Aurora Corp (Taiwan) Volatility
| 2373 Stock | TWD 56.80 -0.70 -1.22% |
Sharpe Ratio = 0.0749
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← Lower RiskHigher Risk →
Estimated Market Risk
| 0.89 actual daily | 7 Higher volatility than 7% of comparable assets |
Expected Return
| 0.07 actual daily | 1 Outperformed by 99% of comparable assets |
Risk-Adjusted Return
| 0.07 actual daily | 5 5th percentile in risk-adjusted performance |
For Aurora Corp, recent data highlights a Market Risk Adjusted Performance of 0.3%, a Risk of 0.89, and a Risk Adjusted Performance of 0.1%. The stock is tracking at approximately 5% of its historical trend range per monthly averages.
Key indicators related to Aurora Corp's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Aurora Corp (3 Months):
Beta 0.19 | Alpha 0.05 | Risk 0.89 | Sharpe Ratio 0.07 | Expected Return 0.07 |
Assets With Similar Volatility
| 0.66 | 2820 | China Bills Finance | PairCorr |
| 0.67 | 1449 | Chia Her Industrial | PairCorr |
| 0.74 | 5871 | Chailease Holding Co Earnings Call Today | PairCorr |
| 0.61 | 2705 | Leofoo Development Co | PairCorr |
| 0.74 | 0050 | YuantaP shares Taiwan Top | PairCorr |
| 0.74 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.75 | 0053 | YuantaP shares Taiwan Electronics | PairCorr |
| 0.8 | 0051 | YuantaP shares Taiwan Mid Cap | PairCorr |
Lower Correlation Assets
| 0.62 | 9906 | Hsin Ba Ba | PairCorr |
| 0.61 | 9928 | China Television Co | PairCorr |
| 0.38 | 2609 | Yang Ming Marine Earnings Call Today | PairCorr |
Sensitivity To Market
Aurora Corp exhibits a beta of 0.19, representing its market-relative sensitivity. This coefficient separates systematic risk from company-specific volatility. Total return dispersion is approximately 0.89%. Aurora Corp return patterns over the selected horizon reflect a low level of variability, based on dispersion and downside-focused statistics. Standard deviation is near 0.89%. Stock volatility blends company-specific effects with broader market movement. Sector rotation and analyst revisions shift expectations and increase short-term dispersion.
3 Months Beta |Aurora Corp Demand TrendCurrent 90-day Aurora Corp correlation with market (Dow Jones Industrial)Downside Risk
For Aurora Corp, the standard deviation figure expresses the observed spread of daily returns over the selected period. The magnitude of Aurora Corp standard deviation determines where it falls on the volatility spectrum relative to peers. Because standard deviation treats upside and downside moves equally, pairing it with downside deviation isolates asymmetric risk exposure for Aurora Corp. Normalizing Aurora Corp returns by their standard deviation produces a z-score suited to cross-asset comparison.
Standard Deviation | 0.89 |
Upside and downside risks in Aurora Corp are not symmetric. Downside deviation measures only the risk of loss in Aurora Corp's returns, unlike standard deviation which includes all moves. The risk profile of Aurora Corp has two components: upside risk and downside risk. Total volatility measures all price movement; downside deviation measures only the loss risk in Aurora Corp's returns. For Aurora Corp, recent data highlights a Downside Deviation of 1.06, a Downside Variance of 1.12, and a Maximum Drawdown of 4.84.
Stock Volatility Analysis
Market participants monitor Aurora Corp volatility to assess the stock's price stability. Sharp price swings in Aurora Corp's stock often accompany major news events or earnings announcements. A wide deviation implies greater uncertainty and potential reward or loss for Aurora Corp. Volatility in Aurora Corp often coincides with valuation shifts that alter the risk-return profile.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Average Price transformation calculates the mean of Aurora Corp's open, high, low, and close for each trading period. By incorporating all four price components equally, it provides a balanced representation of each period's trading activity. Compared to using the closing price alone, the average price reduces the influence of end-of-day positioning and can serve as a smoother input for other technical indicators.
Projected Return Density Against Market
Over the selected 90-day horizon, Aurora Corp has a beta of 0.1943. This suggests as returns on the market go up, Aurora Corp's average returns tend to increase less than the benchmark. However, during a bear market, the loss from holding Aurora Corp tends to be smaller as well.Aurora Corp exhibits both macro-linked volatility and company or sector-specific developments. Beta and standard deviation quantify relative market risk. For Aurora Corp, recent data highlights a Downside Deviation of 1.06, a Mean Deviation of 0.70, and a Semi Deviation of 0.88.
