Aura Energy Limited Stock Market Value
| AUEEF Stock | USD 0.11 0.05 77.42% |
| Symbol | Aura |
Aura Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Aura Energy's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Aura Energy.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Aura Energy on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Aura Energy Limited or generate 0.0% return on investment in Aura Energy over 390 days. Aura Energy is related to or competes with Isoenergy, Paladin Energy, F3 Uranium, EnCore Energy, Purepoint Uranium, Ur Energy, and Uranium Energy. Aura Energy Limited, together with its subsidiaries, engages in the evaluation, development, and exploration of mineral ... More
Aura Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aura Energy's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Aura Energy Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.08 | |||
| Information Ratio | 0.0825 | |||
| Maximum Drawdown | 62.98 | |||
| Value At Risk | (18.18) | |||
| Potential Upside | 20.0 |
Aura Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aura Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aura Energy's standard deviation. In reality, there are many statistical measures that can use Aura Energy historical prices to predict the future Aura Energy's volatility.| Risk Adjusted Performance | 0.0803 | |||
| Jensen Alpha | 0.8779 | |||
| Total Risk Alpha | (0.87) | |||
| Sortino Ratio | 0.0492 | |||
| Treynor Ratio | 0.4427 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aura Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aura Energy Limited Backtested Returns
Aura Energy is out of control given 3 months investment horizon. Aura Energy Limited secures Sharpe Ratio (or Efficiency) of 0.0938, which signifies that the company had a 0.0938% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.26% are justified by taking the suggested risk. Use Aura Energy Mean Deviation of 5.85, risk adjusted performance of 0.0803, and Downside Deviation of 22.08 to evaluate company specific risk that cannot be diversified away. Aura Energy holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.73, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aura Energy will likely underperform. Use Aura Energy sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to analyze future returns on Aura Energy.
Auto-correlation | 0.15 |
Insignificant predictability
Aura Energy Limited has insignificant predictability. Overlapping area represents the amount of predictability between Aura Energy time series from 30th of October 2023 to 12th of May 2024 and 12th of May 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aura Energy Limited price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Aura Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aura Energy Limited lagged returns against current returns
Autocorrelation, which is Aura Energy pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Aura Energy's pink sheet expected returns. We can calculate the autocorrelation of Aura Energy returns to help us make a trade decision. For example, suppose you find that Aura Energy has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Aura Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aura Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aura Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aura Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aura Energy Lagged Returns
When evaluating Aura Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aura Energy pink sheet have on its future price. Aura Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Aura Energy autocorrelation shows the relationship between Aura Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aura Energy Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aura Pink Sheet
Aura Energy financial ratios help investors to determine whether Aura Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aura with respect to the benefits of owning Aura Energy security.