Aura Energy Limited Stock Market Value

AUEEF Stock  USD 0.08  0.04  33.33%   
Aura Energy's market value is the price at which a share of Aura Energy trades on a public exchange. It measures the collective expectations of Aura Energy Limited investors about its performance. Aura Energy is trading at 0.08 as of the 4th of December 2024. This is a 33.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.08.
With this module, you can estimate the performance of a buy and hold strategy of Aura Energy Limited and determine expected loss or profit from investing in Aura Energy over a given investment horizon. Check out Aura Energy Correlation, Aura Energy Volatility and Aura Energy Alpha and Beta module to complement your research on Aura Energy.
Symbol

Please note, there is a significant difference between Aura Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aura Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aura Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Aura Energy '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 Aura Energy's pink sheet 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 Aura Energy.
0.00
11/04/2024
No Change 0.00  0.0 
In 31 days
12/04/2024
0.00
If you would invest  0.00  in Aura Energy on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Aura Energy Limited or generate 0.0% return on investment in Aura Energy over 30 days. Aura Energy is related to or competes with Elevate Uranium, Sprott Physical, and Energy Fuels. Aura Energy Limited, together with its subsidiaries, engages in the evaluation, development, and exploration of mineral ... More

Aura Energy 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 Aura Energy's pink sheet 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 Aura Energy Limited upside and downside potential and time the market with a certain degree of confidence.

Aura Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aura Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aura Energy's standard deviation. In reality, there are many statistical measures that can use Aura Energy historical prices to predict the future Aura Energy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aura Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.0814.07
Details
Intrinsic
Valuation
LowRealHigh
0.000.0714.06
Details
Naive
Forecast
LowNextHigh
00.1114.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.100.12
Details

Aura Energy Limited Backtested Returns

Aura Energy appears to be out of control, given 3 months investment horizon. Aura Energy Limited secures Sharpe Ratio (or Efficiency) of 0.0617, which signifies that the company had a 0.0617% return per unit of risk over the last 3 months. By analyzing Aura Energy's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please makes use of Aura Energy's Risk Adjusted Performance of 0.0877, downside deviation of 22.08, and Mean Deviation of 6.04 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aura Energy holds a performance score of 4. The firm shows a Beta (market volatility) of 2.84, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aura Energy will likely underperform. Please check Aura Energy's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Aura Energy's price patterns will revert.

Auto-correlation

    
  0.13  

Insignificant predictability

Aura Energy Limited has insignificant predictability. Overlapping area represents the amount of predictability between Aura Energy time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Aura Energy Limited price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Aura Energy price fluctuation can be explain by its past prices.
Correlation Coefficient0.13
Spearman Rank Test0.22
Residual Average0.0
Price Variance0.0

Aura Energy Limited lagged returns against current returns

Autocorrelation, which is Aura Energy pink sheet'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 Aura Energy's pink sheet expected returns. We can calculate the autocorrelation of Aura Energy returns to help us make a trade decision. For example, suppose you find that Aura Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

Aura Energy 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 Aura Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aura Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aura Energy pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Aura Energy Lagged Returns

When evaluating Aura Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aura Energy pink sheet have on its future price. Aura Energy 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, Aura Energy autocorrelation shows the relationship between Aura Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aura Energy Limited.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Aura Pink Sheet

Aura Energy financial ratios help investors to determine whether Aura Pink Sheet 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 Aura with respect to the benefits of owning Aura Energy security.