Tempur Sealy Stock Forecast - 8 Period Moving Average

TPX Stock  USD 55.81  0.22  0.39%   
The 8 Period Moving Average forecasted value of Tempur Sealy International on the next trading day is expected to be 55.19 with a mean absolute deviation of 1.62 and the sum of the absolute errors of 85.72. Tempur Stock Forecast is based on your current time horizon.
  
At this time, Tempur Sealy's Payables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 6.30 in 2024, whereas Inventory Turnover is likely to drop 5.59 in 2024. . Common Stock Shares Outstanding is likely to rise to about 227.9 M in 2024. Net Income Applicable To Common Shares is likely to rise to about 550.3 M in 2024.
An 8-period moving average forecast model for Tempur Sealy is based on an artificially constructed time series of Tempur Sealy daily prices in which the value for a trading day is replaced by the mean of that value and the values for 8 of preceding and succeeding time periods. This model is best suited for price series data that changes over time.

Tempur Sealy 8 Period Moving Average Price Forecast For the 29th of November

Given 90 days horizon, the 8 Period Moving Average forecasted value of Tempur Sealy International on the next trading day is expected to be 55.19 with a mean absolute deviation of 1.62, mean absolute percentage error of 4.52, and the sum of the absolute errors of 85.72.
Please note that although there have been many attempts to predict Tempur 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 Tempur Sealy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Tempur Sealy Stock Forecast Pattern

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Tempur Sealy Forecasted Value

In the context of forecasting Tempur Sealy'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. Tempur Sealy's downside and upside margins for the forecasting period are 53.28 and 57.09, respectively. We have considered Tempur Sealy'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
55.81
55.19
Expected Value
57.09
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Tempur Sealy stock data series using in forecasting. Note that when a statistical model is used to represent Tempur Sealy 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 Criteria104.9165
BiasArithmetic mean of the errors -0.4942
MADMean absolute deviation1.6175
MAPEMean absolute percentage error0.0306
SAESum of the absolute errors85.725
The eieght-period moving average method has an advantage over other forecasting models in that it does smooth out peaks and valleys in a set of daily observations. Tempur Sealy International 8-period moving average forecast can only be used reliably to predict one or two periods into the future.

Predictive Modules for Tempur Sealy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tempur Sealy Interna. 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
53.8455.7457.64
Details
Intrinsic
Valuation
LowRealHigh
50.7252.6261.39
Details
9 Analysts
Consensus
LowTargetHigh
46.4151.0056.61
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.620.630.64
Details

Other Forecasting Options for Tempur Sealy

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

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

Tempur Sealy Interna 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 Tempur Sealy'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 Tempur Sealy's current price.

Tempur Sealy Market Strength Events

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

Tempur Sealy Risk Indicators

The analysis of Tempur Sealy'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 Tempur Sealy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tempur 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.

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.

Additional Tools for Tempur Stock Analysis

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