Aura Minerals Stock Technical Analysis

ORA Stock  CAD 10.77  0.12  1.10%   
As of the 20th of April, Aura Minerals shows the Risk Adjusted Performance of 0.1162, downside deviation of 1.69, and Mean Deviation of 1.3. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Aura Minerals, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Aura Minerals, which can be compared to its peers. Please confirm Aura Minerals maximum drawdown, as well as the relationship between the downside variance and skewness to decide if Aura Minerals is priced correctly, providing market reflects its regular price of 10.77 per share.

Aura Minerals Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aura, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Aura
  
Aura Minerals' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Aura Minerals 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 Aura Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aura Minerals 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...

Aura Minerals Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Aura Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Aura Minerals Trend Analysis

Use this graph to draw trend lines for Aura Minerals. You can use it to identify possible trend reversals for Aura Minerals as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Aura Minerals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Aura Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aura Minerals applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Aura Minerals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 83.05, which is the sum of squared deviations for the predicted Aura Minerals price change compared to its average price change.

About Aura Minerals Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Aura Minerals on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Aura Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aura Minerals price pattern first instead of the macroeconomic environment surrounding Aura Minerals. By analyzing Aura Minerals's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Aura Minerals's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Aura Minerals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.140.04780.05610.0503
Price To Sales Ratio1.341.081.21.14

Aura Minerals April 20, 2024 Technical Indicators

Most technical analysis of Aura 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Aura Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Aura Minerals information on this page should be used as a complementary analysis to other Aura Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Aura Stock analysis

When running Aura Minerals' price analysis, check to measure Aura Minerals' 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 Aura Minerals is operating at the current time. Most of Aura Minerals' value examination focuses on studying past and present price action to predict the probability of Aura Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aura Minerals' price. Additionally, you may evaluate how the addition of Aura Minerals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Aura Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aura Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aura Minerals' 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.