Aura Change To Inventory from 2010 to 2026
| AUGO Stock | 65.99 3.26 5.20% |
Change To Inventory | First Reported 2010-12-31 | Previous Quarter -10.9 M | Current Value -10.3 M | Quarterly Volatility 5.9 M |
Check Aura Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aura Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.1 M, Interest Expense of 41.8 M or Total Revenue of 468.1 M, as well as many indicators such as Price To Sales Ratio of 4.68, Dividend Yield of 0.0164 or PTB Ratio of 4.93. Aura financial statements analysis is a perfect complement when working with Aura Minerals Valuation or Volatility modules.
Aura | Change To Inventory | Build AI portfolio with Aura Stock |
Evaluating Aura Minerals's Change To Inventory across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Aura Minerals Common's fundamental strength.
Latest Aura Minerals' Change To Inventory Growth Pattern
Below is the plot of the Change To Inventory of Aura Minerals Common over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Aura Minerals' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aura Minerals' overall financial position and show how it may be relating to other accounts over time.
| Change To Inventory | 10 Years Trend |
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Change To Inventory |
| Timeline |
Aura Change To Inventory Regression Statistics
| Arithmetic Mean | (9,067,965) | |
| Geometric Mean | 10,605,059 | |
| Coefficient Of Variation | (64.71) | |
| Mean Deviation | 2,667,051 | |
| Median | (10,245,000) | |
| Standard Deviation | 5,867,917 | |
| Sample Variance | 34.4T | |
| Range | 26.2M | |
| R-Value | 0.15 | |
| Mean Square Error | 35.9T | |
| R-Squared | 0.02 | |
| Significance | 0.57 | |
| Slope | 172,517 | |
| Total Sum of Squares | 550.9T |
Aura Change To Inventory History
About Aura Minerals Financial Statements
Aura Minerals investors utilize fundamental indicators, such as Change To Inventory, to predict how Aura Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Change To Inventory | -10.9 M | -10.3 M |
Pair Trading with Aura Minerals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aura Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aura Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Aura Stock
| 0.94 | B | Barrick Mining Symbol Change | PairCorr |
| 0.91 | AA | Alcoa Corp | PairCorr |
| 0.94 | AP | Ampco Pittsburgh | PairCorr |
| 0.94 | AU | AngloGold Ashanti plc | PairCorr |
| 0.95 | HL | Hecla Mining | PairCorr |
Moving against Aura Stock
The ability to find closely correlated positions to Aura Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aura Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aura Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aura Minerals Common to buy it.
The correlation of Aura Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aura Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aura Minerals Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aura Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Aura Minerals Correlation against competitors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Will Metals & Mining sector continue expanding? Could Aura diversify its offerings? Factors like these will boost the valuation of Aura Minerals. If investors know Aura will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Aura Minerals data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Dividend Share 1.46 | Earnings Share (0.55) | Revenue Per Share | Quarterly Revenue Growth 0.587 | Return On Assets |
Investors evaluate Aura Minerals Common using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Aura Minerals' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Aura Minerals' market price to deviate significantly from intrinsic value.
Understanding that Aura Minerals' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Aura Minerals represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Aura Minerals' market price signifies the transaction level at which participants voluntarily complete trades.