Aurora Spine Stock Probability of Future OTC Stock Price Finishing Under 0.31
| ASAPF Stock | USD 0.30 0.00 0.00% |
Aurora |
Aurora Spine Target Price Odds to finish below 0.31
The tendency of Aurora OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 0.31 after 90 days |
| 0.30 | 90 days | 0.31 | about 82.8 |
Based on a normal probability distribution, the odds of Aurora Spine to stay under $ 0.31 after 90 days from now is about 82.8 (This Aurora Spine probability density function shows the probability of Aurora OTC Stock to fall within a particular range of prices over 90 days) . Probability of Aurora Spine price to stay between its current price of $ 0.30 and $ 0.31 at the end of the 90-day period is about 5.25 .
Assuming the 90 days horizon Aurora Spine has a beta of 0.12. This suggests as returns on the market go up, Aurora Spine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aurora Spine will be expected to be much smaller as well. Additionally Aurora Spine has an alpha of 0.7507, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Aurora Spine Price Density |
| Price |
Predictive Modules for Aurora Spine
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aurora Spine. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Aurora Spine Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Aurora Spine is not an exception. The market had few large corrections towards the Aurora Spine's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Aurora Spine, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Aurora Spine within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.11 |
Aurora Spine Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Aurora Spine for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Aurora Spine can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Aurora Spine is way too risky over 90 days horizon | |
| Aurora Spine has some characteristics of a very speculative penny stock | |
| Aurora Spine appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 10.54 M. Net Loss for the year was (2.36 M) with profit before overhead, payroll, taxes, and interest of 4.83 M. | |
| Aurora Spine has accumulated about 758.98 K in cash with (2.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 18.0% of the company shares are held by company insiders |
Aurora Spine Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Aurora OTC Stock often depends not only on the future outlook of the current and potential Aurora Spine's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Aurora Spine's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 66.7 M |
Aurora Spine Technical Analysis
Aurora Spine's future price can be derived by breaking down and analyzing its technical indicators over time. Aurora OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aurora Spine. In general, you should focus on analyzing Aurora OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Aurora Spine Predictive Forecast Models
Aurora Spine's time-series forecasting models is one of many Aurora Spine's otc stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Aurora Spine's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the otc stock market movement and maximize returns from investment trading.
Things to note about Aurora Spine
Checking the ongoing alerts about Aurora Spine for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Aurora Spine help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Aurora Spine is way too risky over 90 days horizon | |
| Aurora Spine has some characteristics of a very speculative penny stock | |
| Aurora Spine appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 10.54 M. Net Loss for the year was (2.36 M) with profit before overhead, payroll, taxes, and interest of 4.83 M. | |
| Aurora Spine has accumulated about 758.98 K in cash with (2.13 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 18.0% of the company shares are held by company insiders |
Other Information on Investing in Aurora OTC Stock
Aurora Spine financial ratios help investors to determine whether Aurora OTC Stock 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 Aurora with respect to the benefits of owning Aurora Spine security.