ACB Forecast


Bullish Case: ACB benefits from measured legislative progress, continued global legalization, and investor optimism. Effective restructuring and higher demand could spur a long-term recovery, against a backdrop of previous massive gains.


Bearish Case: Persistent liquidity issues, substantial debt, and intense competition within the cannabis space could continually degrade ACB’s fundamentals. Historical underperformance and high volatility amplify the bearish outlook.


Potential Outcomes: Smaller profit margin gains: 40%, Continued financial stagnation: 40%, Market expansion-induced growth: 20%. Historical underperformance and past predictions align majorly with bearish scenarios (70% prior).


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June 05, 2024


Aurora Cannabis Forecast

ACB      Aurora Cannabis











Correlated Stocks

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EBAY Forecast + Options Trading Strategies   EBAY  EBay (0.83)


JANX Forecast + Options Trading Strategies   JANX  Janux Therapeutics (0.83)


AEYE Forecast + Options Trading Strategies   AEYE  AudioEye (0.77)


TTD Forecast + Options Trading Strategies   TTD  Trade Desk (0.76)


SG Forecast + Options Trading Strategies   SG  Sweetgreen (0.76)



Uncorrelated Stocks

Assets with little price relationship to ACB



MELI Forecast + Options Trading Strategies   MELI  MercadoLibre (-0.0)


ALB Forecast + Options Trading Strategies   ALB  Albemarle (0.0)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (0.01)


QSR Forecast + Options Trading Strategies   QSR  Restaurant Brands International (0.01)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (0.01)



Anticorrelated Stocks

Assets that tend to move strongly against ACB



ROKU Forecast + Options Trading Strategies   ROKU  Roku (-0.69)


WMT Forecast + Options Trading Strategies   WMT  Walmart (-0.69)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.72)


SIRI Forecast + Options Trading Strategies   SIRI  Sirius XM (-0.74)


DAVA Forecast + Options Trading Strategies   DAVA  Endava plc (-0.74)





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