Aspen Digital Stock Performance
| ASPD Stock | USD 3.32 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0152, 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. At this point, Aspen Digital has a negative expected return of -0.0238%. Please make sure to confirm Aspen Digital's variance, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Aspen Digital performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Aspen Digital has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Aspen Digital is not utilizing all of its potentials. The latest 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 337.00 in Aspen Digital on October 25, 2024 and sell it today you would lose (5.00) from holding Aspen Digital or give up 1.48% of portfolio value over 90 days. Aspen Digital is currently does not generate positive expected returns and assumes 0.3778% 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 = -0.063
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| Negative Returns | ASPD |
Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aspen Digital is not performing at its full potential. However, 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 Aspen Digital 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.| Aspen Digital generated a negative expected return over the last 90 days |
- 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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