The firm shows a Beta (market volatility) of -0.2032, which signifies not very significant fluctuations relative to the market. Let's try to break down what Aurora's beta means in this case. As returns on the market increase, returns on owning Aurora Cannabis are expected to decrease at a much lower rate. During the bear market, Aurora Cannabis is likely to outperform the market. Even though it is essential to pay attention to
Aurora Cannabis historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Aurora Cannabis exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Aurora Cannabis has an expected return of -1.09%. Please be advised to confirm Aurora Cannabis
total risk alpha,
value at risk,
expected short fall, as well as the
relationship between the
treynor ratio and
downside variance to decide if
Aurora Cannabis stock performance from the past will be repeated at some point in the near future.
What is the right price you would pay to acquire a share of Aurora Cannabis? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Aurora Cannabis this year
Annual and quarterly reports issued by Aurora Cannabis are formal
financial statements that are published yearly and quarterly and sent to Aurora stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Aurora Cannabis often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Aurora Cannabis Gross Profit
Aurora Cannabis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Aurora Cannabis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Aurora Cannabis Gross Profit growth over the last 10 years. Please check Aurora Cannabis'
gross profit and other
fundamental indicators for more details.
Is Aurora a risky opportunity?
Let's check the volatility. Aurora is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Aurora (NYSE:ACB) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. taking in a share of an Aurora Cannabis stock makes you a part-owner of that company.
Aurora Cannabis Current Consensus
Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Aurora Cannabis. The Aurora consensus assessment is calculated by taking the average estimates from all of the analysts covering Aurora Cannabis
| Strong Buy1 | Buy1 | Hold10 | Sell2 |
| Strong Buy | 1 | 7.14 |
| Buy | 1 | 7.14 |
| Hold | 10 | 71.43 |
| Sell | 2 | 14.29 |
| Strong Sell | 0 | 0.0 |
Will Aurora Cannabis current slip continue?
Skewness is down to 0.25. It may suggest a possible volatility slip. Aurora Cannabis exhibits very low volatility with skewness of 0.25 and kurtosis of 1.91. However, we advise investors to further study Aurora Cannabis technical indicators to make sure all market info is available and is reliable.
Our Conclusion on Aurora Cannabis
Whereas other entities in the drug manufacturers—specialty & generic industry are either recovering or due for a correction, Aurora may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Aurora valuation and our trade advice on Aurora Cannabis is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Aurora Cannabis.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Aurora Cannabis. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com
