Aurora Innovation Stock Technical Analysis
| AUR Stock | USD 2.85 0.10 3.64% |
As of the 23rd of April, Aurora Innovation shows the Standard Deviation of 4.11, mean deviation of 3.32, and Risk Adjusted Performance of (0). Aurora Innovation technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. 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 are able to break down and analyze data for thirteen technical drivers for Aurora Innovation, which can be compared to its peers. Please confirm Aurora Innovation information ratio and skewness to decide if Aurora Innovation is priced correctly, providing market reflects its regular price of 2.85 per share. Please also double-check Aurora Innovation jensen alpha, which is currently at (0.27) to validate the company can sustain itself at a future point.
Aurora Innovation Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aurora, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AuroraAurora |
Aurora Innovation Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.51 | Buy | 6 | Odds |
Most Aurora analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Aurora stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Aurora Innovation, talking to its executives and customers, or listening to Aurora conference calls.
Aurora Innovation 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.
Aurora Innovation 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 Aurora Innovation volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aurora Innovation Trend Analysis
Use this graph to draw trend lines for Aurora Innovation. You can use it to identify possible trend reversals for Aurora Innovation 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 Aurora Innovation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aurora Innovation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aurora Innovation applied against its price change over selected period. The best fit line has a slop of 0.0037 , which may imply that the returns on investment in Aurora Innovation will continue to fail. It has 122 observation points and a regression sum of squares at 0.51, which is the sum of squared deviations for the predicted Aurora Innovation price change compared to its average price change.About Aurora Innovation 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 Aurora Innovation 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 Aurora Innovation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aurora Innovation price pattern first instead of the macroeconomic environment surrounding Aurora Innovation. By analyzing Aurora Innovation'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 Aurora Innovation'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 Aurora Innovation specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Graham Number | 4.49 | 3.58 | Receivables Turnover | 1.72 | 1.53 |
Aurora Innovation April 23, 2024 Technical Indicators
Most technical analysis of Aurora 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 Aurora from various momentum indicators to cycle indicators. When you analyze Aurora 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) | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 3.32 | |||
| Coefficient Of Variation | (5,575) | |||
| Standard Deviation | 4.11 | |||
| Variance | 16.86 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 16.49 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 6.42 | |||
| Skewness | 0.0355 | |||
| Kurtosis | (0.68) |
Aurora Innovation April 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Aurora stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 169,788 | ||
| Daily Balance Of Power | 0.63 | ||
| Rate Of Daily Change | 1.04 | ||
| Day Median Price | 2.82 | ||
| Day Typical Price | 2.83 | ||
| Price Action Indicator | 0.08 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Aurora Stock analysis
When running Aurora Innovation's price analysis, check to measure Aurora Innovation'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 Aurora Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Aurora Innovation's 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 Innovation. 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 Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.91) | Return On Assets (0.25) | Return On Equity (0.42) |
The market value of Aurora Innovation 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 Innovation's value that differs from its market value or its book value, called intrinsic value, which is Aurora Innovation's 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 Innovation's market value can be influenced by many factors that don't directly affect Aurora Innovation's 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 Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Innovation's 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.