Aurora Innovation Stock Price on August 8, 2024

AUROW Stock  USD 1.33  0.08  5.67%   
If you're considering investing in Aurora Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aurora Innovation stands at 1.33, as last reported on the 16th of December 2024, with the highest price reaching 1.47 and the lowest price hitting 1.27 during the day. Aurora Innovation is out of control given 3 months investment horizon. Aurora Innovation secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.44% are justified by taking the suggested risk. Use Aurora Innovation Risk Adjusted Performance of 0.1392, downside deviation of 8.98, and Mean Deviation of 9.0 to evaluate company specific risk that cannot be diversified away.
  
Issuance Of Capital Stock is likely to climb to about 877.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.7 B in 2024. . At this time, Aurora Innovation's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.10 in 2024, whereas Price Earnings Ratio is likely to drop (7.65) in 2024. Aurora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1772

Best PortfolioBest Equity
Good Returns
Average ReturnsAUROW
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 13.75
  actual daily
96
96% of assets are less volatile

Expected Return

 2.44
  actual daily
48
52% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Aurora Innovation is performing at about 13% of its full potential. 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 Innovation by adding it to a well-diversified portfolio.
Book Value
1.178
Shares Float
961.9 M
Shares Short Prior Month
5.7 K
Earnings Share
(2.27)
Shares Short
8.7 K

Aurora Innovation Main Headline on 8th of August 2024

Filed transaction by Aurora Innovation Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Aurora Innovation Valuation on August 8, 2024

It is possible to determine the worth of Aurora Innovation on a given historical date. On August 8, 2024 Aurora was worth 0.28 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aurora Innovation stock. Still, in general, we apply an absolute valuation method to find Aurora Innovation's 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 Innovation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aurora Innovation's related companies.
 Open High Low Close Volume
  0.29    0.36    0.28    0.28    47,920  
08/08/2024
  0.28    0.33    0.28    0.28    31,750  
  0.31    0.32    0.28    0.28    3,657  
Backtest Aurora Innovation  |  Aurora Innovation History  |  Aurora Innovation Valuation   PreviousNext  
Open Value
0.28
0.28
Closing Value
41.52
Upside

Aurora Innovation Trading Date Momentum on August 8, 2024

On August 09 2024 Aurora Innovation was traded for  0.28  at the closing time. The highest daily price throughout the period was 0.32  and the lowest price was  0.28 . The daily volume was 3.7 K. The net trading volume on 08/09/2024 did not affect price variability. The overall trading delta to current closing price is 3.57% .

Aurora Innovation Fundamentals Correlations and Trends

By evaluating Aurora Innovation's 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 Innovation's 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 Innovation Stock history

Aurora Innovation 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 Innovation 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 Innovation stock prices may prove useful in developing a viable investing in Aurora Innovation
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B1.3 B

Aurora Innovation Stock Technical Analysis

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.
A focus of Aurora Innovation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aurora Innovation 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 Innovation Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Aurora Innovation cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Innovation December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Aurora Innovation 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 Innovation shares will generate the highest return on investment. By undertsting and applying Aurora Innovation stock market strength indicators, traders can identify Aurora Innovation entry and exit signals to maximize returns

Aurora Innovation Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Aurora Innovation's 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.

Additional 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.