Aurora Cannabis Stock Price on November 13, 2024

ACB Stock  CAD 6.11  0.31  4.83%   
Below is the normalized historical share price chart for Aurora Cannabis extending back to November 05, 2007. 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 6.11, as last reported on the 19th of December, with the highest price reaching 6.48 and the lowest price hitting 6.08 during the day.
200 Day MA
7.5006
50 Day MA
7.692
Beta
2.697
 
Housing Crash
 
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Yuan Drop
 
Covid
If you're considering investing in Aurora Stock, it is important to understand the factors that can impact its price. Aurora Cannabis secures Sharpe Ratio (or Efficiency) of -0.0822, which signifies that the company had a -0.0822% return per unit of risk over the last 3 months. Aurora Cannabis exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aurora Cannabis' Risk Adjusted Performance of (0.07), mean deviation of 2.5, and Standard Deviation of 3.67 to double-check the risk estimate we provide.
  
At this time, Aurora Cannabis' Total Stockholder Equity is very stable compared to the past year. As of the 19th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 978.8 M, while Common Stock Shares Outstanding is likely to drop about 24.8 M. . As of the 19th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.05, while Price To Sales Ratio is likely to drop 0.97. Aurora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0822

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Estimated Market Risk

 3.71
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Aurora Cannabis is not performing at its full potential. However, 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 Aurora Cannabis to a well-diversified portfolio.
Price Book
0.6173
Enterprise Value Ebitda
93.1465
Price Sales
1.129
Shares Float
54.4 B
Wall Street Target Price
9.25

Aurora Cannabis Valuation on November 13, 2024

It is possible to determine the worth of Aurora Cannabis on a given historical date. On November 13, 2024 Aurora was worth 6.6 at the beginning of the trading date compared to the closed value of 6.36. 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
  6.59    6.98    6.45    6.59    828,159  
11/13/2024
  6.60    6.65    6.15    6.36    821,957  
  6.25    6.34    6.10    6.10    425,080  
Backtest Aurora Cannabis  |  Aurora Cannabis History  |  Aurora Cannabis Valuation   PreviousNext  
Open Value
6.6
6.36
Closing Value
17.74
Upside

Aurora Cannabis Trading Date Momentum on November 13, 2024

On November 14 2024 Aurora Cannabis was traded for  6.10  at the closing time. The maximum traded price for the trading interval was 6.34  and the lowest daily price was  6.10 . The daily volume was recorded at 425.1 K. The volume of trading on 14th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.09% . The overall trading delta to the closing price today is 3.62% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding43.2 M24.8 M
Net Loss-179.1 M-188.1 M

Aurora Cannabis Quarterly Net Working Capital

308.58 Million

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.
A focus of Aurora Cannabis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aurora Cannabis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Aurora Cannabis Period Price Range

Low
December 19, 2024
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High

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Aurora Cannabis cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Aurora Cannabis December 19, 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

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.
When determining whether Aurora Cannabis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurora Cannabis' 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 Aurora Cannabis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurora Cannabis Stock:
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Cannabis guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.