Aspen Digital Stock Performance
| ASPD Stock | USD 3.35 0.02 0.59% |
Aspen Digital has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0893, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aspen Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aspen Digital is expected to be smaller as well. Aspen Digital right now shows a risk of 0.36%. Please confirm Aspen Digital sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Aspen Digital will be following its price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Aspen Digital are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Aspen Digital is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Aspen |
Aspen Digital Relative Risk vs. Return Landscape
If you would invest 333.00 in Aspen Digital on August 24, 2024 and sell it today you would earn a total of 2.00 from holding Aspen Digital or generate 0.6% return on investment over 90 days. Aspen Digital is currently generating 0.01% in daily expected returns and assumes 0.3615% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of pink sheets are less volatile than Aspen, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Aspen Digital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspen Digital's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Aspen Digital, and traders can use it to determine the average amount a Aspen Digital's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0277
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| Negative Returns | ASPD |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Aspen Digital is performing at about 2% 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 Digital by adding it to a well-diversified portfolio.
About Aspen Digital Performance
By analyzing Aspen Digital's fundamental ratios, stakeholders can gain valuable insights into Aspen Digital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aspen Digital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Aspen Digital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Aspen Digital performance evaluation
Checking the ongoing alerts about Aspen Digital for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Aspen Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Aspen Digital's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Aspen Digital's pink sheet performance include:- Analyzing Aspen Digital's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Aspen Digital's stock is overvalued or undervalued compared to its peers.
- Examining Aspen Digital's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Aspen Digital's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aspen Digital's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aspen Digital's pink sheet. These opinions can provide insight into Aspen Digital's potential for growth and whether the stock is currently undervalued or overvalued.
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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