Airsculpt Technologies Stock Forecast - Naive Prediction

AIRS Stock  USD 5.35  0.14  2.55%   
The Naive Prediction forecasted value of Airsculpt Technologies on the next trading day is expected to be 5.23 with a mean absolute deviation of 0.36 and the sum of the absolute errors of 21.71. Airsculpt Stock Forecast is based on your current time horizon.
  
Payables Turnover is likely to drop to 12.90 in 2024. Receivables Turnover is likely to drop to 64.22 in 2024. Common Stock Shares Outstanding is likely to gain to about 61.5 M in 2024, despite the fact that Net Loss is likely to grow to (12.6 M).
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Airsculpt Technologies' financial statements to predict how it will affect future prices.
 
Cash  
First Reported
2010-12-31
Previous Quarter
10.3 M
Current Value
13.4 M
Quarterly Volatility
5.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Airsculpt Technologies is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Airsculpt Technologies value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Airsculpt Technologies Naive Prediction Price Forecast For the 24th of December

Given 90 days horizon, the Naive Prediction forecasted value of Airsculpt Technologies on the next trading day is expected to be 5.23 with a mean absolute deviation of 0.36, mean absolute percentage error of 0.25, and the sum of the absolute errors of 21.71.
Please note that although there have been many attempts to predict Airsculpt 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 Airsculpt Technologies' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Airsculpt Technologies Stock Forecast Pattern

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Airsculpt Technologies Forecasted Value

In the context of forecasting Airsculpt Technologies' 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. Airsculpt Technologies' downside and upside margins for the forecasting period are 0.05 and 11.27, respectively. We have considered Airsculpt Technologies' 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
5.35
5.23
Expected Value
11.27
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Airsculpt Technologies stock data series using in forecasting. Note that when a statistical model is used to represent Airsculpt Technologies 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 Criteria116.7223
BiasArithmetic mean of the errors None
MADMean absolute deviation0.3559
MAPEMean absolute percentage error0.055
SAESum of the absolute errors21.7069
This model is not at all useful as a medium-long range forecasting tool of Airsculpt Technologies. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Airsculpt Technologies. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Airsculpt Technologies

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Airsculpt Technologies. 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
0.265.2611.32
Details
Intrinsic
Valuation
LowRealHigh
0.116.1712.23
Details
4 Analysts
Consensus
LowTargetHigh
8.339.1510.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.030.030.04
Details

Other Forecasting Options for Airsculpt Technologies

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

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 Risk & Return  Correlation

Airsculpt Technologies 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 Airsculpt Technologies' 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 Airsculpt Technologies' current price.

Airsculpt Technologies Market Strength Events

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

Airsculpt Technologies Risk Indicators

The analysis of Airsculpt Technologies' 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 Airsculpt Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting airsculpt 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.

Thematic Opportunities

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Additional Tools for Airsculpt Stock Analysis

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