Aurum Resources (Australia) Price on November 21, 2024
| AUE Stock | 0.39 0.02 4.88% |
If you're considering investing in Aurum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aurum Resources stands at 0.39, as last reported on the 28th of November, with the highest price reaching 0.43 and the lowest price hitting 0.39 during the day. Aurum Resources appears to be out of control, given 3 months investment horizon. Aurum Resources secures Sharpe Ratio (or Efficiency) of 0.0782, which signifies that the company had a 0.0782% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aurum Resources, which you can use to evaluate the volatility of the firm. Please makes use of Aurum Resources' Downside Deviation of 5.26, risk adjusted performance of 0.0646, and Mean Deviation of 3.83 to double-check if our risk estimates are consistent with your expectations.
At this time, Aurum Resources' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 23.2 M in 2024, whereas Capital Stock is likely to drop slightly above 4.3 M in 2024. . Aurum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aurum |
Sharpe Ratio = 0.0782
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Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Aurum Resources is performing at about 6% 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 Aurum Resources by adding it to a well-diversified portfolio.
Price Book 2.9459 | Book Value 0.186 | Enterprise Value 51.7 M | Enterprise Value Ebitda (1.93) | Price Sales 1.4 K |
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Aurum Resources Valuation on November 21, 2024
It is possible to determine the worth of Aurum Resources on a given historical date. On November 21, 2024 Aurum was worth 0.42 at the beginning of the trading date compared to the closed value of 0.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurum Resources stock. Still, in general, we apply an absolute valuation method to find Aurum Resources' 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 Aurum Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurum Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.43 | 0.43 | 0.41 | 0.42 | 529,043 | |
11/21/2024 | 0.42 | 0.42 | 0.40 | 0.41 | 488,732 |
| 0.42 | 0.42 | 0.41 | 0.42 | 1,613 |
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Aurum Resources Trading Date Momentum on November 21, 2024
| On November 22 2024 Aurum Resources was traded for 0.42 at the closing time. The maximum traded price for the trading interval was 0.42 and the lowest daily price was 0.41 . The daily volume was recorded at 1.6 K. The volume of trading on 22nd of November 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 2.44% . The overall trading delta to the closing price today is 0.00% . |
Aurum Resources Fundamentals Correlations and Trends
By evaluating Aurum Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aurum Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aurum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aurum Resources Stock history
Aurum Resources 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 Aurum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurum Resources 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 Aurum Resources stock prices may prove useful in developing a viable investing in Aurum Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 82.2 M | 47.4 M | |
| Net Loss | -1.1 M | -1.1 M |
Aurum Resources Stock Technical Analysis
Aurum Resources technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Aurum Resources Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Aurum Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Aurum Resources November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Aurum Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurum Resources shares will generate the highest return on investment. By undertsting and applying Aurum Resources stock market strength indicators, traders can identify Aurum Resources entry and exit signals to maximize returns
Aurum Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aurum Resources' price direction in advance. Along with the technical and fundamental analysis of Aurum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurum 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 | 0.0646 | |||
| Jensen Alpha | 0.4319 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0426 | |||
| Treynor Ratio | (0.47) |
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Additional Tools for Aurum Stock Analysis
When running Aurum Resources' price analysis, check to measure Aurum Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurum Resources is operating at the current time. Most of Aurum Resources' value examination focuses on studying past and present price action to predict the probability of Aurum Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurum Resources' price. Additionally, you may evaluate how the addition of Aurum Resources to your portfolios can decrease your overall portfolio volatility.