Aspen Aerogels Stock Volatility
| ASPN Stock | USD 3.29 0.06 1.79% |
Aspen Aerogels secures Sharpe Ratio (or Efficiency) of -0.0328, which signifies that the company had a -0.0328 % return per unit of risk over the last 3 months. Aspen Aerogels exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aspen Aerogels' Standard Deviation of 6.68, mean deviation of 3.69, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide.
Sharpe Ratio = -0.0328
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Based on monthly moving average Aspen Aerogels 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 Aerogels by adding Aspen Aerogels to a well-diversified portfolio.
Key indicators related to Aspen Aerogels' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Aspen Aerogels Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Aspen daily returns, and it is calculated using variance and standard deviation. We also use Aspen's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Aspen Aerogels volatility.
ESG Sustainability
While most ESG disclosures are voluntary, Aspen Aerogels' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Aspen Aerogels' managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Aspen Aerogels can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Aspen Aerogels at lower prices. For example, an investor can purchase Aspen stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Aspen Aerogels' stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns. Main indicators related to Aspen Aerogels' market risk premium analysis include:
Beta 0.24 | Alpha (0.98) | Risk 3.61 | Sharpe Ratio (0.03) | Expected Return (0.12) |
Moving together with Aspen Stock
Moving against Aspen Stock
| 0.56 | NGS | Natural Gas Services | PairCorr |
| 0.49 | SND | Smart Sand | PairCorr |
| 0.35 | FET | Forum Energy Technologies | PairCorr |
Aspen Aerogels Market Sensitivity And Downside Risk
Aspen Aerogels' beta coefficient measures the volatility of Aspen stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Aspen stock's returns against your selected market. In other words, Aspen Aerogels's beta of 0.24 provides an investor with an approximation of how much risk Aspen Aerogels stock can potentially add to one of your existing portfolios. Aspen Aerogels is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aspen Aerogels' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aspen Aerogels' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Aspen Aerogels Demand TrendCheck current 90 days Aspen Aerogels correlation with market (Dow Jones Industrial)Aspen Aerogels Volatility and Downside Risk
Aspen standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Using Aspen Put Option to Manage Risk
Put options written on Aspen Aerogels grant holders of the option the right to sell a specified amount of Aspen Aerogels at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Aspen Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Aspen Aerogels' position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Aspen Aerogels will be realized, the loss incurred will be offset by the profits made with the option trade.
Aspen Aerogels' PUT expiring on 2026-05-15
Profit |
| Aspen Aerogels Price At Expiration |
Current Aspen Aerogels Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | ASPN260515P00002500 | -0.247444 | 0.204732 | 156 | 2026-05-15 | 0.2 - 0.4 | 0.0 | View |
Put | ASPN260515P00005000 | -0.538655 | 0.146059 | 246 | 2026-05-15 | 1.7 - 3.3 | 0.0 | View |
Put | ASPN260515P00007500 | -0.691977 | 0.124991 | 263 | 2026-05-15 | 3.8 - 5.7 | 0.0 | View |
Put | ASPN260515P00010000 | 0.0 | 0.0 | 294 | 2026-05-15 | 5.5 - 7.6 | 0.0 | View |
Aspen Aerogels Stock Volatility Analysis
Volatility refers to the frequency at which Aspen Aerogels stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Aspen Aerogels' price changes. Investors will then calculate the volatility of Aspen Aerogels' stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Aspen Aerogels' volatility:
Historical Volatility
This type of stock volatility measures Aspen Aerogels' fluctuations based on previous trends. It's commonly used to predict Aspen Aerogels' future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Aspen Aerogels' current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Aspen Aerogels' to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Aspen Aerogels Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Aspen Aerogels Projected Return Density Against Market
Given the investment horizon of 90 days Aspen Aerogels has a beta of 0.2369 . This suggests as returns on the market go up, Aspen Aerogels average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aspen Aerogels will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Aspen Aerogels or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Aspen Aerogels' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Aspen stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Predicted Return Density |
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What Drives an Aspen Aerogels Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Aspen Aerogels Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Aspen Aerogels is -3050.64. The daily returns are distributed with a variance of 13.05 and standard deviation of 3.61. The mean deviation of Aspen Aerogels is currently at 2.71. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.75
