Aspen Digital Stock Today
| ASPD Stock | USD 3.32 0.05 1.48% |
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Aspen Digital is trading at 3.32 as of the 1st of May 2024, a -1.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 3.32. Aspen Digital has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Aspen Digital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Aspen Digital Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aspen Digital market risk premium is the additional return an investor will receive from holding Aspen Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aspen Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aspen Digital's alpha and beta are two of the key measurements used to evaluate Aspen Digital's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.48 | |||
| Semi Deviation | 3.67 | |||
| Standard Deviation | 5.09 | |||
| Variance | 25.96 |
Aspen Digital Technical Analysis
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The output start index for this execution was zero with a total number of output elements of sixty-one. Aspen Digital Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Aspen Digital price patterns.
Aspen Stock Against Markets
Picking the right benchmark for Aspen Digital pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aspen Digital pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aspen Digital is critical whether you are bullish or bearish towards Aspen Digital at a given time. Please also check how Aspen Digital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aspen Digital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Aspen Pink Sheet?
Before investing in Aspen Digital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aspen Digital. To buy Aspen Digital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aspen Digital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aspen Digital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aspen Digital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aspen Digital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aspen Digital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Aspen Digital?
The danger of trading Aspen Digital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aspen Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aspen Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aspen Digital is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Digital. 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. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Aspen Pink Sheet analysis
When running Aspen Digital's price analysis, check to measure Aspen Digital'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 Digital is operating at the current time. Most of Aspen Digital's value examination focuses on studying past and present price action to predict the probability of Aspen Digital'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 Digital's price. Additionally, you may evaluate how the addition of Aspen Digital to your portfolios can decrease your overall portfolio volatility.
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