GPRO Forecast


Bullish Case: Positive coverage in extreme scenarios, product discounts, and sales events could transiently propel GoPro's appeal and share value.


Bearish Case: Persistently high competition, mean reverting trend, and historically poor performance suggest continued decline in stock value.


Potential Outcomes:

1. Short-term sales events boost stock (20%).

2. Competition erodes market position further (60%).

3. New feature appreciation by niche markets leads to minor rebound (20%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 11, 2024


GoPro Forecast

GPRO        GoPro
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with GPRO



AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (0.94)


BMBL Forecast + Options Trading Strategies   BMBL  Bumble (0.94)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (0.93)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (0.93)


LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to GPRO



ALIT Forecast + Options Trading Strategies   ALIT  Alight Inc. - (0.0)


WULF Forecast + Options Trading Strategies   WULF  TeraWulf (0.0)


CMCSA Forecast + Options Trading Strategies   CMCSA  Comcast (-0.0)


FNGR Forecast + Options Trading Strategies   FNGR  FingerMotion (0.0)


CAPR Forecast + Options Trading Strategies   CAPR  Capricor Therapeutics (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GPRO



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.9)


IMO Forecast + Options Trading Strategies   IMO  Imperial Oil (-0.9)


MTRX Forecast + Options Trading Strategies   MTRX  Matrix Service (-0.9)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.9)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.93)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GPRO


 Ask any question about GPRO!