α | Alpha over Dow Jones | -0.98 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 3.61 | |
Ir | Information ratio | -0.15 |
Aspen Aerogels Stock Return Volatility
Aspen Aerogels historical daily return volatility represents how much of Aspen Aerogels stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 3.613% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7652% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Aspen Stock performing well and Aspen Aerogels Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Aspen Aerogels' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NX | 2.05 | 0.55 | 0.20 | 1.78 | 2.18 | 6.18 | 14.57 | |||
| FIP | 3.22 | 0.05 | 0.02 | 0.07 | 3.90 | 7.16 | 18.25 | |||
| BXC | 2.47 | 0.30 | 0.11 | 0.88 | 2.24 | 7.62 | 13.08 | |||
| APOG | 1.70 | 0.19 | 0.05 | 2.69 | 2.93 | 4.38 | 17.55 | |||
| LGMK | 7.50 | (0.54) | 0.00 | (0.34) | 0.00 | 17.14 | 44.45 | |||
| EH | 2.03 | (0.61) | 0.00 | 11.22 | 0.00 | 4.67 | 17.58 | |||
| LTBR | 4.88 | (0.94) | 0.00 | (0.24) | 0.00 | 10.15 | 27.21 | |||
| HY | 2.41 | (0.05) | (0.01) | 0.01 | 2.72 | 5.10 | 20.43 | |||
| KRNT | 1.97 | (0.01) | (0.02) | (0.06) | 2.62 | 4.73 | 12.19 | |||
| ADSE | 2.46 | (0.14) | 0.00 | (0.21) | 0.00 | 5.22 | 18.67 |
About Aspen Aerogels Volatility
Volatility is a rate at which the price of Aspen Aerogels or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Aspen Aerogels may increase or decrease. In other words, similar to Aspen's beta indicator, it measures the risk of Aspen Aerogels and helps estimate the fluctuations that may happen in a short period of time. So if prices of Aspen Aerogels fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 41 M | 43.1 M | |
| Market Cap | 829 M | 870.5 M |
Aspen Aerogels' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Aspen Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Aspen Aerogels' price varies over time.
3 ways to utilize Aspen Aerogels' volatility to invest better
Higher Aspen Aerogels' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Aspen Aerogels stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Aspen Aerogels stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Aspen Aerogels investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Aspen Aerogels' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Aspen Aerogels' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Aspen Aerogels Investment Opportunity
Aspen Aerogels has a volatility of 3.61 and is 4.69 times more volatile than Dow Jones Industrial. 32 percent of all equities and portfolios are less risky than Aspen Aerogels. You can use Aspen Aerogels to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Aspen Aerogels to be traded at $3.19 in 90 days.Very good diversification
The correlation between Aspen Aerogels and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aspen Aerogels and DJI in the same portfolio, assuming nothing else is changed.
Aspen Aerogels Additional Risk Indicators
The analysis of Aspen Aerogels' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Aspen Aerogels' investment and either accepting that risk or mitigating it. Along with some common measures of Aspen Aerogels stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (4.09) | |||
| Mean Deviation | 3.69 | |||
| Coefficient Of Variation | (694.78) | |||
| Standard Deviation | 6.68 | |||
| Variance | 44.69 | |||
| Information Ratio | (0.15) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Aspen Aerogels Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Aspen Aerogels as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Aspen Aerogels' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Aspen Aerogels' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Aspen Aerogels.
When determining whether Aspen Aerogels offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen Aerogels' 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 Aerogels Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Aerogels Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Aerogels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Aerogels guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Will Oil & Gas Equipment & Services sector continue expanding? Could Aspen diversify its offerings? Factors like these will boost the valuation of Aspen Aerogels. If investors know Aspen will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Aspen Aerogels data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (3.64) | Revenue Per Share | Quarterly Revenue Growth (0.38) | Return On Assets | Return On Equity |
The market value of Aspen Aerogels 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 Aerogels' value that differs from its market value or its book value, called intrinsic value, which is Aspen Aerogels' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Aspen Aerogels' market value can be influenced by many factors that don't directly affect Aspen Aerogels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Aspen Aerogels' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aspen Aerogels represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Aspen Aerogels' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.