The company's average rating is Strong Buy from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Aspen market sentiment investors' perception of the future value of Aspen. Let us look at a few aspects of Aspen technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Aspen Group. In general, sophisticated investors focus on analyzing Aspen stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Aspen's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Aspen's intrinsic value. In addition to deriving basic predictive indicators for Aspen, many experienced traders also check how macroeconomic factors affect Aspen price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Watch out for price decline
Please consider monitoring Aspen on a daily basis if you are holding a position in it. Aspen is trading at a penny-stock level, and the possibility of delisting is much higher compared to other pink sheets. However, just because the pink sheet is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Aspen stock to be traded above the $1 level to remain listed. If Aspen pink sheet price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How does Aspen Stands against Peers?
Analyzing Aspen competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Aspen across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Aspen Competition DetailsGoing after Aspen Financials
Aspen Group has a beta of -0.2445. Let's try to break down what Aspen's beta means in this case. As returns on the market increase, Aspen returns are expected to increase less than the market. However, during the bear market, the loss on holding Aspen will be expected to be smaller as well. The beta indicator helps investors understand whether Aspen moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Aspen deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity reported the previous year's revenue of 62.84
M. Net Loss for the year was (8.79
M) with profit before overhead, payroll, taxes, and interest of 39.42
M.
Another 3 percent drop for Aspen
Aspen risk adjusted performance is up to 0.0.
As of the 13th of September 2021, Aspen shows the
risk adjusted performance of
(0.004896), and Mean Deviation of 2.87. Aspen Group
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen
technical drivers for Aspen Group, which can be compared to its rivals. Please confirm
Aspen Group coefficient of variation,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
skewness to decide if Aspen Group is priced correctly, providing market reflects its regular price of 5.48 per share. Given that Aspen has
jensen alpha of
(0.09), we suggest you to validate Aspen Group's prevailing market performance to make sure the company can sustain itself at a future point.
The Current Takeaway on Aspen Investment
When is the right time to buy or sell Aspen Group? Buying stocks such as Aspen isn't very hard. However, what challenging for most investors is doing it at the right time. Proper
market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
The bottom line, as of the 13th of September 2021, we believe that Aspen is currently
undervalued with
very low odds of financial distress in the next two years. However, our actual 90 days advice on the firm is
Strong Sell.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Aspen Group. Please refer to our
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