Aurasource Stock Price on May 26, 2023
If you're considering investing in AuraSource Pink Sheet, it is important to understand the factors that can impact its price. AuraSource secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. AuraSource exposes thirteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AuraSource's Risk Adjusted Performance of (0.09), standard deviation of 12.21, and Mean Deviation of 2.96 to double-check the risk estimate we provide.
AuraSource Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
AuraSource |
Sharpe Ratio = -0.1808
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Estimated Market Risk
17.6 actual daily | 96 96% of assets are less volatile |
Expected Return
-3.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AuraSource 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 AuraSource by adding AuraSource to a well-diversified portfolio.
AuraSource Valuation on May 26, 2023
It is possible to determine the worth of AuraSource on a given historical date. On May 26, 2023 AuraSource was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AuraSource pink sheet. Still, in general, we apply an absolute valuation method to find AuraSource's 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 AuraSource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AuraSource's related companies.
Open | High | Low | Close | Volume | |
0.12 | 0.12 | 0.12 | 0.12 | 1.00 | |
05/26/2023 | 0.12 | 0.12 | 0.12 | 0.12 | 1.00 |
0.12 | 0.12 | 0.12 | 0.12 | 1,400 |
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AuraSource Trading Date Momentum on May 26, 2023
On May 30 2023 AuraSource was traded for 0.12 at the closing time. The top price for the day was 0.12 and the lowest listed price was 0.12 . The trading volume for the day was 1.4 K. The trading history from May 30, 2023 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
AuraSource Fundamentals Correlations and Trends
By evaluating AuraSource's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AuraSource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AuraSource financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AuraSource Pink Sheet history
AuraSource 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 AuraSource is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AuraSource 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 AuraSource stock prices may prove useful in developing a viable investing in AuraSource
AuraSource, Inc. focuses on developing and implementing clean energy and mineral processing technologies. AuraSource, Inc. was incorporated in 1990 and is based in Tempe, Arizona. Aurasource operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 3 people.
AuraSource Pink Sheet Technical Analysis
AuraSource technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
AuraSource Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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AuraSource November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how AuraSource pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AuraSource shares will generate the highest return on investment. By undertsting and applying AuraSource pink sheet market strength indicators, traders can identify AuraSource entry and exit signals to maximize returns
AuraSource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AuraSource's price direction in advance. Along with the technical and fundamental analysis of AuraSource Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of AuraSource 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 | (0.09) | |||
Jensen Alpha | (1.62) | |||
Total Risk Alpha | (3.43) | |||
Treynor Ratio | (2.11) |
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Other Information on Investing in AuraSource Pink Sheet
AuraSource financial ratios help investors to determine whether AuraSource 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 AuraSource with respect to the benefits of owning AuraSource security.