Papa Johns Stock Forecast - Naive Prediction
| PZZA Stock | USD 50.01 0.09 0.18% |
The Naive Prediction forecasted value of Papa Johns International on the next trading day is expected to be 47.78 with a mean absolute deviation of 1.72 and the sum of the absolute errors of 106.54. Papa Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Papa Johns stock prices and determine the direction of Papa Johns International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Papa Johns' historical fundamentals, such as revenue growth or operating cash flow patterns.
Papa |
Papa Johns Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Papa Johns' financial statements to predict how it will affect future prices.
Cash | First Reported 1992-12-31 | Previous Quarter 24.3 M | Current Value 17.6 M | Quarterly Volatility 25.9 M |
Papa Johns Naive Prediction Price Forecast For the 27th of November
Given 90 days horizon, the Naive Prediction forecasted value of Papa Johns International on the next trading day is expected to be 47.78 with a mean absolute deviation of 1.72, mean absolute percentage error of 3.82, and the sum of the absolute errors of 106.54.Please note that although there have been many attempts to predict Papa 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 Papa Johns' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Papa Johns Stock Forecast Pattern
| Backtest Papa Johns | Papa Johns Price Prediction | Buy or Sell Advice |
Papa Johns Forecasted Value
In the context of forecasting Papa Johns' 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. Papa Johns' downside and upside margins for the forecasting period are 45.28 and 50.27, respectively. We have considered Papa Johns' 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.
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 Papa Johns stock data series using in forecasting. Note that when a statistical model is used to represent Papa Johns 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.| AIC | Akaike Information Criteria | 121.2896 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.7185 |
| MAPE | Mean absolute percentage error | 0.0338 |
| SAE | Sum of the absolute errors | 106.545 |
Predictive Modules for Papa Johns
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Papa Johns International. 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.Other Forecasting Options for Papa Johns
For every potential investor in Papa, whether a beginner or expert, Papa Johns' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Papa Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Papa. Basic forecasting techniques help filter out the noise by identifying Papa Johns' price trends.Papa Johns 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 Papa Johns stock to make a market-neutral strategy. Peer analysis of Papa Johns could also be used in its relative valuation, which is a method of valuing Papa Johns by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Papa Johns International 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 Papa Johns' 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 Papa Johns' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Papa Johns Market Strength Events
Market strength indicators help investors to evaluate how Papa Johns stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Papa Johns shares will generate the highest return on investment. By undertsting and applying Papa Johns stock market strength indicators, traders can identify Papa Johns International entry and exit signals to maximize returns.
| Accumulation Distribution | 43550.35 | |||
| Daily Balance Of Power | 0.0523 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 49.57 | |||
| Day Typical Price | 49.72 | |||
| Price Action Indicator | 0.48 | |||
| Period Momentum Indicator | 0.09 |
Papa Johns Risk Indicators
The analysis of Papa Johns' 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 Papa Johns' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting papa 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.
| Mean Deviation | 2.07 | |||
| Semi Deviation | 2.39 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.49 | |||
| Downside Variance | 6.13 | |||
| Semi Variance | 5.73 | |||
| Expected Short fall | (2.21) |
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.When determining whether Papa Johns International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Papa Johns' 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 Papa Johns International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Papa Johns International Stock:Check out Historical Fundamental Analysis of Papa Johns to cross-verify your projections. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Hotels, Restaurants & Leisure space 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 Papa Johns. If investors know Papa 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 Papa Johns 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 1.646 | Dividend Share 1.84 | Earnings Share 2.89 | Revenue Per Share 64.283 | Quarterly Revenue Growth (0.03) |
The market value of Papa Johns International is measured differently than its book value, which is the value of Papa that is recorded on the company's balance sheet. Investors also form their own opinion of Papa Johns' value that differs from its market value or its book value, called intrinsic value, which is Papa Johns' 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 Papa Johns' market value can be influenced by many factors that don't directly affect Papa Johns' 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 Papa Johns' value and its price as these two are different measures arrived at by different means. Investors typically determine if Papa Johns is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Papa Johns' 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.