ACB Forecast


Bullish Case: AI price forecast of +3.13% indicates potential short-term gains. Expanding medical cannabis market and recent earnings growth bolster bullish sentiment.


Bearish Case: Historical underperformance and high volatility suggest continued investor skepticism. High probability of financial stagnation or decline persists.


Potential Outcomes:

1. Earnings growth drives stock price up (35%).

2. Financial stagnation or decline causes further drop (65%). Projections based on historical data and market trends.


Trading Oracle: Bearish short to mid-term outlook. Trade bearish credit spreads targeting Jul 26 expiry near $6.00 strikes. Leverage high IV and anticipated vol crush. High POP, controlled risk.


July 07, 2024


Aurora Cannabis Forecast

ACB      Aurora Cannabis











Correlated Assets

Assets that tend to move strongly with ACB



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.82)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.73)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.68)



Uncorrelated Assets

Assets with little price relationship to ACB



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.68)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.73)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.82)



Anticorrelated Assets

Assets that tend to move strongly against ACB



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.82)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.73)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.68)





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