Aspen Technology shows Downside Deviation of 1.26, Risk Adjusted Performance of 0.0508 and Mean Deviation of 1.03. Aspen Technology 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 future prices. In plain English 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 found nineteen technical drivers for Aspen Technology which can be compared to its rivals. Please confirm Aspen TechnologyCoefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Aspen Technology is priced correctly providing market reflects its regular price of 99.5 per share. Given that Aspen Technology has Jensen Alpha of 0.1088, we suggest you validate Aspen Technology prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. 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 Aspen Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Aspen Technology Trend Analysis
Use this graph to draw trend lines for Aspen Technology. You can use it to identify possible trend reversals for Aspen Technology 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 Aspen Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Aspen Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aspen Technology applied against its price change over selected period. The best fit line has a slop of 0.41 % which means Aspen Technology will continue generating value for investors. It has 34 observation points and a regression sum of squares at 134.57, which is the sum of squared deviations for the predicted Aspen Technology price change compared to its average price change.
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