Aura Minerals Common Stock Market Value
| AUGO Stock | 54.06 2.29 4.42% |
| Symbol | Aura |
Aura Minerals Common Price To Book Ratio
Is Metals & Mining 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 Minerals. 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 Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.46 | Earnings Share (0.55) | Revenue Per Share | Quarterly Revenue Growth 0.587 | Return On Assets |
The market value of Aura Minerals Common 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 Minerals' value that differs from its market value or its book value, called intrinsic value, which is Aura Minerals' 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 Minerals' market value can be influenced by many factors that don't directly affect Aura Minerals' 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 Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aura Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aura Minerals' 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.
Aura Minerals '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 Minerals' stock 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 Minerals.
| 01/06/2024 |
| 12/26/2025 |
If you would invest 0.00 in Aura Minerals on January 6, 2024 and sell it all today you would earn a total of 0.00 from holding Aura Minerals Common or generate 0.0% return on investment in Aura Minerals over 720 days. Aura Minerals is related to or competes with Endeavour Silver, Fortuna Silver, Perpetua Resources, Americas Silver, Tecnoglass, Titan America, and TMC The. Aura Minerals is entity of United States More
Aura Minerals 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 Minerals' stock 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 Minerals Common upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | 0.1664 | |||
| Maximum Drawdown | 18.3 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 6.62 |
Aura Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aura Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aura Minerals' standard deviation. In reality, there are many statistical measures that can use Aura Minerals historical prices to predict the future Aura Minerals' volatility.| Risk Adjusted Performance | 0.1409 | |||
| Jensen Alpha | 0.5973 | |||
| Total Risk Alpha | 0.3077 | |||
| Sortino Ratio | 0.164 | |||
| Treynor Ratio | 0.7004 |
Aura Minerals Common Backtested Returns
Aura Minerals appears to be very steady, given 3 months investment horizon. Aura Minerals Common secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of risk over the last 3 months. By analyzing Aura Minerals' technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Aura Minerals' Mean Deviation of 2.7, downside deviation of 3.62, and Risk Adjusted Performance of 0.1409 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aura Minerals holds a performance score of 15. The firm shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Aura Minerals returns are very sensitive to returns on the market. As the market goes up or down, Aura Minerals is expected to follow. Please check Aura Minerals' maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Aura Minerals' price patterns will revert.
Auto-correlation | 0.93 |
Excellent predictability
Aura Minerals Common has excellent predictability. Overlapping area represents the amount of predictability between Aura Minerals time series from 6th of January 2024 to 31st of December 2024 and 31st of December 2024 to 26th of December 2025. 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 Minerals Common price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Aura Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 26.01 |
Aura Minerals Common lagged returns against current returns
Autocorrelation, which is Aura Minerals stock'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 Minerals' stock expected returns. We can calculate the autocorrelation of Aura Minerals returns to help us make a trade decision. For example, suppose you find that Aura Minerals has exhibited high autocorrelation historically, and you observe that the stock 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 Minerals 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 Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aura Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aura Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Aura Minerals Lagged Returns
When evaluating Aura Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aura Minerals stock have on its future price. Aura Minerals 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 Minerals autocorrelation shows the relationship between Aura Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Aura Minerals Common.
Regressed Prices |
| Timeline |
Pair Trading with Aura Minerals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aura Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aura Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Aura Stock
| 0.9 | B | Barrick Mining Symbol Change | PairCorr |
| 0.85 | AA | Alcoa Corp Sell-off Trend | PairCorr |
| 0.88 | AG | First Majestic Silver Aggressive Push | PairCorr |
| 0.91 | AP | Ampco Pittsburgh | PairCorr |
The ability to find closely correlated positions to Aura Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aura Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aura Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aura Minerals Common to buy it.
The correlation of Aura Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aura Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aura Minerals Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aura Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Aura Minerals Correlation, Aura Minerals Volatility and Aura Minerals Alpha and Beta module to complement your research on Aura Minerals. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Aura Minerals technical stock 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, stock market cycles, or different charting patterns.