Turning Point Brands, Inc. (TPB) is a prominent consumer goods company that specializes in the development, marketing, and distribution of innovative products in the tobacco and alternative products sectors. Established in 2000, the company has strategically positioned itself to cater to evolving consumer preferences, particularly in the realm of reduced-risk products.
Turning Point Brands operates through several key segments, primarily focusing on smokeless tobacco, vapor products, and other nicotine-containing alternatives. Notable brands under its portfolio include ZYN, a market leader in the nicotine pouch category, and Stoker’s, which offers traditional smokeless tobacco products. The company’s approach emphasizes the importance of quality and consumer satisfaction, ensuring that its product offerings meet the diverse needs of its customer base.
The primary drivers of growth for Turning Point Brands include the increasing consumer shift towards alternative nicotine delivery systems, particularly amid rising awareness of health-related concerns associated with traditional tobacco products. The company’s proactive investment in research and development aims to innovate and enhance its product lines, facilitating its adaptation to the dynamic regulatory landscape that governs the tobacco industry. Additionally, Turning Point Brands is leveraging strategic acquisitions to expand its market presence and diversify its product offerings, thereby reinforcing its competitive advantage.
The overall growth potential of Turning Point Brands is further bolstered by its focus on compliance with evolving regulations, sustainability initiatives, and robust marketing strategies that resonate with contemporary consumers. As the market continues to evolve, Turning Point Brands is well-positioned to capitalize on trends in the tobacco and alternative products sectors. Learn more at Turning Point Brands, Inc..
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Backtesting a stock can provide investors with critical statistical data. These results give you an informed perspective on how a stock trades within your chosen buying and selling method of analysis. The definition of trade expectancy is defined as: trade expectancy = (probability of win * average win) – (probability of loss * average loss). If the calculation returns a positive number, a trader should make money over time.
The average percentage gained on positive, money making trades was 11.76%. While the average percent loss on money losing trades was 0.00%.
Trade expectancy includes both winners and losers. Trade expectancy is displayed as a percentage. This backtest displays the dollar value, percentage, annual trade expectancy, and annual percent. Annual expectancy is the trade expectancy percentage multiplied by the number of trades per year.
The Trade expectancy % for TPB over the past year is 11.76%. The number of trades generated per year was 4 giving an Annual Trade Expectancy of 47.05%
The average days in a trade is 51 and the average days between trades is 28.
With any method of analysis that uses past performance, it can be said that past performance is not indication of future performance. What is does provide is a probabilistic look at a stock’s price activity characteristics over time.
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