Aurora World (Korea) Price on February 23, 2024

039830 Stock  KRW 6,580  100.00  1.50%   
If you're considering investing in Aurora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aurora World stands at 6,580, as last reported on the 12th of June 2024, with the highest price reaching 6,760 and the lowest price hitting 6,580 during the day. Aurora World secures Sharpe Ratio (or Efficiency) of -0.0226, which signifies that the company had a -0.0226% return per unit of risk over the last 3 months. Aurora World exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aurora World's Standard Deviation of 1.11, risk adjusted performance of (0.02), and Mean Deviation of 0.8466 to double-check the risk estimate we provide.
  
Aurora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0226

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Estimated Market Risk

 1.1
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aurora World 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 Aurora World by adding Aurora World to a well-diversified portfolio.

Aurora World Valuation on February 23, 2024

It is possible to determine the worth of Aurora World on a given historical date. On February 23, 2024 Aurora was worth 7290.0 at the beginning of the trading date compared to the closed value of 7280.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurora World stock. Still, in general, we apply an absolute valuation method to find Aurora World's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aurora World where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurora World's related companies.
 Open High Low Close Volume
  7,250    7,320    7,240    7,290    11,251  
02/23/2024
  7,290    7,350    7,210    7,280    10,495  
  7,290    7,290    7,170    7,210    13,686  
Backtest Aurora World  |  Aurora World History  |  Aurora World Valuation   PreviousNext  
Open Value
7290.0
7280.0
Closing Value
7,293
Upside

Aurora World Trading Date Momentum on February 23, 2024

On February 26 2024 Aurora World was traded for  7,210  at the closing time. The highest price during the trading period was 7,290  and the lowest recorded bid was listed for  7,170 . The volume for the day was 13.7 K. This history from February 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.96% . The overall trading delta to the current price is 3.57% .

Aurora World Fundamentals Correlations and Trends

By evaluating Aurora World's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aurora World's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aurora financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Aurora World Stock history

Aurora World investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aurora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurora World will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aurora World stock prices may prove useful in developing a viable investing in Aurora World
Aurora World Corporation operates as a character and contents company worldwide. The company was founded in 1981 and is headquartered in Seoul, South Korea. AURORA is traded on Korean Securities Dealers Automated Quotations in South Korea.

Aurora World Stock Technical Analysis

Aurora World 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.
A focus of Aurora World technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aurora World trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aurora World Period Price Range

Low
February 23, 2024
-10  -0.14%
High

 7,290 

     

 7,280 

Aurora World June 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Aurora World stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurora World shares will generate the highest return on investment. By undertsting and applying Aurora World stock market strength indicators, traders can identify Aurora World entry and exit signals to maximize returns

Aurora World Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aurora World's price direction in advance. Along with the technical and fundamental analysis of Aurora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurora to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Aurora Stock analysis

When running Aurora World's price analysis, check to measure Aurora World'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 World is operating at the current time. Most of Aurora World's value examination focuses on studying past and present price action to predict the probability of Aurora World'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 World's price. Additionally, you may evaluate how the addition of Aurora World to your portfolios can decrease your overall portfolio volatility.
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