Aurion Resources Stock Technical Analysis

AU Stock  CAD 0.70  0.01  1.45%   
As of the 24th of April, Aurion Resources shows the Downside Deviation of 2.57, mean deviation of 2.45, and Risk Adjusted Performance of 0.1471. Aurion Resources 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 nineteen technical drivers for Aurion Resources, which can be compared to its peers. Please confirm Aurion Resources treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Aurion Resources is priced correctly, providing market reflects its regular price of 0.7 per share.

Aurion Resources Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aurion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Aurion
  
Aurion Resources' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Aurion Resources 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 Aurion Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aurion Resources 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...

Aurion Resources Technical Analysis

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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 Aurion Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Aurion Resources Trend Analysis

Use this graph to draw trend lines for Aurion Resources. You can use it to identify possible trend reversals for Aurion Resources 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 Aurion Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Aurion Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aurion Resources applied against its price change over selected period. The best fit line has a slop of    , which means Aurion Resources will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.82, which is the sum of squared deviations for the predicted Aurion Resources price change compared to its average price change.

About Aurion Resources 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 Aurion Resources 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 Aurion Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aurion Resources price pattern first instead of the macroeconomic environment surrounding Aurion Resources. By analyzing Aurion Resources'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 Aurion Resources'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 Aurion Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Days Sales Outstanding1.3K1.2K
PTB Ratio1.031.83

Aurion Resources April 24, 2024 Technical Indicators

Most technical analysis of Aurion 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 Aurion from various momentum indicators to cycle indicators. When you analyze Aurion 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurion Resources. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Aurion Stock analysis

When running Aurion Resources' price analysis, check to measure Aurion Resources' 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 Aurion Resources is operating at the current time. Most of Aurion Resources' value examination focuses on studying past and present price action to predict the probability of Aurion Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurion Resources' price. Additionally, you may evaluate how the addition of Aurion Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aurion Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurion Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurion Resources' 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.