Aurora Cannabis Stock Price on September 2, 2022
| ACB Stock | USD 6.32 0.38 5.67% |
Below is the normalized historical share price chart for Aurora Cannabis extending back to July 11, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Aurora Cannabis stands at 6.32, as last reported on the 29th of April, with the highest price reaching 7.04 and the lowest price hitting 6.24 during the day.
If you're considering investing in Aurora Stock, it is important to understand the factors that can impact its price. Aurora Cannabis is very risky given 1 month investment horizon. Aurora Cannabis secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last month. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.71% are justified by taking the suggested risk. Use Aurora Cannabis Mean Deviation of 8.21, downside deviation of 5.02, and Risk Adjusted Performance of 0.1264 to evaluate company specific risk that cannot be diversified away.
At present, Aurora Cannabis' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 7.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 23.5 M. . As of April 29, 2024, Price To Sales Ratio is expected to decline to 1.42. The current year's Price Earnings Ratio is expected to grow to -1.25. Aurora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of July 2014 | 200 Day MA 4.9812 | 50 Day MA 4.6765 | Beta 2.927 |
Aurora |
Sharpe Ratio = 0.2256
| Best Portfolio | Best Equity | |||
| Good Returns | ACB | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.99 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.71 actual daily | 53 53% of assets have lower returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Aurora Cannabis is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Aurora Cannabis by adding it to a well-diversified portfolio.
Price Book 0.9542 | Enterprise Value Ebitda (0.20) | Price Sales 1.3114 | Shares Float 54.4 M | Wall Street Target Price 32.04 |
Aurora Cannabis Valuation on September 2, 2022
It is possible to determine the worth of Aurora Cannabis on a given historical date. On September 2, 2022 Aurora was worth 1.55 at the beginning of the trading date compared to the closed value of 15.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurora Cannabis stock. Still, in general, we apply an absolute valuation method to find Aurora Cannabis' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Aurora Cannabis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurora Cannabis' related companies.
| Open | High | Low | Close | Volume | |
| 1.58 | 15.00 | 15.00 | 15.00 | 928,206 | |
09/02/2022 | 1.55 | 15.10 | 15.10 | 15.10 | 738,191 |
| 1.51 | 13.80 | 13.80 | 13.80 | 1,274,348 |
| Backtest Aurora Cannabis | | | Aurora Cannabis History | | | Aurora Cannabis Valuation | Previous | Next |
Aurora Cannabis Trading Date Momentum on September 2, 2022
| On September 06 2022 Aurora Cannabis was traded for 13.80 at the closing time. Highest Aurora Cannabis's price during the trading hours was 13.80 and the lowest price during the day was 13.80 . The net volume was 1.3 M. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 8.61% . The overall trading delta to current price is 89.60% . |
Aurora Cannabis Fundamentals Correlations and Trends
By evaluating Aurora Cannabis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aurora Cannabis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aurora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aurora Cannabis Stock history
Aurora Cannabis investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Aurora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aurora Cannabis will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Aurora Cannabis stock prices may prove useful in developing a viable investing in Aurora Cannabis
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.1 M | 23.5 M | |
| Net Loss | -1.5 B | -1.5 B |
Aurora Cannabis Quarterly Net Working Capital |
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Aurora Cannabis Stock Technical Analysis
Aurora Cannabis 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.
Price Boundaries
Aurora Cannabis Period Price Range
Low | September 2, 2022
| High |
1.55 | 15.10 |
Aurora Cannabis April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Aurora Cannabis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aurora Cannabis shares will generate the highest return on investment. By undertsting and applying Aurora Cannabis stock market strength indicators, traders can identify Aurora Cannabis entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 9.74 | |||
| Day Median Price | 15.1 | |||
| Day Typical Price | 15.1 | |||
| Price Action Indicator | 6.78 | |||
| Period Momentum Indicator | (8.78) |
Aurora Cannabis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aurora Cannabis' price direction in advance. Along with the technical and fundamental analysis of Aurora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aurora to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1264 | |||
| Jensen Alpha | 2.49 | |||
| Total Risk Alpha | 4.58 | |||
| Sortino Ratio | 0.4537 | |||
| Treynor Ratio | 0.8216 |
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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.Note that the Aurora Cannabis information on this page should be used as a complementary analysis to other Aurora Cannabis' 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Aurora Stock analysis
When running Aurora Cannabis' price analysis, check to measure Aurora Cannabis' 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 Cannabis is operating at the current time. Most of Aurora Cannabis' value examination focuses on studying past and present price action to predict the probability of Aurora Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Cannabis' price. Additionally, you may evaluate how the addition of Aurora Cannabis to your portfolios can decrease your overall portfolio volatility.
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Is Aurora Cannabis' industry 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 Aurora Cannabis. If investors know Aurora 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 Aurora Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (57.77) | Revenue Per Share 6.784 | Quarterly Revenue Growth 0.055 | Return On Assets (0.08) |
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' 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 Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' 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 Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' 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.