Aspen Technology Technical Analysis

Aspen Technology Inc -- USA Stock  

USD 66.74  0.55  0.82%

Aspen Technology Inc shows Downside Deviation of 1.13, Risk Adjusted Performance of 0.0505 and Mean Deviation of 0.787. Aspen Technology Inc 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 Inc which can be compared to its rivals. Please confirm Aspen Technology Inc Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if Aspen Technology Inc is priced correctly providing market reflects its regular price of 66.74 per share. Given that Aspen Technology has Jensen Alpha of 0.0795, we suggest you validate Aspen Technology Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Aspen Technology Inc Trend Analysis

Use this graph to draw trend lines for Aspen Technology Inc. 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 Inc applied against its price change over selected period. The best fit line has a slop of 0.09875 % which means Aspen Technology Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 7.96, which is the sum of squared deviations for the predicted Aspen Technology price change compared to its average price change.

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Aspen Technology Inc is rated fifth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.29  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Aspen Technology Inc is roughly  1.29