Aurora Cannabis Stock Price Prediction
| ACB Stock | USD 4.30 0.06 1.42% |
Oversold Vs Overbought
0
Oversold | Overbought |
Quarterly Earnings Growth (0.92) | EPS Estimate Next Quarter (0.33) | EPS Estimate Current Year (0.92) | EPS Estimate Next Year (0.46) | Wall Street Target Price 32.07 |
Using Aurora Cannabis hype-based prediction, you can estimate the value of Aurora Cannabis from the perspective of Aurora Cannabis response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Aurora Cannabis to buy its stock at a price that has no basis in reality. In that case, they are not buying Aurora because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Aurora Cannabis after-hype prediction price | USD 4.3 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Aurora |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aurora Cannabis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aurora Cannabis After-Hype Price Prediction Density Analysis
As far as predicting the price of Aurora Cannabis at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Aurora Cannabis or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Aurora Cannabis, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Aurora Cannabis Estimiated After-Hype Price Volatility
In the context of predicting Aurora Cannabis' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Aurora Cannabis' historical news coverage. Aurora Cannabis' after-hype downside and upside margins for the prediction period are 0.57 and 8.03, respectively. We have considered Aurora Cannabis' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Aurora Cannabis is relatively risky at this time. Analysis and calculation of next after-hype price of Aurora Cannabis is based on 3 months time horizon.
Aurora Cannabis Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Aurora Cannabis is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Aurora Cannabis backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Aurora Cannabis, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.57 | 3.73 | 0.02 | 0.00 | 7 Events / Month | 4 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
4.30 | 4.30 | 0.00 |
|
Aurora Cannabis Hype Timeline
On the 22nd of November Aurora Cannabis is traded for 4.30. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.0. Aurora is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.57%. %. The volatility of related hype on Aurora Cannabis is about 65275.0%, with the expected price after the next announcement by competition of 4.30. About 13.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Aurora Cannabis recorded a loss per share of 0.46. The entity last dividend was issued on the 11th of May 2020. The firm had 1:10 split on the 20th of February 2024. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days. Check out Aurora Cannabis Basic Forecasting Models to cross-verify your projections.Aurora Cannabis Related Hype Analysis
Having access to credible news sources related to Aurora Cannabis' direct competition is more important than ever and may enhance your ability to predict Aurora Cannabis' future price movements. Getting to know how Aurora Cannabis' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Aurora Cannabis may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CGC | Canopy Growth Corp | (0.26) | 12 per month | 0.00 | (0.14) | 8.26 | (7.27) | 35.86 | |
| SNDL | SNDL Inc | 0.23 | 9 per month | 0.00 | (0.05) | 3.86 | (3.88) | 24.46 | |
| HEXO | Hexo Corp | 0.05 | 8 per month | 0.00 | (0.12) | 5.88 | (10.47) | 56.99 | |
| CRON | Cronos Group | (0.01) | 7 per month | 0.00 | (0.09) | 4.74 | (3.98) | 19.33 | |
| CURLF | Curaleaf Holdings | 0.00 | 0 per month | 0.00 | (0.07) | 9.51 | (6.81) | 43.19 | |
| OGI | OrganiGram Holdings | 0.02 | 2 per month | 0.00 | (0.16) | 4.05 | (4.24) | 14.87 | |
| TLRY | Tilray Inc | 0.01 | 11 per month | 0.00 | (0.20) | 4.94 | (4.55) | 21.22 |
Aurora Cannabis Additional Predictive Modules
Most predictive techniques to examine Aurora price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Aurora using various technical indicators. When you analyze Aurora charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Aurora Cannabis Predictive Indicators
The successful prediction of Aurora Cannabis stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Aurora Cannabis, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Aurora Cannabis based on analysis of Aurora Cannabis hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Aurora Cannabis's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Aurora Cannabis's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 77.59 | 64.69 | 61.33 | 106.78 | PTB Ratio | 5.52 | 0.63 | 0.5 | 0.47 |
Story Coverage note for Aurora Cannabis
The number of cover stories for Aurora Cannabis depends on current market conditions and Aurora Cannabis' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Aurora Cannabis is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Aurora Cannabis' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
Aurora Cannabis Short Properties
Aurora Cannabis' future price predictability will typically decrease when Aurora Cannabis' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Aurora Cannabis often depends not only on the future outlook of the potential Aurora Cannabis' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Aurora Cannabis' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.4 M | |
| Cash And Short Term Investments | 117.5 M |
Complementary Tools for Aurora Stock analysis
When running Aurora Cannabis' price analysis, check to measure Aurora Cannabis' 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 Cannabis is operating at the current time. Most of Aurora Cannabis' value examination focuses on studying past and present price action to predict the probability of Aurora Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Cannabis' price. Additionally, you may evaluate how the addition of Aurora Cannabis to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |