Aurora Spine Corp Stock Performance
| ASG Stock | CAD 0.45 0.02 4.65% |
On a scale of 0 to 100, Aurora Spine holds a performance score of 13. 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, returns on owning Aurora Spine are expected to decrease at a much lower rate. During the bear market, Aurora Spine is likely to outperform the market. Please check Aurora Spine's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Aurora Spine's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Aurora Spine Corp are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Aurora Spine showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Aurora Spine Reports Innovation Success and Financial Growth - TipRanks | 09/11/2024 |
2 | Aurora Spine Corporation Announces Third Quarter 2024 Financial Results - GlobeNewswire | 10/24/2024 |
3 | Aurora Spine Corp Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... - Yahoo Finance | 10/29/2024 |
| Begin Period Cash Flow | 423.4 K |
Aurora |
Aurora Spine Relative Risk vs. Return Landscape
If you would invest 27.00 in Aurora Spine Corp on August 27, 2024 and sell it today you would earn a total of 18.00 from holding Aurora Spine Corp or generate 66.67% return on investment over 90 days. Aurora Spine Corp is currently producing 0.9592% returns and takes up 5.4461% volatility of returns over 90 trading days. Put another way, 48% of traded stocks are less volatile than Aurora, and 81% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Aurora Spine Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurora Spine's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Aurora Spine Corp, and traders can use it to determine the average amount a Aurora Spine'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 = 0.1761
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Estimated Market Risk
| 5.45 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.96 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Aurora Spine is performing at about 13% of its full potential. 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 Aurora Spine by adding it to a well-diversified portfolio.
Aurora Spine Fundamentals Growth
Aurora Stock prices reflect investors' perceptions of the future prospects and financial health of Aurora Spine, and Aurora Spine 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 Aurora Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.025 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 38.39 M | ||||
| Shares Outstanding | 77.42 M | ||||
| Price To Earning | (1.82) X | ||||
| Price To Book | 4.91 X | ||||
| Price To Sales | 2.04 X | ||||
| Revenue | 14.52 M | ||||
| Gross Profit | 4.83 M | ||||
| EBITDA | (446.2 K) | ||||
| Net Income | (1.68 M) | ||||
| Cash And Equivalents | 821.58 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 3.65 M | ||||
| Debt To Equity | 92.40 % | ||||
| Current Ratio | 2.47 X | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | (935.06 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 34.84 M | ||||
| Total Asset | 11.99 M | ||||
| Retained Earnings | (25.78 M) | ||||
| Working Capital | 5.23 M | ||||
About Aurora Spine Performance
Evaluating Aurora Spine's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Aurora Spine has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Aurora Spine has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 206.09 | 333.26 | |
| Return On Tangible Assets | (0.15) | (0.16) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.14) | (0.15) | |
| Return On Equity | (0.32) | (0.33) |
Things to note about Aurora Spine Corp performance evaluation
Checking the ongoing alerts about Aurora Spine for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Aurora Spine Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Aurora Spine Corp is way too risky over 90 days horizon | |
| Aurora Spine Corp has some characteristics of a very speculative penny stock | |
| Aurora Spine Corp appears to be risky and price may revert if volatility continues | |
| Aurora Spine Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 14.52 M. Net Loss for the year was (1.68 M) with profit before overhead, payroll, taxes, and interest of 4.83 M. | |
| Aurora Spine Corp has accumulated about 821.58 K in cash with (935.06 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 26.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Aurora Spine Corp Q3 2024 Earnings Call Highlights Strong Revenue Growth and ... - Yahoo Finance |
- Analyzing Aurora Spine'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 Aurora Spine's stock is overvalued or undervalued compared to its peers.
- Examining Aurora Spine'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 Aurora Spine's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Aurora Spine's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Aurora Spine's stock. These opinions can provide insight into Aurora Spine's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Aurora Stock Analysis
When running Aurora Spine's price analysis, check to measure Aurora Spine's 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 Spine is operating at the current time. Most of Aurora Spine's value examination focuses on studying past and present price action to predict the probability of Aurora Spine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Spine's price. Additionally, you may evaluate how the addition of Aurora Spine to your portfolios can decrease your overall portfolio volatility.