Aurania Resources Stock Price on December 3, 2024
AUIAF Stock | USD 0.32 0.01 3.23% |
If you're considering investing in Aurania OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aurania Resources stands at 0.32, as last reported on the 4th of December, with the highest price reaching 0.32 and the lowest price hitting 0.32 during the day. Aurania Resources secures Sharpe Ratio (or Efficiency) of -0.0491, which signifies that the company had a -0.0491% return per unit of risk over the last 3 months. Aurania Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aurania Resources' Standard Deviation of 6.56, risk adjusted performance of (0.06), and Mean Deviation of 4.34 to double-check the risk estimate we provide.
Aurania OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aurania |
Sharpe Ratio = -0.0491
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Estimated Market Risk
6.49 actual daily | 57 57% of assets are less volatile |
Expected Return
-0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aurania Resources is not performing at its full potential. However, 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 Aurania Resources by adding Aurania Resources to a well-diversified portfolio.
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Aurania Resources Valuation on December 3, 2024
It is possible to determine the worth of Aurania Resources on a given historical date. On December 3, 2024 Aurania was worth 0.32 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurania Resources otc stock. Still, in general, we apply an absolute valuation method to find Aurania Resources' 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 Aurania Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurania Resources' related companies.
Open | High | Low | Close | Volume | |
0.31 | 0.31 | 0.31 | 0.31 | 2,561 | |
12/03/2024 | 0.32 | 0.32 | 0.30 | 0.31 | 34,500 |
0.32 | 0.32 | 0.32 | 0.32 | 1,300 |
Backtest Aurania Resources | | | Aurania Resources History | | | Aurania Resources Valuation | Previous | Next |
Aurania Resources Trading Date Momentum on December 3, 2024
On December 04 2024 Aurania Resources was traded for 0.32 at the closing time. The highest daily price throughout the period was 0.32 and the lowest price was 0.32 . The daily volume was 1.3 K. The net trading volume on 12/04/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 3.23% . The overall trading delta to current closing price is 3.23% . |
Aurania Resources Fundamentals Correlations and Trends
By evaluating Aurania Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aurania Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aurania financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aurania Resources OTC Stock history
Aurania Resources 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 Aurania is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurania Resources 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 Aurania Resources stock prices may prove useful in developing a viable investing in Aurania Resources
Aurania Resources Ltd., a junior exploration mining company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in Ecuador and Peru. Aurania Resources Ltd. was founded in 2001 and is headquartered in Toronto, Canada. Aurania Resources is traded on OTC Exchange in the United States.
Aurania Resources OTC Stock Technical Analysis
Aurania Resources technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Aurania Resources Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Aurania Resources cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Aurania Resources December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Aurania Resources otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurania Resources shares will generate the highest return on investment. By undertsting and applying Aurania Resources otc stock market strength indicators, traders can identify Aurania Resources entry and exit signals to maximize returns
Aurania Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aurania Resources' price direction in advance. Along with the technical and fundamental analysis of Aurania OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurania 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 | (0.06) | |||
Jensen Alpha | (0.68) | |||
Total Risk Alpha | (1.48) | |||
Treynor Ratio | (0.72) |
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Volume Indicators |
Complementary Tools for Aurania OTC Stock analysis
When running Aurania Resources' price analysis, check to measure Aurania Resources' 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 Aurania Resources is operating at the current time. Most of Aurania Resources' value examination focuses on studying past and present price action to predict the probability of Aurania Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurania Resources' price. Additionally, you may evaluate how the addition of Aurania Resources to your portfolios can decrease your overall portfolio volatility.
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