Aurora Technology Acquisition Stock Beta
| ATAKWDelisted Stock | USD 0.02 0.00 0.00% |
Aurora Technology Acquisition fundamentals help investors to digest information that contributes to Aurora Technology's financial success or failures. It also enables traders to predict the movement of Aurora Stock. The fundamental analysis module provides a way to measure Aurora Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aurora Technology stock.
Aurora |
Aurora Technology Acquisition Company Beta Analysis
Aurora Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Aurora Technology Acquisition has a Beta of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The beta for all United States stocks is 100.0% lower than that of the firm.
Aurora Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aurora Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aurora Technology could also be used in its relative valuation, which is a method of valuing Aurora Technology by comparing valuation metrics of similar companies.Aurora Technology is currently under evaluation in beta category among its peers.
Aurora Fundamentals
| Number Of Shares Shorted | 37.75 K | |||
| Net Income | 1.46 M | |||
| Total Debt | 25 K | |||
| Debt To Equity | 1.66 % | |||
| Current Ratio | 0.18 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (538.66 K) | |||
| Total Asset | 207.36 M | |||
| Retained Earnings | (7.62 M) | |||
| Working Capital | 38.54 K | |||
| Z Score | -0.05 | |||
| Net Asset | 207.36 M |
About Aurora Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aurora Technology Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aurora Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aurora Technology Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Other Consideration for investing in Aurora Stock
If you are still planning to invest in Aurora Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aurora Technology's history and understand the potential risks before investing.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |