Aurora Cannabis Stock Price on December 29, 2023
| ACB Stock | CAD 6.21 0.07 1.14% |
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 6.21, as last reported on the 29th of December, with the highest price reaching 6.34 and the lowest price hitting 6.06 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 secures Sharpe Ratio (or Efficiency) of -0.0856, which signifies that the company had a -0.0856% 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' Standard Deviation of 3.72, risk adjusted performance of (0.05), and Mean Deviation of 2.55 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 29th 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 29th 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.
200 Day MA 7.5006 | 50 Day MA 7.692 | Beta 2.697 |
Aurora |
Sharpe Ratio = -0.0856
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| Negative Returns | ACB |
Estimated Market Risk
| 3.76 actual daily | 33 67% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 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 0.6274 | Enterprise Value Ebitda 94.6013 | Price Sales 1.1475 | Shares Float 54.4 B | Wall Street Target Price 9.25 |
Aurora Cannabis Valuation on December 29, 2023
It is possible to determine the worth of Aurora Cannabis on a given historical date. On December 29, 2023 Aurora was worth 6.6 at the beginning of the trading date compared to the closed value of 6.5. 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 | |
| 6.60 | 6.80 | 6.50 | 6.50 | 209,302 | |
12/29/2023 | 6.60 | 6.70 | 6.30 | 6.50 | 92,648 |
| 6.40 | 6.60 | 6.30 | 6.30 | 71,491 |
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Aurora Cannabis Trading Date Momentum on December 29, 2023
| On January 02 2024 Aurora Cannabis was traded for 6.30 at the closing time. The maximum traded price for the trading interval was 6.60 and the lowest daily price was 6.30 . The daily volume was recorded at 71.5 K. The volume of trading on 2nd of January 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.08% . The overall trading delta to the closing price today is 0.00% . |
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 | 43.2 M | 24.8 M | |
| Net Loss | -179.1 M | -188.1 M |
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 | December 29, 2024
| High |
0.00 | 0.00 |
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 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
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 | (0.05) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.82) |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.