Aurora Eiendom (Norway) Price on October 16, 2024

AURA Stock   79.50  1.00  1.27%   
If you're considering investing in Aurora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aurora Eiendom stands at 79.50, as last reported on the 2nd of December, with the highest price reaching 79.50 and the lowest price hitting 78.50 during the day. As of now, Aurora Stock is very steady. Aurora Eiendom AS secures Sharpe Ratio (or Efficiency) of 0.0241, which signifies that the company had a 0.0241% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aurora Eiendom AS, which you can use to evaluate the volatility of the firm. Please confirm Aurora Eiendom's Downside Deviation of 2.65, mean deviation of 1.72, and Risk Adjusted Performance of 0.0348 to double-check if the risk estimate we provide is consistent with the expected return of 0.0539%.
  
Aurora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0241

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Aurora Eiendom is performing at about 1% 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 Eiendom by adding it to a well-diversified portfolio.

Aurora Eiendom Valuation on October 16, 2024

It is possible to determine the worth of Aurora Eiendom on a given historical date. On October 16, 2024 Aurora was worth 77.0 at the beginning of the trading date compared to the closed value of 77.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurora Eiendom stock. Still, in general, we apply an absolute valuation method to find Aurora Eiendom'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 Aurora Eiendom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurora Eiendom's related companies.
 Open High Low Close Volume
  78.50    78.50    78.50    78.50    124.00  
10/16/2024
  77.00    78.50    77.00    77.50    2,661  
  77.50    77.50    77.50    77.50    2,661  
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Open Value
77.0
77.5
Closing Value
83.71
Upside

Aurora Eiendom Trading Date Momentum on October 16, 2024

On October 17 2024 Aurora Eiendom AS was traded for  77.50  at the closing time. The highest price during the trading period was 77.50  and the lowest recorded bid was listed for  77.50 . The volume for the day was 2.7 K. This history from October 17, 2024 did not affect price variability. The overall trading delta to the current price is 0.65% .

Price Boundaries

Aurora Eiendom Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aurora Eiendom AS cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.

Aurora Eiendom December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Aurora Eiendom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurora Eiendom shares will generate the highest return on investment. By undertsting and applying Aurora Eiendom stock market strength indicators, traders can identify Aurora Eiendom AS entry and exit signals to maximize returns

Aurora Eiendom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aurora Eiendom's price direction in advance. Along with the technical and fundamental analysis of Aurora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurora 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.