Aspen Competitors

Pink Sheets . USA . 
Stock . Aspen Digital
ASPD Stock  USD 3.37  0.03  0.90%   
Aspen Digital competes with Legacy Education, Apple, NVIDIA, Microsoft, and Bristol-Myers Squibb; as well as few others. Analyzing Aspen Digital competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Aspen Digital to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Aspen Digital Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Aspen Digital competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aspen Digital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.093.343.59
Details
Intrinsic
Valuation
LowRealHigh
3.083.333.58
Details
Naive
Forecast
LowNextHigh
3.063.313.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.343.343.34
Details

Aspen Digital Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Aspen Digital and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Aspen and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Aspen Digital does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NVDA
+ 0.78
AAPL
AMZN
+ 0.78
MSFT
AMZN
+ 0.62
AAPL
META
+ 0.61
NVDA
META
+ 0.55
AAPL
GOOG
+ 0.54
MSFT
  
High negative correlations   
META
- 0.5
LGCY
META
- 0.4
BMYMP
META
- 0.26
GOOG
AAPL
- 0.24
LGCY
AMZN
- 0.2
LGCY
NVDA
- 0.18
LGCY

Risk-Adjusted Indicators

There is a big difference between Aspen Pink Sheet performing well and Aspen Digital 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 Digital's 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.
All Fundamental Data

