Aura Biosciences Stock Short Ratio
| AURA Stock | USD 6.81 0.30 4.22% |
Aura Biosciences fundamentals help investors to digest information that contributes to Aura Biosciences' financial success or failures. It also enables traders to predict the movement of Aura Stock. The fundamental analysis module provides a way to measure Aura Biosciences' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aura Biosciences stock.
Aura | Short Ratio |
Aura Biosciences Company Short Ratio Analysis
Aura Biosciences' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Aura Biosciences Short Ratio | 24.49 X |
Most of Aura Biosciences' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Aura Biosciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Aura Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Aura Biosciences is extremely important. It helps to project a fair market value of Aura Stock properly, considering its historical fundamentals such as Short Ratio. Since Aura Biosciences' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Aura Biosciences' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Aura Biosciences' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, Aura Biosciences has a Short Ratio of 24.49 times. This is much higher than that of the Biotechnology sector and 230.5% higher than that of the Health Care industry. The short ratio for all United States stocks is notably lower than that of the firm.
Aura Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aura Biosciences' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aura Biosciences could also be used in its relative valuation, which is a method of valuing Aura Biosciences by comparing valuation metrics of similar companies.Aura Biosciences is currently under evaluation in short ratio category among its peers.
Aura Biosciences ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Aura Biosciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Aura Biosciences' managers, analysts, and investors.Environmental | Governance | Social |
Aura Biosciences Institutional Holders
Institutional Holdings refers to the ownership stake in Aura Biosciences that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aura Biosciences' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aura Biosciences' value.| Shares | T. Rowe Price Associates, Inc. | 2024-03-31 | 595.5 K | State Street Corporation | 2024-03-31 | 569.8 K | Decheng Capital Llc | 2024-03-31 | 515.6 K | Long Focus Capital Management, Llc | 2024-03-31 | 495.4 K | Ensign Peak Advisors Inc | 2024-03-31 | 357.2 K | Northern Trust Corp | 2024-03-31 | 296.3 K | Fmr Inc | 2024-03-31 | 294.7 K | Jefferies Financial Group Inc | 2024-03-31 | 222.5 K | Dimensional Fund Advisors, Inc. | 2024-03-31 | 208.7 K | Matrix Capital Management Company, Llc | 2024-03-31 | 6.9 M | Eventide Asset Management, Llc | 2024-03-31 | 5.8 M |
Aura Fundamentals
| Return On Equity | -0.4 | ||||
| Return On Asset | -0.25 | ||||
| Current Valuation | 153.84 M | ||||
| Shares Outstanding | 49.54 M | ||||
| Shares Owned By Insiders | 7.51 % | ||||
| Shares Owned By Institutions | 79.15 % | ||||
| Number Of Shares Shorted | 2.87 M | ||||
| Price To Book | 1.65 X | ||||
| EBITDA | (83.7 M) | ||||
| Net Income | (76.41 M) | ||||
| Cash And Equivalents | 122.13 M | ||||
| Cash Per Share | 4.17 X | ||||
| Total Debt | 19.56 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 21.97 X | ||||
| Book Value Per Share | 4.22 X | ||||
| Cash Flow From Operations | (63.85 M) | ||||
| Short Ratio | 24.49 X | ||||
| Earnings Per Share | (1.87) X | ||||
| Target Price | 19.8 | ||||
| Number Of Employees | 88 | ||||
| Beta | 0.36 | ||||
| Market Capitalization | 337.39 M | ||||
| Total Asset | 255.07 M | ||||
| Retained Earnings | (287.31 M) | ||||
| Working Capital | 219.44 M | ||||
| Net Asset | 255.07 M |
About Aura Biosciences Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aura Biosciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aura Biosciences using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aura Biosciences based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Aura Stock
When determining whether Aura Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aura Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aura Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aura Biosciences Stock:Check out Aura Biosciences Piotroski F Score and Aura Biosciences Altman Z Score analysis. For information on how to trade Aura Stock refer to our How to Trade Aura Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Biotechnology space 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 Aura Biosciences. If investors know Aura 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 Aura Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.87) | Return On Assets (0.25) | Return On Equity (0.40) |
The market value of Aura Biosciences is measured differently than its book value, which is the value of Aura that is recorded on the company's balance sheet. Investors also form their own opinion of Aura Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Aura Biosciences' 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 Aura Biosciences' market value can be influenced by many factors that don't directly affect Aura Biosciences' 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 Aura Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aura Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aura Biosciences' 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.