Aurion Resources Stock Market Value
| AU Stock | CAD 0.71 0.03 4.41% |
| Symbol | Aurion |
Aurion Resources Price To Book Ratio
Aurion Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Aurion Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Aurion Resources.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Aurion Resources on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Aurion Resources or generate 0.0% return on investment in Aurion Resources over 90 days. Aurion Resources is related to or competes with Galway Metals, Minaurum Gold, BonTerra Resources, and Aurania Resources. Aurion Resources Ltd., an exploration company, acquires and explores mineral properties More
Aurion Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aurion Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Aurion Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.0886 | |||
| Maximum Drawdown | 16.01 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 6.85 |
Aurion Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurion Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurion Resources' standard deviation. In reality, there are many statistical measures that can use Aurion Resources historical prices to predict the future Aurion Resources' volatility.| Risk Adjusted Performance | 0.0608 | |||
| Jensen Alpha | 0.2337 | |||
| Total Risk Alpha | 0.6625 | |||
| Sortino Ratio | 0.0944 | |||
| Treynor Ratio | 0.9945 |
Aurion Resources Backtested Returns
Aurion Resources appears to be extremely dangerous, given 3 months investment horizon. Aurion Resources secures Sharpe Ratio (or Efficiency) of 0.0705, which signifies that the company had a 0.0705 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Aurion Resources, which you can use to evaluate the volatility of the firm. Please makes use of Aurion Resources' Risk Adjusted Performance of 0.0608, downside deviation of 3.39, and Mean Deviation of 2.69 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aurion Resources holds a performance score of 5. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aurion Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aurion Resources is expected to be smaller as well. Please check Aurion Resources' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Aurion Resources' price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Aurion Resources has below average predictability. Overlapping area represents the amount of predictability between Aurion Resources time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aurion Resources price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Aurion Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aurion Resources lagged returns against current returns
Autocorrelation, which is Aurion Resources stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Aurion Resources' stock expected returns. We can calculate the autocorrelation of Aurion Resources returns to help us make a trade decision. For example, suppose you find that Aurion Resources has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Aurion Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aurion Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurion Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aurion Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Aurion Resources Lagged Returns
When evaluating Aurion Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurion Resources stock have on its future price. Aurion Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Aurion Resources autocorrelation shows the relationship between Aurion Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Aurion Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aurion Stock Analysis
When running Aurion Resources' price analysis, check to measure Aurion Resources' 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 Aurion Resources is operating at the current time. Most of Aurion Resources' value examination focuses on studying past and present price action to predict the probability of Aurion Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurion Resources' price. Additionally, you may evaluate how the addition of Aurion Resources to your portfolios can decrease your overall portfolio volatility.