Aurora Mobile Stock Market Value
| JG Stock | USD 2.92 0.18 5.81% |
| Symbol | Aurora |
Aurora Mobile Price To Book Ratio
Is Aurora Mobile's industry 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 (1.44) | Revenue Per Share 48.561 | Quarterly Revenue Growth (0.11) | Return On Assets (0.08) | Return On Equity (0.48) |
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.
| 09/26/2022 |
| 04/18/2024 |
If you would invest 0.00 in Aurora Mobile on September 26, 2022 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 570 days. Aurora Mobile is related to or competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, Hub Cyber, ZeroFox Holdings, and Ipsidy. 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.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 32.07 | |||
| Value At Risk | (8.08) | |||
| Potential Upside | 9.29 |
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 | 0.0062 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aurora Mobile's 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 Mobile Backtested Returns
Aurora Mobile secures Sharpe Ratio (or Efficiency) of -0.0058, which signifies that the company had a -0.0058% return per unit of risk over the last 3 months. Aurora Mobile exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aurora Mobile's Mean Deviation of 4.63, risk adjusted performance of 0.0062, and Standard Deviation of 6.24 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. 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. Aurora Mobile has an expected return of -0.0365%. Please make sure to confirm Aurora Mobile skewness, as well as the relationship between the day median price and relative strength index , to decide if Aurora Mobile performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.26 |
Poor predictability
Aurora Mobile has poor predictability. Overlapping area represents the amount of predictability between Aurora Mobile time series from 26th of September 2022 to 8th of July 2023 and 8th of July 2023 to 18th of April 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 0.26 indicates that nearly 26.0% of current Aurora Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
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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Try AI Portfolio ArchitectCheck 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.Note that the Aurora Mobile information on this page should be used as a complementary analysis to other Aurora Mobile's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Aurora Stock analysis
When running Aurora Mobile's price analysis, check to measure Aurora Mobile'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 Mobile is operating at the current time. Most of Aurora Mobile's value examination focuses on studying past and present price action to predict the probability of Aurora Mobile'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 Mobile's price. Additionally, you may evaluate how the addition of Aurora Mobile to your portfolios can decrease your overall portfolio volatility.
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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.