Aurora Investment (UK) Market Value
| ARR Stock | 230.00 1.00 0.43% |
| Symbol | Aurora |
Aurora Investment 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Aurora Investment's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Aurora Investment.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Aurora Investment on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Aurora Investment Trust or generate 0.0% return on investment in Aurora Investment over 360 days. Aurora Investment is related to or competes with Toyota, SoftBank Group, OTP Bank, Las Vegas, Yum Brands, Digital Realty, and Axon Enterprise. Aurora Investment is entity of United Kingdom More
Aurora Investment Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aurora Investment's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Aurora Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 5.32 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.56 |
Aurora Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurora Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurora Investment's standard deviation. In reality, there are many statistical measures that can use Aurora Investment historical prices to predict the future Aurora Investment's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (3.86) |
Aurora Investment Trust Backtested Returns
Aurora Investment Trust secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Aurora Investment Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aurora Investment's Risk Adjusted Performance of (0.11), standard deviation of 1.09, and Mean Deviation of 0.8571 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0443, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aurora Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aurora Investment is expected to be smaller as well. At this point, Aurora Investment Trust has a negative expected return of -0.16%. Please make sure to confirm Aurora Investment's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Aurora Investment Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Aurora Investment Trust has very good reverse predictability. Overlapping area represents the amount of predictability between Aurora Investment time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aurora Investment Trust price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Aurora Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 102.05 |
Aurora Investment Trust lagged returns against current returns
Autocorrelation, which is Aurora Investment stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Aurora Investment's stock expected returns. We can calculate the autocorrelation of Aurora Investment returns to help us make a trade decision. For example, suppose you find that Aurora Investment has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Aurora Investment regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aurora Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurora Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aurora Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Aurora Investment Lagged Returns
When evaluating Aurora Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurora Investment stock have on its future price. Aurora Investment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Aurora Investment autocorrelation shows the relationship between Aurora Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Aurora Investment Trust.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Aurora Stock
Aurora Investment financial ratios help investors to determine whether Aurora 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 Investment security.