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Bullish Case: Increasing supply, positive outlook on housing recovery, and favorable legal developments present potential upside for RDFN.


Bearish Case: Historic low prices, the recent flat term structure, and significant market volatility may keep RDFN bearish in the near term.


Potential Outcomes: Likelihood of: continued market return to average (40%), further decline due to external pressures (35%), significant recovery prompted by improved housing market conditions (25%).


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April 17, 2024


Redfin Forecast

RDFN        Redfin
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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TXG Forecast + Options Trading Strategies   TXG  10x Genomics (0.92)


AMBA Forecast + Options Trading Strategies   AMBA  Ambarella (0.91)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (0.91)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (0.91)


JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to RDFN



LAZ Forecast + Options Trading Strategies   LAZ  Lazard (0.0)


CNI Forecast + Options Trading Strategies   CNI  Canadian National Railway (0.0)


MRK Forecast + Options Trading Strategies   MRK  Merck (-0.0)


NTRS Forecast + Options Trading Strategies   NTRS  Northern (0.0)


RSP Forecast + Options Trading Strategies   RSP  Invesco S&P 500 Equal Weight (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RDFN



FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.75)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.76)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.76)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.77)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.79)





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