Aurora Common Stock Shares Outstanding vs Intangible Assets Analysis

AUROW Stock  USD 1.02  0.09  9.68%   
Aurora Innovation financial indicator trend analysis is way more than just evaluating Aurora Innovation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurora Innovation is a good investment. Please check the relationship between Aurora Innovation Common Stock Shares Outstanding and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.

Common Stock Shares Outstanding vs Intangible Assets

Common Stock Shares Outstanding vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurora Innovation Common Stock Shares Outstanding account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aurora Innovation's Common Stock Shares Outstanding and Intangible Assets is 0.61. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Aurora Innovation, assuming nothing else is changed. The correlation between historical values of Aurora Innovation's Common Stock Shares Outstanding and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Aurora Innovation are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Aurora Innovation's Common Stock Shares Outstanding and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Aurora Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurora Innovation 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 Aurora Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.Aurora Innovation reported Tax Provision of (1.85 Million) in 2023. Issuance Of Capital Stock is likely to climb to about 877.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 94.2 M in 2024.
 2020 2021 2023 2024 (projected)
Interest Income3.7M525K472.5K448.9K
Net Interest Income3.7M525K472.5K448.9K

Aurora Innovation fundamental ratios Correlations

0.850.870.890.960.91-0.81-0.670.820.881.00.71-0.390.990.880.450.090.190.920.890.310.990.920.050.90.94
0.850.90.930.690.98-0.54-0.790.980.670.870.67-0.460.80.880.530.150.590.840.840.690.80.9-0.390.880.87
0.870.91.00.80.96-0.47-0.910.950.590.860.86-0.570.880.960.740.420.260.720.980.390.870.97-0.030.980.85
0.890.931.00.810.98-0.51-0.90.970.630.890.83-0.550.890.960.710.360.310.770.970.440.890.98-0.080.980.87
0.960.690.80.810.81-0.78-0.610.680.820.940.73-0.330.990.830.40.18-0.080.820.880.050.990.880.310.860.89
0.910.980.960.980.81-0.56-0.840.970.690.910.78-0.480.890.940.580.270.410.830.930.530.890.97-0.190.960.92
-0.81-0.54-0.47-0.51-0.78-0.560.16-0.47-0.98-0.83-0.190.07-0.75-0.47-0.050.48-0.23-0.9-0.48-0.29-0.76-0.530.03-0.51-0.65
-0.67-0.79-0.91-0.9-0.61-0.840.16-0.85-0.32-0.65-0.940.78-0.71-0.94-0.87-0.64-0.19-0.48-0.88-0.3-0.7-0.870.02-0.87-0.77
0.820.980.950.970.680.97-0.47-0.850.60.830.72-0.510.790.90.650.260.540.770.880.650.790.92-0.330.920.82
0.880.670.590.630.820.69-0.98-0.320.60.90.33-0.230.820.610.19-0.380.310.960.580.380.830.64-0.110.610.77
1.00.870.860.890.940.91-0.83-0.650.830.90.66-0.380.970.870.430.020.260.950.870.380.980.91-0.030.880.93
0.710.670.860.830.730.78-0.19-0.940.720.330.66-0.710.780.920.770.72-0.120.440.90.00.770.870.280.860.8
-0.39-0.46-0.57-0.55-0.33-0.480.070.78-0.51-0.23-0.38-0.71-0.42-0.69-0.89-0.38-0.13-0.3-0.5-0.19-0.41-0.480.06-0.46-0.53
0.990.80.880.890.990.89-0.75-0.710.790.820.970.78-0.420.90.490.210.050.850.930.181.00.940.180.920.93
0.880.880.960.960.830.94-0.47-0.940.90.610.870.92-0.690.90.740.440.20.730.960.320.90.970.010.950.93
0.450.530.740.710.40.58-0.05-0.870.650.190.430.77-0.890.490.740.520.110.290.670.190.480.610.030.640.48
0.090.150.420.360.180.270.48-0.640.26-0.380.020.72-0.380.210.440.52-0.42-0.260.49-0.350.190.420.450.430.23
0.190.590.260.31-0.080.41-0.23-0.190.540.310.26-0.12-0.130.050.20.11-0.420.470.080.990.070.18-0.960.170.22
0.920.840.720.770.820.83-0.9-0.480.770.960.950.44-0.30.850.730.29-0.260.470.690.550.870.76-0.260.730.85
0.890.840.980.970.880.93-0.48-0.880.880.580.870.9-0.50.930.960.670.490.080.690.210.920.990.150.990.87
0.310.690.390.440.050.53-0.29-0.30.650.380.380.0-0.190.180.320.19-0.350.990.550.210.190.32-0.920.310.33
0.990.80.870.890.990.89-0.76-0.70.790.830.980.77-0.411.00.90.480.190.070.870.920.190.930.170.910.93
0.920.90.970.980.880.97-0.53-0.870.920.640.910.87-0.480.940.970.610.420.180.760.990.320.930.040.990.92
0.05-0.39-0.03-0.080.31-0.190.030.02-0.33-0.11-0.030.280.060.180.010.030.45-0.96-0.260.15-0.920.170.040.06-0.03
0.90.880.980.980.860.96-0.51-0.870.920.610.880.86-0.460.920.950.640.430.170.730.990.310.910.990.060.87
0.940.870.850.870.890.92-0.65-0.770.820.770.930.8-0.530.930.930.480.230.220.850.870.330.930.92-0.030.87
Click cells to compare fundamentals

Aurora Innovation Account Relationship Matchups

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.

Additional Tools for Aurora Stock Analysis

When running Aurora Innovation's price analysis, check to measure Aurora Innovation's 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 Aurora Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.