AZPN (Aspen Technology) 6-1 Month Momentum % : 23.28% (As of Dec. 14, 2024)

View and export this data going back to 1994. Start your Free Trial

What is Aspen Technology 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-12-14), Aspen Technology's 6-1 Month Momentum % is 23.28%.

The industry rank for Aspen Technology's 6-1 Month Momentum % or its related term are showing as below:

AZPN's 6-1 Month Momentum % is ranked better than
71.67% of 2817 companies
in the Software industry
Industry Median: -0.45 vs AZPN: 23.28

Competitive Comparison of Aspen Technology's 6-1 Month Momentum %

For the Software - Application subindustry, Aspen Technology's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aspen Technology's 6-1 Month Momentum % Distribution in the Software Industry

For the Software industry and Technology sector, Aspen Technology's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Aspen Technology's 6-1 Month Momentum % falls into.

Aspen Technology (NAS:AZPN) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aspen Technology (NAS:AZPN) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Aspen Technology 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Aspen Technology's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Aspen Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aspen Technology Inc (NAS:AZPN) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AZPN1:Mexico AST:Germany YV0:Germany

Address

20 Crosby Drive, Bedford, MA, USA, 01730

Website

https://www.aspentech.com

Aspen Technology is a global leader in asset optimization software, enabling customers within capital-intensive industries to design, operate and maintain their functions to meet their profitability, safety, and sustainability goals. The heritage business of AspenTech was founded in 1981 and provides software solutions purposed to optimize engineering, manufacturing, and supply chain and asset management functions. In 2021, Emerson Electric traded over $6 billion in cash and its Open Systems International (digital grid management) and subsurface science and engineering businesses for 55% of AspenTech's shares. The new AspenTech is the combination of heritage Aspen, OSI, and SSE and serves more than 3,000 customers across 40 countries.

Executives

Whelan, Jr. Robert M.	director	ARIAD PHARMACEUTICALS, INC., 26 LANDSDOWNE STREET, CAMBRIDGE MA 02139
Mark Edgar Mouritsen	officer: Senior VP & General Counsel	C/O ASPEN TECHNOLOGY, INC., 20 CROSBY DRIVE, BEDFORD MA 01730
F G Hammond	officer: Senior VP & General Counsel	C/O ASPEN TECHNOLOGY, INC., 10 CANAL PARK, CAMBRIDGE MA 02141
Antonio J Pietri	director, officer: President & CEO	C/O ASPEN TECHNOLOGY, INC., 20 CROSBY DRIVE, BEDFORD MA 01730
Robert E Beauchamp	director	2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Chantelle Yvette Breithaupt	officer: SVP, Chief Financial Officer	C/O ASPEN TECHNOLOGY, INC. 20 CROSBY DR., BEDFORD MA 01730
Arlen Shenkman	director	C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Thomas F Bogan	director	C/O WORKDAY, INC., 6110 STONERIDGE MALL RD, PLEASANTON CA 94588
Patrick M. Antkowiak	director	4 PATRICK WAY, KINGSVILLE MD 21087
Christopher Stagno	officer: SVP, Chief Accounting Officer	C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02110
Manish Chawla	officer: Chief Revenue Officer	C/O ASPEN TECHNOLOGY, INC., 20 CROSBY DRIVE, BEDFORD MA 01730
Jill D. Smith	director	1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Karen Golz	director	ONE TECHNOLOGY WAY, NORWOOD MA 02062
Ram R. Krishnan	director	C/O EMERSON ELECTRIC CO., 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Emerson Electric Co	director, 10 percent owner	8000 W. FLORISSANT, P.O. BOX 4100, ST LOUIS MO 63136