Aspen Technology Stock Price on May 1, 2024
| AZPN Stock | USD 212.00 2.94 1.41% |
Below is the normalized historical share price chart for Aspen Technology extending back to October 26, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Aspen Technology stands at 212.00, as last reported on the 15th of May 2024, with the highest price reaching 212.00 and the lowest price hitting 212.00 during the day.
If you're considering investing in Aspen Stock, it is important to understand the factors that can impact its price. Aspen Technology appears to be very steady, given 3 months investment horizon. Aspen Technology secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Aspen Technology, which you can use to evaluate the volatility of the firm. Please makes use of Aspen Technology's Downside Deviation of 2.2, mean deviation of 1.55, and Risk Adjusted Performance of 0.063 to double-check if our risk estimates are consistent with your expectations.
At this time, Aspen Technology's Total Stockholder Equity is very stable compared to the past year. As of the 15th of May 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.
IPO Date 25th of October 1994 | 200 Day MA 196.1733 | 50 Day MA 203.1162 | Beta 0.763 |
Aspen |
Sharpe Ratio = 0.129
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AZPN | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.14 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Aspen Technology is performing at about 10% 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 210.15 |
Related Headline
Monolithic Power Headline on 1st of May 2024
Monolithic Q1 Earnings Snapshot by finance.yahoo.com
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 2.66 per share. The chipmaker posted revenue of 457.9 million in the period, also beating Street forecasts.
Aspen Technology Valuation on May 1, 2024
It is possible to determine the worth of Aspen Technology on a given historical date. On May 1, 2024 Aspen was worth 196.89 at the beginning of the trading date compared to the closed value of 195.18. 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 | |
| 198.31 | 199.00 | 196.25 | 196.87 | 226,871 | |
05/01/2024 | 196.89 | 198.81 | 195.18 | 195.18 | 170,414 |
| 196.88 | 201.61 | 195.51 | 201.37 | 287,611 |
| Backtest Aspen Technology | | | Aspen Technology History | | | Aspen Technology Valuation | Previous | Next |
Aspen Technology Trading Date Momentum on May 1, 2024
| On May 02 2024 Aspen Technology was traded for 201.37 at the closing time. The top price for the day was 201.61 and the lowest listed price was 195.51 . The trading volume for the day was 287.6 K. The trading history from May 2, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 3.17% . The overall trading delta against the current closing price is 7.38% . |
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 |
|
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 1, 2024
| High |
196.89 | 195.18 |
Aspen Technology May 15, 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
| Accumulation Distribution | 3111.53 | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 197.0 | |||
| Day Typical Price | 196.39 | |||
| Price Action Indicator | (2.67) | |||
| Period Momentum Indicator | 16.82 |
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 | 0.063 | |||
| Jensen Alpha | 0.0752 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0496 | |||
| Treynor Ratio | 0.124 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public 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.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
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 (0.44) | 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.