Aware Inc Stock Market Value
| AWRE Stock | USD 1.60 0.03 1.84% |
| Symbol | Aware |
Aware Inc Price To Book Ratio
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.
Aware 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Aware's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Aware.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aware on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aware Inc or generate 0.0% return on investment in Aware over 30 days. Aware is related to or competes with CurrentC Power, Agent Information, and BASE. Aware, Inc. provides biometrics software products and solutions in the United States, Brazil, the United Kingdom, and in... More
Aware Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aware's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Aware Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 27.99 | |||
| Value At Risk | (5.52) | |||
| Potential Upside | 6.48 |
Aware Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aware's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aware's standard deviation. In reality, there are many statistical measures that can use Aware historical prices to predict the future Aware's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (1.08) | |||
| Treynor Ratio | (0.33) |
Aware Inc Backtested Returns
Aware Inc secures Sharpe Ratio (or Efficiency) of -0.0863, which signifies that the company had a -0.0863% return per unit of standard deviation over the last 3 months. Aware Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aware's mean deviation of 2.78, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.32, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aware will likely underperform. At this point, Aware Inc has a negative expected return of -0.37%. Please make sure to confirm Aware's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Aware Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Aware Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Aware time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aware Inc price movement. The serial correlation of -0.22 indicates that over 22.0% of current Aware price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Aware Inc lagged returns against current returns
Autocorrelation, which is Aware stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Aware's stock expected returns. We can calculate the autocorrelation of Aware returns to help us make a trade decision. For example, suppose you find that Aware has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Aware regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aware stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aware stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aware stock over time.
Current vs Lagged Prices |
| Timeline |
Aware Lagged Returns
When evaluating Aware's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aware stock have on its future price. Aware autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Aware autocorrelation shows the relationship between Aware stock current value and its past values and can show if there is a momentum factor associated with investing in Aware Inc.
Regressed Prices |
| Timeline |
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 Aware Correlation, Aware Volatility and Aware Alpha and Beta module to complement your research on Aware. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Aware 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.