Aspen Technology Stock Price on December 20, 2024

AZPN Stock  USD 250.86  1.30  0.52%   
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 250.86, as last reported on the 24th of December, with the highest price reaching 250.86 and the lowest price hitting 249.56 during the day.
IPO Date
25th of October 1994
200 Day MA
217.7559
50 Day MA
244.6428
Beta
0.761
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Aspen Stock, it is important to understand the factors that can impact its price. As of now, Aspen Stock is very steady. Aspen Technology secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aspen Technology, which you can use to evaluate the volatility of the firm. Please confirm Aspen Technology's Mean Deviation of 0.7971, risk adjusted performance of 0.073, and Downside Deviation of 1.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
At this time, Aspen Technology's Total Stockholder Equity is very stable compared to the past year. As of the 24th of December 2024, Common Stock Shares Outstanding is likely to grow to about 66.7 M, while Common Stock Total Equity is likely to drop about 8.5 M. . At this time, Aspen Technology's Price Cash Flow Ratio is very stable compared to the past year. As of the 24th of December 2024, Price Sales Ratio is likely to grow to 11.74, though Price Earnings Ratio is likely to grow to (1.2 K). Aspen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1405

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Estimated Market Risk

 1.02
  actual daily
9
91% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Aspen Technology is performing at about 11% 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
1.2433
Enterprise Value Ebitda
41.9438
Price Sales
14.4277
Shares Float
26.7 M
Wall Street Target Price
246.2763

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Aspen Technology Valuation on December 20, 2024

It is possible to determine the worth of Aspen Technology on a given historical date. On December 20, 2024 Aspen was worth 249.06 at the beginning of the trading date compared to the closed value of 250.72. 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
  247.33    250.12    246.22    249.06    480,875  
12/20/2024
  249.06    251.61    248.89    250.72    1,211,200  
  250.00    250.91    248.23    249.56    459,943  
Backtest Aspen Technology  |  Aspen Technology History  |  Aspen Technology Valuation   PreviousNext  
Open Value
249.06
245.99
Downside
250.72
Closing Value
252.13
Upside

Aspen Technology Trading Date Momentum on December 20, 2024

On December 23 2024 Aspen Technology was traded for  249.56  at the closing time. The top price for the day was 250.91  and the lowest listed price was  248.23 . The trading volume for the day was 459.9 K. The trading history from December 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.46% . The overall trading delta against the current closing price is 0.46% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding63.7 M66.7 M
Net Income Applicable To Common Shares81.5 M110.2 M

Aspen Technology Quarterly Net Working Capital

564.67 Million

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.
A focus of Aspen Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aspen Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aspen Technology Period Price Range

Low
December 24, 2024
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High

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Aspen Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Aspen Technology December 24, 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

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.
When determining whether Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock:
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 closely tied 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Application Software space 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
0.682
Earnings Share
(0.57)
Revenue Per Share
17.245
Quarterly Revenue Growth
(0.13)
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.