ACCESS Newswire Stock Forward View - Polynomial Regression

ACCS Stock  USD 8.70  0.06  0.69%   
ACCESS Stock outlook is based on your current time horizon.
At this time, the relative strength index (RSI) of ACCESS Newswire's share price is approaching 45. This suggests that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ACCESS Newswire, making its price go up or down.

Momentum 45

 Impartial

 
Oversold
 
Overbought
The successful prediction of ACCESS Newswire's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ACCESS Newswire and does not consider all of the tangible or intangible factors available from ACCESS Newswire's fundamental data. We analyze noise-free headlines and recent hype associated with ACCESS Newswire, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ACCESS Newswire's stock price prediction:
EPS Estimate Current Year
0.535
EPS Estimate Next Year
0.91
Wall Street Target Price
13.5
EPS Estimate Current Quarter
0.23
Quarterly Revenue Growth
(0.18)
Using ACCESS Newswire hype-based prediction, you can estimate the value of ACCESS Newswire from the perspective of ACCESS Newswire response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of ACCESS Newswire on the next trading day is expected to be 8.49 with a mean absolute deviation of 0.32 and the sum of the absolute errors of 19.47.

ACCESS Newswire after-hype prediction price

    
  USD 8.63  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of ACCESS Newswire to cross-verify your projections.
For more information on how to buy ACCESS Stock please use our How to Invest in ACCESS Newswire guide.

ACCESS Newswire Additional Predictive Modules

Most predictive techniques to examine ACCESS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ACCESS using various technical indicators. When you analyze ACCESS 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.
ACCESS Newswire polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for ACCESS Newswire as well as the accuracy indicators are determined from the period prices.

ACCESS Newswire Polynomial Regression Price Forecast For the 3rd of February

Given 90 days horizon, the Polynomial Regression forecasted value of ACCESS Newswire on the next trading day is expected to be 8.49 with a mean absolute deviation of 0.32, mean absolute percentage error of 0.18, and the sum of the absolute errors of 19.47.
Please note that although there have been many attempts to predict ACCESS Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that ACCESS Newswire's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

ACCESS Newswire Stock Forecast Pattern

Backtest ACCESS Newswire  ACCESS Newswire Price Prediction  Research Analysis  

ACCESS Newswire Forecasted Value

In the context of forecasting ACCESS Newswire'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. ACCESS Newswire's downside and upside margins for the forecasting period are 4.05 and 12.92, respectively. We have considered ACCESS Newswire'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
8.70
8.49
Expected Value
12.92
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 ACCESS Newswire stock data series using in forecasting. Note that when a statistical model is used to represent ACCESS Newswire 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 Criteria116.3833
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3192
MAPEMean absolute percentage error0.035
SAESum of the absolute errors19.4704
A single variable polynomial regression model attempts to put a curve through the ACCESS Newswire 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 ACCESS Newswire

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ACCESS Newswire. 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ACCESS Newswire's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.208.6313.06
Details
Intrinsic
Valuation
LowRealHigh
6.1010.5314.96
Details
Bollinger
Band Projection (param)
LowMiddleHigh
8.219.4410.68
Details
2 Analysts
Consensus
LowTargetHigh
12.2913.5014.99
Details

ACCESS Newswire After-Hype Price Density Analysis

As far as predicting the price of ACCESS Newswire at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ACCESS Newswire or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ACCESS Newswire, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ACCESS Newswire Estimiated After-Hype Price Volatility

In the context of predicting ACCESS Newswire's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ACCESS Newswire's historical news coverage. ACCESS Newswire's after-hype downside and upside margins for the prediction period are 4.20 and 13.06, respectively. We have considered ACCESS Newswire's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
8.70
8.63
After-hype Price
13.06
Upside
ACCESS Newswire is somewhat reliable at this time. Analysis and calculation of next after-hype price of ACCESS Newswire is based on 3 months time horizon.

ACCESS Newswire Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as ACCESS Newswire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ACCESS Newswire backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ACCESS Newswire, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.04 
4.44
  0.01 
 0.00  
12 Events / Month
5 Events / Month
In about 12 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
8.70
8.63
0.12 
2,467  
Notes

ACCESS Newswire Hype Timeline

ACCESS Newswire is presently traded for 8.70. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.0. ACCESS is forecasted to decline in value after the next headline, with the price expected to drop to 8.63. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.12%, whereas the daily expected return is presently at 0.04%. The volatility of related hype on ACCESS Newswire is about 9402.35%, with the expected price after the next announcement by competition of 8.70. About 18.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.08. Some equities with similar Price to Book (P/B) outperform the market in the long run. ACCESS Newswire recorded a loss per share of 3.13. The entity last dividend was issued on the 24th of July 2018. The firm had 1:10 split on the 31st of October 2011. Given the investment horizon of 90 days the next forecasted press release will be in about 12 days.
Check out Historical Fundamental Analysis of ACCESS Newswire to cross-verify your projections.
For more information on how to buy ACCESS Stock please use our How to Invest in ACCESS Newswire guide.

ACCESS Newswire Related Hype Analysis

Having access to credible news sources related to ACCESS Newswire's direct competition is more important than ever and may enhance your ability to predict ACCESS Newswire's future price movements. Getting to know how ACCESS Newswire's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ACCESS Newswire may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
TZUPThumzup Media(0.73)14 per month 0.00 (0.04) 11.03 (9.80) 29.93 
FLNTFluent Inc(0.06)8 per month 3.28  0.19  10.98 (5.51) 26.93 
SWAGSoftware Acquisition Group 0.01 8 per month 6.67  0.04  9.00 (12.12) 63.62 
ABLVAble View Global 0.07 7 per month 0.00 (0.03) 8.96 (10.81) 54.31 
INUVInuvo Inc 0.21 8 per month 0.00 (0.05) 8.30 (8.86) 56.41 
TOONKartoon Studios(0.01)7 per month 0.00 (0.05) 5.41 (4.35) 19.55 
SCORComscore 0.19 10 per month 2.77  0.06  6.86 (5.23) 21.93 
VSMEVS Media Holdings(0)8 per month 10.75  0.11  17.50 (20.00) 1,783 
UONEUrban One(0.1)13 per month 4.35  0.03  10.26 (8.11) 25.79 

Other Forecasting Options for ACCESS Newswire

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

ACCESS Newswire 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 ACCESS Newswire stock to make a market-neutral strategy. Peer analysis of ACCESS Newswire could also be used in its relative valuation, which is a method of valuing ACCESS Newswire by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ACCESS Newswire Market Strength Events

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

ACCESS Newswire Risk Indicators

The analysis of ACCESS Newswire'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 ACCESS Newswire's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting access 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.

Story Coverage note for ACCESS Newswire

The number of cover stories for ACCESS Newswire depends on current market conditions and ACCESS Newswire's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ACCESS Newswire is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ACCESS Newswire's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ACCESS Newswire Short Properties

ACCESS Newswire's future price predictability will typically decrease when ACCESS Newswire's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ACCESS Newswire often depends not only on the future outlook of the potential ACCESS Newswire's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ACCESS Newswire's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.8 M
Cash And Short Term Investments4.1 M

Additional Tools for ACCESS Stock Analysis

When running ACCESS Newswire's price analysis, check to measure ACCESS Newswire's 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 ACCESS Newswire is operating at the current time. Most of ACCESS Newswire's value examination focuses on studying past and present price action to predict the probability of ACCESS Newswire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACCESS Newswire's price. Additionally, you may evaluate how the addition of ACCESS Newswire to your portfolios can decrease your overall portfolio volatility.