Aurora Price on September 3, 2024
AURORA Crypto | USD 0.21 0.02 10.53% |
If you're considering investing in Aurora Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of Aurora stands at 0.21, as last reported on the 28th of November, with the highest price reaching 0.22 and the lowest price hitting 0.21 during the day. Aurora is abnormally risky given 3 months investment horizon. Aurora secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that digital coin had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use Aurora Mean Deviation of 6.55, downside deviation of 11.94, and Risk Adjusted Performance of 0.1025 to evaluate coin specific risk that cannot be diversified away.
Aurora Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
Aurora |
Sharpe Ratio = 0.1225
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Estimated Market Risk
11.92 actual daily | 96 96% of assets are less volatile |
Expected Return
1.46 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.
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Aurora Valuation on September 3, 2024
It is possible to determine the worth of Aurora on a given historical date. On September 3, 2024 Aurora was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurora crypto coin. Still, in general, we apply an absolute valuation method to find Aurora'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurora's related companies.
Open | High | Low | Close | Volume | |
0.12 | 0.12 | 0.11 | 0.11 | 777,281 | |
09/03/2024 | 0.11 | 0.11 | 0.11 | 0.11 | 1,793 |
0.11 | 0.11 | 0.11 | 0.11 | 1,167,847 |
Backtest Aurora | | | Aurora History | Previous | Next |
Aurora Trading Date Momentum on September 3, 2024
On September 04 2024 Aurora was traded for 0.11 at the closing time. The highest price during the trading period was 0.11 and the lowest recorded bid was listed for 0.11 . The volume for the day was 1.2 M. This history from September 4, 2024 did not affect price variability. The overall trading delta to the current price is 9.09% . |
About Aurora Crypto Coin history
Aurora 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 Aurora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurora 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.
Aurora Crypto Coin Technical Analysis
Aurora technical crypto coin 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, crypto market cycles, or different charting patterns.
Price Boundaries
Aurora Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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Aurora November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Aurora crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurora shares will generate the highest return on investment.
Aurora Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aurora's price direction in advance. Along with the technical and fundamental analysis of Aurora Crypto Coin 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.
Risk Adjusted Performance | 0.1025 | |||
Jensen Alpha | 1.27 | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | 0.1098 | |||
Treynor Ratio | 1.03 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.