Bullish Case: AA’s acquisition of Alumina signals strategic growth, while its aerospace market segment and green initiatives suggest a positive trajectory amidst a favorable risk imbalance.


Bearish Case: Legal challenges and potential pension plan mismanagement loom over Alcoa, adding risks of financial penalties and trust erosion amid flat recent price action.


Potential Outcomes:

1. Successful Alumina integration, revenue boost (45%).

2. Legal issues cause financial harm (35%).

3. Aerospace sector growth aids performance (40%).


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April 02, 2024


Alcoa Forecast

AA        Alcoa
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

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LLAP Forecast + Options Trading Strategies   [LLAP]  Terran Orbital Corp (0.85)


XLU Forecast + Options Trading Strategies   [XLU]  Utilities Select Sector SPDR (0.84)


D Forecast + Options Trading Strategies   [D]  Dominion Energy (0.84)


HOLX Forecast + Options Trading Strategies   [HOLX]  Hologic (0.83)


UGI Forecast + Options Trading Strategies   [UGI]  UGI (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to AA



BITF Forecast + Options Trading Strategies   [BITF]  Bitfarms (-0.0)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (-0.0)


KSS Forecast + Options Trading Strategies   [KSS]  Kohl's (-0.0)


DHI Forecast + Options Trading Strategies   [DHI]  D.R. Horton (-0.0)


XLI Forecast + Options Trading Strategies   [XLI]  Industrial Select Sector SPDR (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AA



TIGR Forecast + Options Trading Strategies   [TIGR]  UP Fintech (-0.71)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.74)


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.74)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.74)


CQP Forecast + Options Trading Strategies   [CQP]  Cheniere Energy (-0.77)





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