Aurora Optoelectronics (China) Price on May 28, 2024
| 600666 Stock | 3.06 0.06 1.92% |
Below is the normalized historical share price chart for Aurora Optoelectronics Co extending back to July 31, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Aurora Optoelectronics stands at 3.06, as last reported on the 12th of December 2024, with the highest price reaching 3.12 and the lowest price hitting 2.96 during the day.
If you're considering investing in Aurora Stock, it is important to understand the factors that can impact its price. Aurora Optoelectronics is very risky given 3 months investment horizon. Aurora Optoelectronics secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.57% are justified by taking the suggested risk. Use Aurora Optoelectronics Mean Deviation of 3.89, downside deviation of 4.06, and Risk Adjusted Performance of 0.2013 to evaluate company specific risk that cannot be diversified away.
At present, Aurora Optoelectronics' Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 2.4 B, whereas Total Stockholder Equity is forecasted to decline to about 748.7 M. . Aurora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of June 1992 | 200 Day MA 1.6652 | 50 Day MA 2.3674 | Beta 0.142 |
Aurora |
Sharpe Ratio = 0.3015
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 600666 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.22 actual daily | 46 54% of assets are more volatile |
Expected Return
| 1.57 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Aurora Optoelectronics is performing at about 23% of its full potential. 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 Aurora Optoelectronics by adding it to a well-diversified portfolio.
Price Book 8.7727 | Book Value 0.364 | Enterprise Value 8.6 B | Enterprise Value Ebitda (19.02) | Price Sales 22.5801 |
Aurora Optoelectronics Valuation on May 28, 2024
It is possible to determine the worth of Aurora Optoelectronics on a given historical date. On May 28, 2024 Aurora was worth 1.34 at the beginning of the trading date compared to the closed value of 1.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurora Optoelectronics stock. Still, in general, we apply an absolute valuation method to find Aurora Optoelectronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aurora Optoelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurora Optoelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 1.37 | 1.39 | 1.33 | 1.33 | 13,663,598 | |
05/28/2024 | 1.34 | 1.34 | 1.31 | 1.31 | 9,134,740 |
| 1.31 | 1.33 | 1.28 | 1.30 | 16,518,808 |
| Backtest Aurora Optoelectronics | | | Aurora Optoelectronics History | | | Aurora Optoelectronics Valuation | Previous | Next |
Aurora Optoelectronics Trading Date Momentum on May 28, 2024
| On May 29 2024 Aurora Optoelectronics Co was traded for 1.30 at the closing time. The highest price during the trading period was 1.33 and the lowest recorded bid was listed for 1.28 . The volume for the day was 16.5 M. This history from May 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.76% . The overall trading delta to the current price is 11.45% . |
Aurora Optoelectronics Fundamentals Correlations and Trends
By evaluating Aurora Optoelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aurora Optoelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aurora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aurora Optoelectronics Stock history
Aurora Optoelectronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aurora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurora Optoelectronics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aurora Optoelectronics stock prices may prove useful in developing a viable investing in Aurora Optoelectronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.8 B | 1.6 B | |
| Net Income Applicable To Common Shares | 54.6 M | 57.3 M |
Aurora Optoelectronics Stock Technical Analysis
Aurora Optoelectronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Aurora Optoelectronics Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Aurora Optoelectronics Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aurora Optoelectronics December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Aurora Optoelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurora Optoelectronics shares will generate the highest return on investment. By undertsting and applying Aurora Optoelectronics stock market strength indicators, traders can identify Aurora Optoelectronics Co entry and exit signals to maximize returns
Aurora Optoelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aurora Optoelectronics' price direction in advance. Along with the technical and fundamental analysis of Aurora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurora to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2013 | |||
| Jensen Alpha | 1.35 | |||
| Total Risk Alpha | 0.6081 | |||
| Sortino Ratio | 0.2946 | |||
| Treynor Ratio | (2.64) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Aurora Stock analysis
When running Aurora Optoelectronics' price analysis, check to measure Aurora Optoelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Optoelectronics is operating at the current time. Most of Aurora Optoelectronics' value examination focuses on studying past and present price action to predict the probability of Aurora Optoelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Optoelectronics' price. Additionally, you may evaluate how the addition of Aurora Optoelectronics to your portfolios can decrease your overall portfolio volatility.
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