Aurora Mobile Stock Market Value
| JG Stock | USD 8.22 0.82 11.08% |
| Symbol | Aurora |
Aurora Mobile Price To Book Ratio
Is Application Software 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 Aurora Mobile. If investors know Aurora 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 Aurora Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.55) | Revenue Per Share 49.496 | Quarterly Revenue Growth 0.083 | Return On Assets (0.05) | Return On Equity (0.24) |
The market value of Aurora Mobile is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Mobile's value that differs from its market value or its book value, called intrinsic value, which is Aurora Mobile's 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 Aurora Mobile's market value can be influenced by many factors that don't directly affect Aurora Mobile's 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 Aurora Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Mobile's 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.
Aurora Mobile '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 Mobile's 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 Mobile.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Aurora Mobile on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Aurora Mobile or generate 0.0% return on investment in Aurora Mobile over 30 days. Aurora Mobile is related to or competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, Hub Cyber, AuthID, and VirnetX Holding. Aurora Mobile Limited, through its subsidiaries, operates as a mobile app developer service provider in China More
Aurora Mobile 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 Mobile's 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 Mobile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.82 | |||
| Information Ratio | 0.1545 | |||
| Maximum Drawdown | 42.17 | |||
| Value At Risk | (13.59) | |||
| Potential Upside | 18.46 |
Aurora Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurora Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurora Mobile's standard deviation. In reality, there are many statistical measures that can use Aurora Mobile historical prices to predict the future Aurora Mobile's volatility.| Risk Adjusted Performance | 0.1332 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | 0.4794 | |||
| Sortino Ratio | 0.1892 | |||
| Treynor Ratio | 11.48 |
Aurora Mobile Backtested Returns
Aurora Mobile is dangerous given 3 months investment horizon. Aurora Mobile secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.81% are justified by taking the suggested risk. Use Aurora Mobile Risk Adjusted Performance of 0.1332, downside deviation of 7.82, and Mean Deviation of 6.13 to evaluate company specific risk that cannot be diversified away. Aurora Mobile holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aurora Mobile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aurora Mobile is expected to be smaller as well. Use Aurora Mobile semi variance, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Aurora Mobile.
Auto-correlation | -0.31 |
Poor reverse predictability
Aurora Mobile has poor reverse predictability. Overlapping area represents the amount of predictability between Aurora Mobile time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Aurora Mobile price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Aurora Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Aurora Mobile lagged returns against current returns
Autocorrelation, which is Aurora Mobile 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 Mobile's stock expected returns. We can calculate the autocorrelation of Aurora Mobile returns to help us make a trade decision. For example, suppose you find that Aurora Mobile 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 Mobile 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 Mobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurora Mobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aurora Mobile stock over time.
Current vs Lagged Prices |
| Timeline |
Aurora Mobile Lagged Returns
When evaluating Aurora Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurora Mobile stock have on its future price. Aurora Mobile 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 Mobile autocorrelation shows the relationship between Aurora Mobile stock current value and its past values and can show if there is a momentum factor associated with investing in Aurora Mobile.
Regressed Prices |
| Timeline |
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Check out Aurora Mobile Correlation, Aurora Mobile Volatility and Aurora Mobile Alpha and Beta module to complement your research on Aurora Mobile. For more detail on how to invest in Aurora Stock please use our How to Invest in Aurora Mobile guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Aurora Mobile 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.