Aware Stock Forecast - Polynomial Regression

AWRE Stock  USD 1.50  0.05  3.23%   
The Polynomial Regression forecasted value of Aware Inc on the next trading day is expected to be 1.63 with a mean absolute deviation of 0.10 and the sum of the absolute errors of 6.37. Aware Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Aware stock prices and determine the direction of Aware Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Aware's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Receivables Turnover is expected to grow to 5.74, whereas Inventory Turnover is projected to grow to (1.99). . The current year's Common Stock Shares Outstanding is expected to grow to about 23.5 M, whereas Net Loss is projected to grow to (1.5 M).
Aware polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for Aware Inc as well as the accuracy indicators are determined from the period prices.

Aware Polynomial Regression Price Forecast For the 12th of December 2024

Given 90 days horizon, the Polynomial Regression forecasted value of Aware Inc on the next trading day is expected to be 1.63 with a mean absolute deviation of 0.10, mean absolute percentage error of 0.02, and the sum of the absolute errors of 6.37.
Please note that although there have been many attempts to predict Aware Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Aware's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Aware Stock Forecast Pattern

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Aware Forecasted Value

In the context of forecasting Aware's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Aware's downside and upside margins for the forecasting period are 0.01 and 5.96, respectively. We have considered Aware's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
1.50
1.63
Expected Value
5.96
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Aware stock data series using in forecasting. Note that when a statistical model is used to represent Aware stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria115.8147
BiasArithmetic mean of the errors None
MADMean absolute deviation0.1027
MAPEMean absolute percentage error0.0589
SAESum of the absolute errors6.3694
A single variable polynomial regression model attempts to put a curve through the Aware historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm

Predictive Modules for Aware

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Aware Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.071.425.72
Details
Intrinsic
Valuation
LowRealHigh
0.091.816.12
Details
1 Analysts
Consensus
LowTargetHigh
2.733.003.33
Details

Other Forecasting Options for Aware

For every potential investor in Aware, whether a beginner or expert, Aware's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Aware Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Aware. Basic forecasting techniques help filter out the noise by identifying Aware's price trends.

Aware Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Aware stock to make a market-neutral strategy. Peer analysis of Aware could also be used in its relative valuation, which is a method of valuing Aware by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Aware Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Aware's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Aware's current price.

Aware Market Strength Events

Market strength indicators help investors to evaluate how Aware stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aware shares will generate the highest return on investment. By undertsting and applying Aware stock market strength indicators, traders can identify Aware Inc entry and exit signals to maximize returns.

Aware Risk Indicators

The analysis of Aware's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Aware's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting aware stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Aware Inc is a strong investment it is important to analyze Aware's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aware's future performance. For an informed investment choice regarding Aware Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Aware to cross-verify your projections.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aware. If investors know Aware will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aware listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
(0.35)
Revenue Per Share
0.804
Quarterly Revenue Growth
(0.40)
Return On Assets
(0.08)
The market value of Aware Inc is measured differently than its book value, which is the value of Aware that is recorded on the company's balance sheet. Investors also form their own opinion of Aware's value that differs from its market value or its book value, called intrinsic value, which is Aware's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aware's market value can be influenced by many factors that don't directly affect Aware's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aware's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aware is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aware's 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.