Aura Energy Limited Stock Probability Of Bankruptcy
| AUEEF Stock | USD 0.15 0.03 16.67% |
Aura |
Aura Energy Limited Company chance of financial distress Analysis
Aura Energy's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Aura Energy Probability Of Bankruptcy | Over 68% |
Most of Aura Energy's fundamental indicators, such as Probability Of Bankruptcy, 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 Energy Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Aura Energy probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Aura Energy odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Aura Energy Limited financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Aura Energy Limited has a Probability Of Bankruptcy of 68%. This is 41.02% higher than that of the Energy sector and significantly higher than that of the Uranium industry. The probability of bankruptcy for all United States stocks is 70.73% lower than that of the firm.
Aura Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aura Energy's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Aura Energy could also be used in its relative valuation, which is a method of valuing Aura Energy by comparing valuation metrics of similar companies.Aura Energy is currently under evaluation in probability of bankruptcy category among related companies.
Aura Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0655 | |||
| Operating Margin | (33.20) % | |||
| Current Valuation | 86.76 M | |||
| Shares Outstanding | 557.27 M | |||
| Shares Owned By Insiders | 28.49 % | |||
| Shares Owned By Institutions | 40.40 % | |||
| Price To Earning | (2.50) X | |||
| Price To Book | 4.68 X | |||
| Price To Sales | 1,139 X | |||
| Gross Profit | 92.5 K | |||
| EBITDA | (3.13 M) | |||
| Net Income | (3.57 M) | |||
| Cash And Equivalents | 9.95 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 312.5 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 9.72 X | |||
| Book Value Per Share | 0.07 X | |||
| Cash Flow From Operations | (2.69 M) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 10 | |||
| Beta | 0.0742 | |||
| Market Capitalization | 139.32 M | |||
| Total Asset | 34.91 M | |||
| Net Asset | 34.91 M |
About Aura Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aura Energy Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aura Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aura Energy Limited 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.
Pair Trading with Aura Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aura Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aura Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Aura Pink Sheet
| 0.56 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.54 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.52 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.42 | HYMTF | Hyundai Motor | PairCorr |
The ability to find closely correlated positions to Aura Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aura Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aura Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aura Energy Limited to buy it.
The correlation of Aura Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aura Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aura Energy Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aura Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aura Energy Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Aura Energy Limited information on this page should be used as a complementary analysis to other Aura Energy's 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Aura Pink Sheet analysis
When running Aura Energy's price analysis, check to measure Aura Energy'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 Aura Energy is operating at the current time. Most of Aura Energy's value examination focuses on studying past and present price action to predict the probability of Aura Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aura Energy's price. Additionally, you may evaluate how the addition of Aura Energy to your portfolios can decrease your overall portfolio volatility.
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