A10 Network Stock Forecast - Polynomial Regression

ATEN Stock  USD 12.80  0.20  1.54%   
The Polynomial Regression forecasted value of A10 Network on the next trading day is expected to be 12.37 with a mean absolute deviation of  0.22  and the sum of the absolute errors of 13.52. A10 Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast A10 Network stock prices and determine the direction of A10 Network's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of A10 Network's historical fundamentals, such as revenue growth or operating cash flow patterns. Although A10 Network's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of A10 Network's systematic risk associated with finding meaningful patterns of A10 Network fundamentals over time.
Check out Historical Fundamental Analysis of A10 Network to cross-verify your projections.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.
  
At this time, A10 Network's Receivables Turnover is very stable compared to the past year. As of the 18th of April 2024, Asset Turnover is likely to grow to 1.08, while Inventory Turnover is likely to drop 1.99. . As of the 18th of April 2024, Net Income Applicable To Common Shares is likely to grow to about 56.6 M, while Common Stock Shares Outstanding is likely to drop about 67.9 M.

Open Interest Against 2024-04-19 A10 Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast A10 Network's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in A10 Network's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for A10 Network stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current A10 Network's open interest, investors have to compare it to A10 Network's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of A10 Network is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in A10. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in A10 Network cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the A10 Network's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets A10 Network's price structures and extracts relationships that further increase the generated results' accuracy.
A10 Network polinomial regression implements a single variable polynomial regression model using the daily prices as the independent variable. The coefficients of the regression for A10 Network as well as the accuracy indicators are determined from the period prices.

A10 Network Polynomial Regression Price Forecast For the 19th of April

Given 90 days horizon, the Polynomial Regression forecasted value of A10 Network on the next trading day is expected to be 12.37 with a mean absolute deviation of 0.22, mean absolute percentage error of 0.10, and the sum of the absolute errors of 13.52.
Please note that although there have been many attempts to predict A10 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 A10 Network's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

A10 Network Stock Forecast Pattern

Backtest A10 NetworkA10 Network Price PredictionBuy or Sell Advice 

A10 Network Forecasted Value

In the context of forecasting A10 Network'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. A10 Network's downside and upside margins for the forecasting period are 10.33 and 14.41, respectively. We have considered A10 Network'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
12.80
12.37
Expected Value
14.41
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 A10 Network stock data series using in forecasting. Note that when a statistical model is used to represent A10 Network 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 Criteria115.8325
BiasArithmetic mean of the errors None
MADMean absolute deviation0.2216
MAPEMean absolute percentage error0.0162
SAESum of the absolute errors13.5199
A single variable polynomial regression model attempts to put a curve through the A10 Network 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 A10 Network

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as A10 Network. 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 A10 Network'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
10.7612.8014.84
Details
Intrinsic
Valuation
LowRealHigh
11.2213.2615.30
Details
Bollinger
Band Projection (param)
LowMiddleHigh
12.8313.4114.00
Details
4 Analysts
Consensus
LowTargetHigh
13.2014.5016.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as A10 Network. Your research has to be compared to or analyzed against A10 Network's peers to derive any actionable benefits. When done correctly, A10 Network's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in A10 Network.

Other Forecasting Options for A10 Network

For every potential investor in A10, whether a beginner or expert, A10 Network's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. A10 Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in A10. Basic forecasting techniques help filter out the noise by identifying A10 Network's price trends.

A10 Network 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 A10 Network stock to make a market-neutral strategy. Peer analysis of A10 Network could also be used in its relative valuation, which is a method of valuing A10 Network by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

A10 Network 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 A10 Network'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 A10 Network's current price.

A10 Network Market Strength Events

Market strength indicators help investors to evaluate how A10 Network stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading A10 Network shares will generate the highest return on investment. By undertsting and applying A10 Network stock market strength indicators, traders can identify A10 Network entry and exit signals to maximize returns.

A10 Network Risk Indicators

The analysis of A10 Network'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 A10 Network's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting a10 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.

Pair Trading with A10 Network

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if A10 Network position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in A10 Network will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to A10 Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace A10 Network when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back A10 Network - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling A10 Network to buy it.
The correlation of A10 Network is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as A10 Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if A10 Network moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for A10 Network can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether A10 Network offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of A10 Network's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of A10 Network Stock. Outlined below are crucial reports that will aid in making a well-informed decision on A10 Network Stock:
Check out Historical Fundamental Analysis of A10 Network to cross-verify your projections.
To learn how to invest in A10 Stock, please use our How to Invest in A10 Network guide.
Note that the A10 Network information on this page should be used as a complementary analysis to other A10 Network's 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for A10 Stock analysis

When running A10 Network's price analysis, check to measure A10 Network'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 A10 Network is operating at the current time. Most of A10 Network's value examination focuses on studying past and present price action to predict the probability of A10 Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move A10 Network's price. Additionally, you may evaluate how the addition of A10 Network to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Bonds Directory
Find actively traded corporate debentures issued by US companies
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
CEOs Directory
Screen CEOs from public companies around the world
Is A10 Network's industry 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 A10 Network. If investors know A10 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 A10 Network 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
0.032
Dividend Share
0.24
Earnings Share
0.53
Revenue Per Share
3.392
Quarterly Revenue Growth
(0.09)
The market value of A10 Network is measured differently than its book value, which is the value of A10 that is recorded on the company's balance sheet. Investors also form their own opinion of A10 Network's value that differs from its market value or its book value, called intrinsic value, which is A10 Network'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 A10 Network's market value can be influenced by many factors that don't directly affect A10 Network'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 A10 Network's value and its price as these two are different measures arrived at by different means. Investors typically determine if A10 Network is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, A10 Network'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.