Aurora Profile

AURORA
  

USD 0.35  0.01  2.78%   

Market Performance
0 of 100
Odds Of Distress
Less than 38
Aurora is trading at 0.35 as of the 5th of December 2022, a -2.78 percent decrease since the beginning of the trading day. Aurora has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Cryptocurrency ratings for Aurora are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of September 2022 and ending today, the 5th of December 2022. Click here to learn more.
Aurora is peer-to-peer digital currency powered by the Blockchain technology. More on Aurora
Aurora is an online market maker for p-2-p internet money called Cryptocurrency. Aurora has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Aurora are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Aurora are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Aurora Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Aurora's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Aurora or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Aurora generated a negative expected return over the last 90 days
Aurora has high historical volatility and very poor performance
Aurora has some characteristics of a very speculative cryptocurrency
Aurora is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 7 exchanges in multiple currencies. Aurora is an EVM built on the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.The Aurora DAO approved the creation of the official project governance token, AURORA, with a total supply of 1 billion. The token was deployed on Ethereum as non-upgradable ERC-20 with fixed supply, and then bridged to NEAR and AURORA using the trustless Rainbow Bridge. Here are respective links to the token on NEAR and Aurora protocols.There were 1,000,000,000 Aurora tokens (AURORA) created at Genesis on October 7, 2021.
Coin TypeAurora
SymbolAURORA
RatingE-
Technology Adoption RatingE-
Market Performance RatingD+
NameAURORA
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2021-10-07
Full NameAurora (AURORA)
Asset Website Urlhttps://aurora.dev/
Platform Typeblockchain
Coin NameAurora
Total Coins Mined1,000 Million
Smart Contract AddressView
Aurora (AURORA) is traded on CRYPTO Exchanges. Aurora is peer-to-peer digital currency powered by the Blockchain technology.

Aurora's Exchanges and Markets

ZBG Coinbase BitMart DigiFinex ZB Kucoin CoinEx

Aurora Target Price Odds Analysis

What are Aurora's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Aurora jumping above the current price in 90 days from now is over 95.0%. The Aurora probability density function shows the probability of Aurora crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Aurora has a beta of 0.1177. This suggests as returns on the market go up, Aurora average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aurora will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Aurora is significantly underperforming NYSE Composite.
  Odds Below 0.35HorizonTargetOdds Above 0.35
4.98%90 days
 0.35 
95.00%
Based on a normal probability distribution, the odds of Aurora to move above the current price in 90 days from now is over 95.0 (This Aurora probability density function shows the probability of Aurora Crypto Coin to fall within a particular range of prices over 90 days) .

Aurora Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aurora market risk premium is the additional return an investor will receive from holding Aurora long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aurora. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Aurora's alpha and beta are two of the key measurements used to evaluate Aurora's performance over the market, the standard measures of volatility play an important role as well.

Aurora Technical Analysis

When it comes to investing in cryptocurrency, such as Aurora, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Aurora, which is currently traded at 0.35, shows everything you need to know about Aurora market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Aurora, to determine its price movements. However, the Aurora's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Aurora's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Aurora's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Aurora Square Root Of Price Series is a mathematical transformation function.
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Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Aurora without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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Volatility Analysis

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How to invest in Aurora

You need to understand the risk of getting into digital currencies such as AURORA before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Aurora in four ways:

Buy AURORA through an exchange

Get yourself a crypto wallet before embarking on your Aurora journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Aurora. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Aurora through an exchange

You don't have to buy a full token when starting out since AURORA is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Aurora through a broker

If you don't want to store your Aurora Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in AURORA through an exchange-traded fund (ETF)

You can also invest in AURORA through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Aurora in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Please continue to Trending Equities. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Other Tools for Aurora Crypto Coin

When running Aurora price analysis, check to measure Aurora's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Aurora is operating at the current time. Most of Aurora's value examination focuses on studying past and present price actions to predict the probability of Aurora's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Aurora's coin price. Additionally, you may evaluate how adding Aurora to your portfolios can decrease your overall portfolio volatility.
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