Aura Minerals Stock Statistic Functions Beta

ORA Stock  CAD 18.22  0.37  2.07%   
Aura Minerals statistic functions tool provides the execution environment for running the Beta function and other technical functions against Aura Minerals. Aura Minerals value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Aura Minerals statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Aura Minerals correlated with the market. If Beta is less than 0 Aura Minerals generally moves in the opposite direction as compared to the market. If Aura Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aura Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aura Minerals is generally in the same direction as the market. If Beta > 1 Aura Minerals moves generally in the same direction as, but more than the movement of the benchmark.

Aura Minerals Technical Analysis Modules

Most technical analysis of Aura Minerals help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Aura from various momentum indicators to cycle indicators. When you analyze Aura charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Aura Minerals Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Aura Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aura Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Aura Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aura Minerals's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Aura Minerals's intrinsic value. In addition to deriving basic predictive indicators for Aura Minerals, we also check how macroeconomic factors affect Aura Minerals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.140.04540.05530.0496
Price To Sales Ratio1.331.091.221.16
Hype
Prediction
LowEstimatedHigh
15.7318.1320.53
Details
Intrinsic
Valuation
LowRealHigh
14.9217.3219.72
Details
Naive
Forecast
LowNextHigh
16.5518.9521.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.210.420.64
Details

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Other Information on Investing in Aura Stock

Aura Minerals financial ratios help investors to determine whether Aura Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aura with respect to the benefits of owning Aura Minerals security.