Aurora Performance
| AURORA Crypto | USD 0.21 0.02 10.53% |
The crypto shows a Beta (market volatility) of 1.34, 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, Aurora will likely underperform.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Aurora are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unsteady basic indicators, Aurora sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Aurora |
Aurora Relative Risk vs. Return Landscape
If you would invest 12.00 in Aurora on August 30, 2024 and sell it today you would earn a total of 9.00 from holding Aurora or generate 75.0% return on investment over 90 days. Aurora is generating 1.4824% of daily returns and assumes 12.0078% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than Aurora on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Aurora Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurora's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as Aurora, and traders can use it to determine the average amount a Aurora's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1235
| Best Portfolio | Best Equity | |||
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| Average Returns | AURORA | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.01 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.48 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Aurora is performing at about 9% 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 by adding it to a well-diversified portfolio.
About Aurora Performance
By analyzing Aurora's fundamental ratios, stakeholders can gain valuable insights into Aurora's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Aurora has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Aurora has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Aurora is peer-to-peer digital currency powered by the Blockchain technology.| Aurora is way too risky over 90 days horizon | |
| Aurora has some characteristics of a very speculative cryptocurrency | |
| Aurora appears to be risky and price may revert if volatility continues |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.