Aspen Digital Competitive Analysis

The better you understand Aspen Digital competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Aspen Digital's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Aspen Digital's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ASPD LGCY AAPL NVDA MSFT BMYMP GOOG AMZN META
 0.90 
 3.37 
Aspen
 2.75 
 5.98 
Legacy
 0.16 
 232.15 
Apple
 0.89 
 136.93 
NVIDIA
 0.14 
 416.72 
Microsoft
 7.71 
 900.00 
Bristol-Myers
 1.34 
 164.51 
Alphabet
 0.34 
 187.53 
Amazon
 0.02 
 576.93 
Meta
Market Volatility
(90 Days Market Risk)
Very steady
Slightly risky
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Market Crasher
Insignificant
Modest
Very Weak
Weak
Very Weak
Weak
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
About Average
Low
Very Low
Low
Very Low
Low
Very Low
Very Small
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Sell
Strong Buy
Strong Buy
Strong Buy
Not Available
Strong Buy
Strong Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Hold
Strong Sell
Hold
Strong Sell
Cautious Hold
Hold
Strong Hold
Current Ratio
N/A
0.1
0.88
3.39
1.84
1.4
2.52
0.94
2.52
Net Asset
N/A
35.17 M
352.58 B
65.73 B
512.16 B
109.31 B
402.39 B
527.85 B
229.62 B
Profit Margin
N/A
N/A
0.26
0.55
0.36
N/A
0.27
0.0735
0.34
EBITDA
N/A
7.37 M
125.82 B
35.58 B
131.72 B
20.1 B
100.03 B
85.52 B
57.13 B
Operating Margin
N/A
N/A
0.3
0.62
0.43
N/A
0.32
0.0992
0.38
Current Valuation
N/A
N/A
3.59 T
3.2 T
3.1 T
N/A
1.97 T
2.01 T
1.44 T
Price To Book
N/A
N/A
53.3
55.51
11.59
N/A
6.83
8.33
9.46
Retained Earnings
N/A
6.22 M
(214 M)
29.82 B
173.14 B
N/A
211.25 B
113.62 B
82.07 B
Current Asset
N/A
129.46 M
106.87 B
6.05 B
139.66 B
N/A
105.41 B
35.7 B
N/A
Five Year Return
N/A
N/A
1.0
0.2
1.18
N/A
N/A
N/A
N/A
Beta
N/A
1.38
1.24
1.67
0.9
0.35
1.04
1.15
1.22
Number Of Employees
N/A
195
161 K
29.6 K
228 K
23.7 K
179.58 K
1.52 M
70.8 K
Shares Outstanding
N/A
N/A
15.2 B
24.53 B
7.43 B
N/A
5.58 B
10.5 B
2.18 B
Cash Flow From Operations
N/A
1.65 M
110.54 B
28.09 B
118.55 B
16.21 B
101.75 B
84.95 B
71.11 B
Annual Yield
N/A
N/A
0.0043
3.0E-4
0.0079
0.0012
0.0048
N/A
0.0034
Total Debt
N/A
4.84 M
111.95 B
11.06 B
97.85 B
39.6 B
28.5 B
135.61 B
37.23 B
Return On Equity
N/A
N/A
1.61
1.24
0.37
N/A
0.31
0.22
0.35
Book Value Per Share
N/A
-2.29
4.38
2.37
36.12
7.55
24.41
22.54
61.89
Return On Asset
N/A
N/A
0.23
0.55
0.15
N/A
0.16
0.0658
0.18
Number Of Shares Shorted
N/A
N/A
141.74 M
251.09 M
59.53 M
N/A
36.07 M
92.62 M
32.46 M
Current Liabilities
N/A
81.09 M
79.01 B
2.35 B
59.36 B
N/A
16.76 B
33.89 B
N/A
Total Asset
N/A
35.17 M
352.58 B
65.73 B
512.16 B
109.31 B
402.39 B
527.85 B
229.62 B
Debt To Equity
N/A
8.18
2.61
0.56
0.44
59.4
0.12
1.2
0.13
Short Ratio
N/A
N/A
2.32
0.8
3.12
N/A
2.41
2.41
2.67
Target Price
N/A
N/A
240.78
148.53
495.97
N/A
198.85
218.9
596.87
Last Dividend Paid
N/A
N/A
0.97
0.022
3.0
1.59
0.2
N/A
1.0
Shares Owned By Institutions
N/A
N/A
60.99
66.76
73.61
N/A
61.8
64.14
79.1
Market Capitalization
N/A
61525.87 T
3.52 T
3.33 T
3.09 T
2.11 T
2.04 T
1.96 T
1.46 T
Price To Earning
N/A
0.91
24.24
41.94
26.64
N/A
20.62
83.26
9.3
Price To Earnings To Growth
N/A
-0.01
2.24
1.02
2.27
N/A
1.11
1.78
1.03
Price To Sales
N/A
N/A
9.14
34.57
12.62
N/A
6.22
3.25
9.74
Net Income
N/A
5.11 M
97 B
29.76 B
88.14 B
7.01 B
73.8 B
30.43 B
39.1 B
Earnings Per Share
N/A
-0.93
6.57
2.13
11.81
N/A
6.98
4.19
19.52
Shares Owned By Insiders
N/A
N/A
2.7
4.29
0.05
N/A
0.01
8.98
0.16
Revenue
N/A
46 M
383.29 B
60.92 B
245.12 B
46.38 B
307.39 B
