Aurasource Stock Performance
The firm shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AuraSource's returns are expected to increase less than the market. However, during the bear market, the loss of holding AuraSource is expected to be smaller as well. At this point, AuraSource has a negative expected return of -3.18%. Please make sure to confirm AuraSource's risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown , to decide if AuraSource performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days AuraSource has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 65.9 K |
AuraSource |
AuraSource Relative Risk vs. Return Landscape
If you would invest 4.00 in AuraSource on August 28, 2024 and sell it today you would lose (4.00) from holding AuraSource or give up 100.0% of portfolio value over 90 days. AuraSource is currently does not generate positive expected returns and assumes 17.6032% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than AuraSource, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
AuraSource Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for AuraSource's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as AuraSource, and traders can use it to determine the average amount a AuraSource's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1808
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| Negative Returns | ARAO |
Estimated Market Risk
| 17.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| -3.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average AuraSource is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AuraSource by adding AuraSource to a well-diversified portfolio.
AuraSource Fundamentals Growth
AuraSource Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of AuraSource, and AuraSource fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on AuraSource Pink Sheet performance.
| Return On Asset | -3.91 | |||
| Current Valuation | 9.49 M | |||
| Shares Outstanding | 68.6 M | |||
| Price To Earning | (11.86) X | |||
| Price To Sales | 96.00 X | |||
| EBITDA | (1.49 M) | |||
| Cash And Equivalents | 26.31 K | |||
| Total Debt | 2.94 M | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (44.45 K) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 10.84 K | |||
| Retained Earnings | (13.28 M) | |||
| Current Asset | 531 K | |||
| Current Liabilities | 2.53 M | |||
About AuraSource Performance
By examining AuraSource's fundamental ratios, stakeholders can obtain critical insights into AuraSource's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that AuraSource is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
AuraSource, Inc. focuses on developing and implementing clean energy and mineral processing technologies. AuraSource, Inc. was incorporated in 1990 and is based in Tempe, Arizona. Aurasource operates under UtilitiesDiversified classification in the United States and is traded on OTC Exchange. It employs 3 people.Things to note about AuraSource performance evaluation
Checking the ongoing alerts about AuraSource for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for AuraSource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| AuraSource generated a negative expected return over the last 90 days | |
| AuraSource has high historical volatility and very poor performance | |
| AuraSource has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (1.13 M) with profit before overhead, payroll, taxes, and interest of 29.68 K. | |
| AuraSource currently holds about 26.31 K in cash with (44.45 K) of positive cash flow from operations. | |
| Roughly 60.0% of the company shares are held by company insiders |
- Analyzing AuraSource's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether AuraSource's stock is overvalued or undervalued compared to its peers.
- Examining AuraSource's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating AuraSource's management team can have a significant impact on its success or failure. Reviewing the track record and experience of AuraSource's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of AuraSource's pink sheet. These opinions can provide insight into AuraSource's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in AuraSource Pink Sheet
AuraSource financial ratios help investors to determine whether AuraSource 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 AuraSource with respect to the benefits of owning AuraSource security.