Aura Biosciences Stock Forecast - Price Action Indicator

AURA Stock  USD 8.66  0.25  2.81%   
Aura Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aura Biosciences stock prices and determine the direction of Aura Biosciences's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aura Biosciences' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of December 12, 2024, Payables Turnover is expected to decline to 0.49. As of December 12, 2024, Common Stock Shares Outstanding is expected to decline to about 34.6 M. In addition to that, Net Loss is expected to decline to about (55.5 M).
Aura Biosciences has current Price Action Indicator of (0.29). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Aura Biosciences Trading Date Momentum

On December 11 2024 Aura Biosciences was traded for  8.66  at the closing time. The top price for the day was 9.14  and the lowest listed price was  8.50 . The trading volume for the day was 210.9 K. The trading history from December 11, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.62% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Aura Biosciences

For every potential investor in Aura, whether a beginner or expert, Aura Biosciences' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aura Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aura. Basic forecasting techniques help filter out the noise by identifying Aura Biosciences' price trends.

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 Risk & Return  Correlation

Aura Biosciences Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Aura Biosciences' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Aura Biosciences' current price.

Aura Biosciences Market Strength Events

Market strength indicators help investors to evaluate how Aura Biosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aura Biosciences shares will generate the highest return on investment. By undertsting and applying Aura Biosciences stock market strength indicators, traders can identify Aura Biosciences entry and exit signals to maximize returns.

Aura Biosciences Risk Indicators

The analysis of Aura Biosciences' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Aura Biosciences' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aura stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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.
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 Historical Fundamental Analysis of Aura Biosciences to cross-verify your projections.
For information on how to trade Aura Stock refer to our How to Trade Aura Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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
(1.73)
Return On Assets
(0.30)
Return On Equity
(0.51)
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.