TPB Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: TPB is up 113.5% over five years; implied volatility is slightly above market, indicating potential upward momentum. AI forecast is +1.56%.




Bearish Case: High implied volatility surface suggests market uncertainty. Historical return graph shows mixed long-term performance, with significant past declines.




Potential Outcomes: 60% chance of continued growth due to strong market position. 25% potential decline from market corrections. 15% chance of volatility-induced price drop.




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December 24, 2024


Turning Point Brands Forecast

TPB        Turning Point Brands











Correlated Assets

Assets that tend to move strongly with TPB



CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (0.98)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (0.97)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.97)


TT Forecast + Options Trading Strategies   TT  Trane (0.96)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (0.96)



Uncorrelated Assets

Assets with little price relationship to TPB



ACN Forecast + Options Trading Strategies   ACN  Accenture (0.0)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.02)


PAYC Forecast + Options Trading Strategies   PAYC  Paycom Software (0.02)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (0.04)


S Forecast + Options Trading Strategies   S  Sprint (0.05)



Anticorrelated Assets

Assets that tend to move strongly against TPB



IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.91)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.93)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.93)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.94)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)









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