Aurora Royalties Stock Market Value
| AUR-H Stock | CAD 0.02 0.00 0.00% |
| Symbol | Aurora |
Aurora Royalties '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 Aurora Royalties' 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 Aurora Royalties.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Aurora Royalties on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Aurora Royalties or generate 0.0% return on investment in Aurora Royalties over 30 days. Aurora Royalties is related to or competes with Data Communications, Quipt Home, Canlan Ice, Labrador Iron, Brookfield Office, A W, and Algoma Steel. Aurora Royalties Inc. engages in the acquisition, exploration, and evaluation of mineral properties in Canada More
Aurora Royalties 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 Aurora Royalties' 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 Aurora Royalties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.042 | |||
| Maximum Drawdown | 58.33 |
Aurora Royalties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurora Royalties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurora Royalties' standard deviation. In reality, there are many statistical measures that can use Aurora Royalties historical prices to predict the future Aurora Royalties' volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.353 | |||
| Total Risk Alpha | 0.4474 | |||
| Treynor Ratio | (0.15) |
Aurora Royalties Backtested Returns
Aurora Royalties appears to be out of control, given 3 months investment horizon. Aurora Royalties secures Sharpe Ratio (or Efficiency) of 0.0444, which signifies that the company had a 0.0444 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Aurora Royalties, which you can use to evaluate the volatility of the firm. Please makes use of Aurora Royalties' Risk Adjusted Performance of 0.0403, standard deviation of 8.94, and Mean Deviation of 3.0 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aurora Royalties holds a performance score of 3. The firm shows a Beta (market volatility) of -2.45, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Aurora Royalties are expected to decrease by larger amounts. On the other hand, during market turmoil, Aurora Royalties is expected to outperform it. Please check Aurora Royalties' maximum drawdown and the relationship between the kurtosis and relative strength index , to make a quick decision on whether Aurora Royalties' price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Aurora Royalties has no correlation between past and present. Overlapping area represents the amount of predictability between Aurora Royalties time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Aurora Royalties price movement. The serial correlation of 0.0 indicates that just 0.0% of current Aurora Royalties price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aurora Royalties lagged returns against current returns
Autocorrelation, which is Aurora Royalties 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 Aurora Royalties' stock expected returns. We can calculate the autocorrelation of Aurora Royalties returns to help us make a trade decision. For example, suppose you find that Aurora Royalties 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 |
Aurora Royalties 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 Aurora Royalties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurora Royalties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aurora Royalties stock over time.
Current vs Lagged Prices |
| Timeline |
Aurora Royalties Lagged Returns
When evaluating Aurora Royalties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurora Royalties stock have on its future price. Aurora Royalties 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, Aurora Royalties autocorrelation shows the relationship between Aurora Royalties stock current value and its past values and can show if there is a momentum factor associated with investing in Aurora Royalties.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Aurora Stock Analysis
When running Aurora Royalties' price analysis, check to measure Aurora Royalties' 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 Royalties is operating at the current time. Most of Aurora Royalties' value examination focuses on studying past and present price action to predict the probability of Aurora Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Royalties' price. Additionally, you may evaluate how the addition of Aurora Royalties to your portfolios can decrease your overall portfolio volatility.