Predicted Return Distribution |
| Density |
What Drives Aurora Corp's Price Volatility?
Industry Dynamics
Aurora Corp's volatility can rise when competitive dynamics or demand conditions shift across the Electronic Equipment, Instruments & Components sector.Political and Economic Environment
Changes in fiscal policy, rates, and growth expectations affect market-wide risk premiums and spill into Aurora Corp's trading.Aurora Corp's Company-Specific Factors
Event risk around earnings, forecasts, and operating performance can create abrupt price dispersion in Aurora Corp.Stock Risk Measures
Over the selected 90-day horizon, the coefficient of variation of Aurora Corp is 1335.61. The daily returns are distributed with a variance of 0.8 and standard deviation of 0.89. The mean deviation of Aurora Corp is currently at 0.69. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.96
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.89 | |
Ir | Information ratio | 0.06 |
Stock Return Volatility
Aurora Corp return volatility captures the typical daily swing in stock returns relative to the mean over the selected period. The company has volatility of 0.8946% on return distribution over a 90-day investment horizon. Meanwhile, Dow Jones Industrial reported 0.9236% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
| 0.42 | -0.53 | 0.57 | 0.48 | 3272 | ||
| 0.42 | -0.25 | 0.72 | 0.5 | 3659 | ||
| -0.53 | -0.25 | -0.49 | -0.46 | 8087 | ||
| 0.57 | 0.72 | -0.49 | 0.5 | 3521 | ||
| 0.48 | 0.5 | -0.46 | 0.5 | 6599 | ||
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
Aurora Corp Company can look attractive on recent price action while risk efficiency lags the peer group. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 3272 | 2.03 | -0.13 | 0.00 | -0.22 | 0.00 | 9.74 | 17.57 | |||
| 3659 | 3.74 | 0.00 | 0.00 | -0.01 | 4.36 | 11.49 | 50.45 | |||
| 8087 | 2.68 | 0.21 | 0.06 | 1.68 | 2.98 | 9.89 | 18.28 | |||
| 3521 | 2.04 | 0.01 | 0.00 | -0.03 | 2.43 | 6.55 | 18.50 | |||
| 6599 | 1.12 | -0.35 | 0.00 | 1.56 | 0.00 | 2.85 | 7.96 |
Risk Metrics, Assumptions & Methodology
Volatility regime analysis for Aurora Corp identifies whether current dispersion is elevated, compressed, or transitioning between states. Identifying the current regime helps calibrate whether historical risk metrics are still representative. Aurora Corp has a market cap of 17.67 billion, P/E of 14.25, ROE of 16.94%.
Aurora Corp metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
Volatility Profile Summary
Recent data suggests that Aurora Corp is less volatile than Dow Jones Industrial by approximately 1.03x over the selected horizon. This differential reflects the relative dispersion of returns and frames how each asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 7% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Aurora Corp exhibits characteristics that tend to dampen sensitivity to smaller market fluctuations within the current volatility regime. This move summary looks at how the current session may translate into a basic near-term setup. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a somewhat bearish sentiment with potential for near-term correction. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Aurora Corp probability analysis.
Very good diversification
Across the chosen horizon, Aurora Corp and Dow Jones show a correlation of 0.09 and fall into the Very good diversification bucket. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Additional Risk Indicators
A broader risk-indicator set for Aurora Corp extends the analysis beyond standard volatility and risk measures. This is most informative when assessing whether the current opportunity is being compensated with reasonable risk.
| Risk Adjusted Performance | 0.0682 | |||
| Market Risk Adjusted Performance | 0.2869 | |||
| Mean Deviation | 0.6959 | |||
| Semi Deviation | 0.8817 | |||
| Downside Deviation | 1.06 | |||
| Coefficient Of Variation | 1397.03 | |||
| Standard Deviation | 0.8912 |
Aurora Corp Suggested Diversification Pairs
A paired position built around Aurora Corp reduces directional market exposure while expressing a relative-value view. This structure emphasizes relative performance differences between paired assets rather than broad market direction.
While pairing positions reduces portfolio risk, some forms of risk persist no matter which instruments are combined. No matter how well a pair is constructed around Aurora Corp, market-wide risk remains. What pair trading can address is Aurora Corp's unsystematic risk - the portion driven by company or sector-specific factors rather than broad market forces.
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