Aspen Digital Stock Technical Analysis
ASPD Stock | USD 3.35 0.02 0.59% |
As of the 1st of December, Aspen Digital shows the Mean Deviation of 0.144, downside deviation of 0.8827, and Risk Adjusted Performance of 0.0093. Our technical analysis interface gives you tools to check existing technical drivers of Aspen Digital, as well as the relationship between them. Please confirm Aspen Digital jensen alpha, as well as the relationship between the potential upside and skewness to decide if Aspen Digital is priced correctly, providing market reflects its regular price of 3.35 per share. Given that Aspen Digital has jensen alpha of (0.01), we suggest you to validate Aspen Digital's prevailing market performance to make sure the company can sustain itself at a future point.
Aspen Digital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aspen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AspenAspen |
Aspen Digital technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Aspen Digital Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Digital volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aspen Digital Trend Analysis
Use this graph to draw trend lines for Aspen Digital. You can use it to identify possible trend reversals for Aspen Digital 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 Digital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aspen Digital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aspen Digital applied against its price change over selected period. The best fit line has a slop of 0.0007 , which means Aspen Digital will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Aspen Digital price change compared to its average price change.About Aspen Digital Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Aspen Digital on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Aspen Digital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aspen Digital price pattern first instead of the macroeconomic environment surrounding Aspen Digital. By analyzing Aspen Digital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Aspen Digital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Aspen Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aspen Digital December 1, 2024 Technical Indicators
Most technical analysis of Aspen help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Aspen from various momentum indicators to cycle indicators. When you analyze Aspen charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0093 | |||
Market Risk Adjusted Performance | 0.0021 | |||
Mean Deviation | 0.144 | |||
Semi Deviation | 0.237 | |||
Downside Deviation | 0.8827 | |||
Coefficient Of Variation | 3670.44 | |||
Standard Deviation | 0.3559 | |||
Variance | 0.1267 | |||
Information Ratio | (0.36) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.14) | |||
Treynor Ratio | (0.01) | |||
Maximum Drawdown | 2.7 | |||
Value At Risk | (0.59) | |||
Potential Upside | 0.8982 | |||
Downside Variance | 0.7791 | |||
Semi Variance | 0.0562 | |||
Expected Short fall | (0.80) | |||
Skewness | (0.18) | |||
Kurtosis | 7.42 |
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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