574.78 B
134.9 B
Working Capital
N/A
8.86 M
(1.74 B)
33.71 B
34.45 B
N/A
89.72 B
7.43 B
53.41 B
Cash And Equivalents
N/A
2.83 M
29.96 B
13.14 B
34.7 B
6.07 B
116.26 B
53.89 B
40.49 B
Cash Per Share
N/A
0.03
3.04
5.34
14.39
3.72
8.98
5.75
15.06
Gross Profit
N/A
N/A
170.78 B
44.3 B
165.36 B
N/A
156.63 B
225.15 B
92.86 B
Day Typical Price
3.35
5.99
232.18
138.23
418.27
900.0
165.6
187.49
579.03
Accumulation Distribution
55.02
10270.08
458053.0
8.7 M
242125.0
N/A
320160.0
388970.0
145120.0
Daily Balance Of Power
0.4286
0.2963
0.1114
0.301
0.0868
9.2 T
(0.63)
0.2177
0.0143
Period Momentum Indicator
0.03
0.16
0.37
1.21
0.6
64.45
(2.23)
0.64
0.14
Rate Of Daily Change
1.01
1.03
1.0
1.01
1.0
1.08
0.99
1.0
1.0
Day Median Price
3.34
6.0
232.19
138.88
419.04
900.0
166.15
187.47
580.09
Price Action Indicator
0.05
0.06
0.15
(1.34)
(2.02)
32.23
(2.76)
0.38
(3.09)
Relative Strength Index
92.79
N/A
70.97
52.23
66.04
5.53
81.64
79.75
91.31
Coefficient Of Variation
82085.16
127.77
(18,239)
2138.2
(1,140)
4901.32
(1,088)
(7,192)
724.45
Mean Deviation
0.0914
2.57
1.02
3.09
0.9498
1.57
1.2
1.46
1.4
Jensen Alpha
(0.01)
2.71
(0.08)
0.006
(0.18)
0.1398
(0.24)
(0.15)
0.1923
Total Risk Alpha
(0.03)
2.42
(0.14)
(0.17)
(0.22)
(0.29)
(0.29)
(0.21)
0.0903
Sortino Ratio
(0.15)
N/A
N/A
0.026
N/A
6.0E-4
N/A
N/A
0.0945
Downside Variance
0.2697
N/A
N/A
17.1
N/A
78.96
N/A
N/A
3.97
Standard Deviation
0.2479
3.49
1.43
4.01
1.22
4.19
1.6
2.03
1.94
Kurtosis
11.45
1.48
1.6
0.7563
0.3808
9.46
1.4
4.37
1.64
Potential Upside
0.3003
10.85
1.8
6.13
1.77
8.23
1.92
2.77
3.86
Treynor Ratio
(0.17)
14.57
(0.02)
0.0723
(0.12)
(0.08)
(0.14)
(0.02)
0.2738
Maximum Drawdown
1.51
10.85
6.62
22.34
4.92
28.51
7.24
11.68
8.61
Variance
0.0614
12.18
2.05
16.06
1.48
17.57
2.55
4.12
3.77
Market Risk Adjusted Performance
(0.16)
14.58
(0.01)
0.0823
(0.11)
(0.07)
(0.13)
(0.01)
0.2838
Risk Adjusted Performance
(0.02)
0.6403
(0.000081)
0.0458
(0.07)
0.0246
(0.07)
(0.01)
0.1174
Skewness
1.24
1.47
(0.71)
0.0747
(0.59)
0.8095
(1.19)
(1.15)
(0.40)
Semi Deviation
0.1633
N/A
N/A
3.98
N/A
2.82
N/A
N/A
1.7
Information Ratio
(0.32)
0.7598
(0.06)
0.0268
(0.15)
0.0014
(0.14)
(0.05)
0.0969
Value At Risk
(0.30)
(0.64)
(2.78)
(6.67)
(2.23)
(6.97)
(3.94)
(3.06)
(2.54)
Expected Short fall
(0.60)
N/A
N/A
(3.10)
N/A
(5.84)
N/A
N/A
(1.53)
Downside Deviation
0.5194
N/A
N/A
4.13
N/A
8.89
N/A
N/A
1.99
Semi Variance
0.0267
N/A
N/A
15.8
N/A
7.94
N/A
N/A
2.88

Aspen Digital Competition Performance Charts

Five steps to successful analysis of Aspen Digital Competition

Aspen Digital's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Aspen Digital in relation to its competition. Aspen Digital's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Aspen Digital in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Aspen Digital's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Aspen Digital, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Aspen Digital position

In addition to having Aspen Digital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Healthcare
Healthcare Theme
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 constituents at this time.
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Other Information on Investing in Aspen Pink Sheet

Aspen Digital financial ratios help investors to determine whether Aspen Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aspen with respect to the benefits of owning Aspen Digital security.
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