Aura Minerals Stock Technical Analysis
ORA Stock | CAD 10.00 0.29 2.99% |
As of the 28th of March, Aura Minerals shows the Mean Deviation of 1.19, downside deviation of 1.6, and Risk Adjusted Performance of 0.0586. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Aura Minerals, as well as the relationship between them. 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 analyze nineteen technical drivers for Aura Minerals, which can be compared to its rivals. Please confirm Aura Minerals maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Aura Minerals is priced correctly, providing market reflects its regular price of 10.0 per share.
Aura Minerals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aura, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AuraAura |
Aura Minerals 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.
Aura Minerals Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Aura Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aura Minerals Trend Analysis
Use this graph to draw trend lines for Aura Minerals. You can use it to identify possible trend reversals for Aura Minerals 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 Aura Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aura Minerals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aura Minerals applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Aura Minerals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.62, which is the sum of squared deviations for the predicted Aura Minerals price change compared to its average price change.About Aura Minerals 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 Aura Minerals 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 Aura Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aura Minerals price pattern first instead of the macroeconomic environment surrounding Aura Minerals. By analyzing Aura Minerals'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 Aura Minerals'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 Aura Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.14 | 0.0478 | 0.0561 | 0.0503 | Price To Sales Ratio | 1.34 | 1.08 | 1.2 | 1.14 |
Aura Minerals March 28, 2024 Technical Indicators
Most technical analysis of Aura 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 Aura from various momentum indicators to cycle indicators. When you analyze Aura 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 | 0.0586 | |||
Market Risk Adjusted Performance | 0.1185 | |||
Mean Deviation | 1.19 | |||
Semi Deviation | 1.42 | |||
Downside Deviation | 1.6 | |||
Coefficient Of Variation | 1065.7 | |||
Standard Deviation | 1.56 | |||
Variance | 2.44 | |||
Information Ratio | 0.008 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.0078 | |||
Treynor Ratio | 0.1085 | |||
Maximum Drawdown | 6.05 | |||
Value At Risk | (2.97) | |||
Potential Upside | 2.94 | |||
Downside Variance | 2.57 | |||
Semi Variance | 2.02 | |||
Expected Short fall | (1.33) | |||
Skewness | (0.03) | |||
Kurtosis | 0.5134 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. 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. Note that the Aura Minerals information on this page should be used as a complementary analysis to other Aura Minerals' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Aura Stock analysis
When running Aura Minerals' price analysis, check to measure Aura Minerals' 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 Aura Minerals is operating at the current time. Most of Aura Minerals' value examination focuses on studying past and present price action to predict the probability of Aura Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aura Minerals' price. Additionally, you may evaluate how the addition of Aura Minerals to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |