Aspen Technology Inc shows Coefficient Of Variation of 253.66, Risk Adjusted Performance of 0.1814 and Mean Deviation of 1.07. 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 eighteen technical drivers for Aspen Technology Inc which can be compared to its rivals. Please confirm Aspen Technology IncStandard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Aspen Technology Inc is priced correctly providing market reflects its regular price of 75.69 per share. Given that Aspen Technology has Treynor Ratio of 0.3789, we suggest you validate Aspen Technology Inc prevailing market performance to make sure the company can sustain itself at future point.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Inc 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 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 0.79 % which means Aspen Technology Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 513.95, 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 third in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.43 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Aspen Technology Inc is roughly 1.43