Aurora Spine Corp Stock Technical Analysis
| ASG Stock | CAD 0.30 0.02 7.14% |
As of the 18th of April 2024, Aurora Spine shows the Standard Deviation of 6.76, risk adjusted performance of (0.01), and Mean Deviation of 4.08. Aurora Spine Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Aurora Spine Corp, which can be compared to its peers. Please confirm Aurora Spine Corp information ratio and potential upside to decide if Aurora Spine Corp is priced correctly, providing market reflects its regular price of 0.3 per share.
Aurora Spine Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aurora, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AuroraAurora |
Aurora Spine 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.
Aurora Spine Corp Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Aurora Spine Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aurora Spine Corp Trend Analysis
Use this graph to draw trend lines for Aurora Spine Corp. You can use it to identify possible trend reversals for Aurora Spine as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Aurora Spine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aurora Spine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aurora Spine Corp applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Aurora Spine Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Aurora Spine price change compared to its average price change.About Aurora Spine Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Aurora Spine Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Aurora Spine Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aurora Spine Corp price pattern first instead of the macroeconomic environment surrounding Aurora Spine Corp. By analyzing Aurora Spine's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Aurora Spine's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Aurora Spine specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 92.36 | 89.95 | 103.44 | 91.16 | PTB Ratio | 2.85 | 5.2 | 5.97 | 10.0 |
Aurora Spine April 18, 2024 Technical Indicators
Most technical analysis of Aurora help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Aurora from various momentum indicators to cycle indicators. When you analyze Aurora charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 4.08 | |||
| Coefficient Of Variation | (3,971) | |||
| Standard Deviation | 6.76 | |||
| Variance | 45.73 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 45.0 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 7.14 | |||
| Skewness | 0.2287 | |||
| Kurtosis | 4.14 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Spine Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary 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.
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