Aura Income Quality vs Earnings Yield Analysis
| AURA Stock | USD 8.95 0.08 0.89% |
Aura Biosciences financial indicator trend analysis is way more than just evaluating Aura Biosciences prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aura Biosciences is a good investment. Please check the relationship between Aura Biosciences Income Quality and its Earnings Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aura Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Aura Stock refer to our How to Trade Aura Stock guide.
Income Quality vs Earnings Yield
Income Quality vs Earnings Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aura Biosciences Income Quality account and Earnings Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aura Biosciences' Income Quality and Earnings Yield is -0.28. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Aura Biosciences, assuming nothing else is changed. The correlation between historical values of Aura Biosciences' Income Quality and Earnings Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Aura Biosciences are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Income Quality i.e., Aura Biosciences' Income Quality and Earnings Yield go up and down completely randomly.
Correlation Coefficient | -0.28 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Earnings Yield
The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.Most indicators from Aura Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aura Biosciences current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aura Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Aura Stock refer to our How to Trade Aura Stock guide.The current year's Enterprise Value is expected to grow to about 426.5 M, whereas Selling General Administrative is forecasted to decline to about 12.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13K | 850K | 977.5K | 1.0M | Depreciation And Amortization | 835K | 1.2M | 1.3M | 1.0M |
Aura Biosciences fundamental ratios Correlations
Click cells to compare fundamentals
Aura Biosciences Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.When determining whether Aura Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aura Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aura Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aura Biosciences Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aura Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Aura Stock refer to our How to Trade Aura Stock guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aura Biosciences. If investors know Aura will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aura Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.73) | Return On Assets (0.30) | Return On Equity (0.51) |
The market value of Aura Biosciences is measured differently than its book value, which is the value of Aura that is recorded on the company's balance sheet. Investors also form their own opinion of Aura Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Aura Biosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aura Biosciences' market value can be influenced by many factors that don't directly affect Aura Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aura Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aura Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aura Biosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.