Auri Inc Stock Market Value
| AURI Stock | USD 0.0002 0.0001 100.00% |
| Symbol | Auri |
Auri '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 Auri'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 Auri.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Auri on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Auri Inc or generate 0.0% return on investment in Auri over 90 days. Auri is related to or competes with Expro Group, ChampionX, Ranger Energy, Cactus, MRC Global, Bristow, and Oil States. Its technology takes produced saltwater and turn it into a steam by removing metals, suspended solids, and chlorides tha... More
Auri 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 Auri'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 Auri Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 52.7 | |||
| Information Ratio | 0.2006 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Auri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auri's standard deviation. In reality, there are many statistical measures that can use Auri historical prices to predict the future Auri's volatility.| Risk Adjusted Performance | 0.1655 | |||
| Jensen Alpha | 9.43 | |||
| Total Risk Alpha | 1.63 | |||
| Sortino Ratio | 0.1699 | |||
| Treynor Ratio | (3.31) |
Auri Inc Backtested Returns
Auri is out of control given 3 months investment horizon. Auri Inc secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 9.23% are justified by taking the suggested risk. Use Auri Mean Deviation of 30.3, downside deviation of 52.7, and Risk Adjusted Performance of 0.1655 to evaluate company specific risk that cannot be diversified away. Auri holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.74, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Auri are expected to decrease by larger amounts. On the other hand, during market turmoil, Auri is expected to outperform it. Use Auri maximum drawdown, as well as the relationship between the expected short fall and day median price , to analyze future returns on Auri.
Auto-correlation | 0.09 |
Virtually no predictability
Auri Inc has virtually no predictability. Overlapping area represents the amount of predictability between Auri time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Auri Inc price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Auri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Auri Inc lagged returns against current returns
Autocorrelation, which is Auri 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 Auri's pink sheet expected returns. We can calculate the autocorrelation of Auri returns to help us make a trade decision. For example, suppose you find that Auri 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 |
Auri 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 Auri pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auri pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auri pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Auri Lagged Returns
When evaluating Auri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auri pink sheet have on its future price. Auri 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, Auri autocorrelation shows the relationship between Auri pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Auri Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Auri Pink Sheet
Auri financial ratios help investors to determine whether Auri 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 Auri with respect to the benefits of owning Auri security.