | 209.08 |
Aspen Technology June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Aspen Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aspen Technology shares will generate the highest return on investment. By undertsting and applying Aspen Technology stock market strength indicators, traders can identify Aspen Technology entry and exit signals to maximize returns
Aspen Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aspen Technology's price direction in advance. Along with the technical and fundamental analysis of Aspen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aspen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0556 | |||
| Jensen Alpha | 0.1026 | |||
| Total Risk Alpha | 0.037 | |||
| Sortino Ratio | 0.0636 | |||
| Treynor Ratio | 0.0953 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 (0.42) | Revenue Per Share 17.259 | Quarterly Revenue Growth 0.21 | 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.