Tupperware Brands Stock Forecast - Naive Prediction

TUP
 Stock
  

USD 4.66  0.07  1.53%   

Tupperware Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Tupperware Brands historical stock prices and determine the direction of Tupperware Brands's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Tupperware Brands historical fundamentals such as revenue growth or operating cash flow patterns. Although Tupperware Brands naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Tupperware Brands systematic risk associated with finding meaningful patterns of Tupperware Brands fundamentals over time.
Additionally, take a look at Historical Fundamental Analysis of Tupperware Brands to cross-verify your projections.
  
Tupperware Brands PPandE Turnover is very stable at the moment as compared to the past year. Tupperware Brands reported last year PPandE Turnover of 8.48. As of 3rd of December 2022, Inventory Turnover is likely to grow to 3.09, while Asset Turnover is likely to drop 1.30. . Tupperware Brands Weighted Average Shares is very stable at the moment as compared to the past year. Tupperware Brands reported last year Weighted Average Shares of 50.5 Million. As of 3rd of December 2022, Weighted Average Shares Diluted is likely to grow to about 57.7 M, while Issuance Purchase of Equity Shares is likely to drop (486.9 M).
Most investors in Tupperware Brands 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 Tupperware Brands' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Tupperware Brands' price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Tupperware Brands is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Tupperware Brands 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.

Tupperware Brands Naive Prediction Price Forecast For the 4th of December

Given 90 days horizon, the Naive Prediction forecasted value of Tupperware Brands on the next trading day is expected to be 5.38 with a mean absolute deviation of 0.41, mean absolute percentage error of 0.34, and the sum of the absolute errors of 24.98.
Please note that although there have been many attempts to predict Tupperware 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 Tupperware Brands' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tupperware Brands Stock Forecast Pattern

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Tupperware Brands Forecasted Value

In the context of forecasting Tupperware Brands' 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. Tupperware Brands' downside and upside margins for the forecasting period are 0.0466 and 14.26, respectively. We have considered Tupperware Brands' 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 4.66
0.0466
Downside
5.38
Expected Value
14.26
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 Tupperware Brands stock data series using in forecasting. Note that when a statistical model is used to represent Tupperware Brands 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 Criteria117.024
BiasArithmetic mean of the errors None
MADMean absolute deviation0.4095
MAPEMean absolute percentage error0.0687
SAESum of the absolute errors24.9821
This model is not at all useful as a medium-long range forecasting tool of Tupperware Brands. 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 Tupperware Brands. 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 Tupperware Brands

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tupperware Brands. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Tupperware Brands' 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. Please use the tools below to analyze the current value of Tupperware Brands in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.244.8013.68
Details
Intrinsic
Valuation
LowReal ValueHigh
2.0710.9519.83
Details
2 Analysts
Consensus
LowTarget PriceHigh
30.0030.0030.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
3.503.503.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tupperware Brands. Your research has to be compared to or analyzed against Tupperware Brands' peers to derive any actionable benefits. When done correctly, Tupperware Brands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tupperware Brands.

Other Forecasting Options for Tupperware Brands

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

Tupperware Brands 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 Tupperware Brands stock to make a market-neutral strategy. Peer analysis of Tupperware Brands could also be used in its relative valuation, which is a method of valuing Tupperware Brands by comparing valuation metrics with similar companies.
BrunswickTopbuild CorpBeazer Homes USACentury CommunitiesClarus CorpCartersCrocs IncCulp IncDeckers OutdoorDR HortonAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEAN
 Risk & Return  Correlation

Tupperware Brands 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 Tupperware Brands' 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 Tupperware Brands' current price.

Tupperware Brands Market Strength Events

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

Tupperware Brands Risk Indicators

The analysis of Tupperware Brands' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Tupperware Brands' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Tupperware Brands stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tupperware Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Historical Fundamental Analysis of Tupperware Brands to cross-verify your projections. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Tupperware Brands' 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 Tupperware Brands. If investors know Tupperware 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 Tupperware Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tupperware Brands is measured differently than its book value, which is the value of Tupperware that is recorded on the company's balance sheet. Investors also form their own opinion of Tupperware Brands' value that differs from its market value or its book value, called intrinsic value, which is Tupperware Brands' 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 Tupperware Brands' market value can be influenced by many factors that don't directly affect Tupperware Brands' 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 Tupperware Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Tupperware Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tupperware Brands' 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.