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AI ACCD Forecast

Bullish Case: If Accolade successfully capitalizes on emerging healthcare trends and institutional investors increase their confidence, ACCD could significantly rise as investor sentiment improves.

Bearish Case: Continued macroeconomic pressures and potential insider selling may exacerbate downward momentum, with ACCD facing further declines due to negative market sentiment.

Potential Outcomes:

1. 50%: Institutional adoption drives price recovery towards $7.

2. 30%: Stagnation around $4.70 due to flat market conditions.

3. 20%: Further decline to $3.50 on worsening sentiment.

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September 05, 2024

Accolade Forecast

ACCD Accolade

Price Forecast
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Correlated Assets

Assets that tend to move strongly with ACCD

XRAY DENTSPLY Sirona (0.94)

ABCL AbCellera Biologics (0.93)

ALGT Allegiant Travel (0.9)

U Unity Software (0.9)

HELE Helen of Troy (0.88)

Uncorrelated Assets

Assets with little price relationship to ACCD

BAM Brookfield Asset (0.0)

BITF Bitfarms (0.0)

VNO Vornado Realty (-0.0)

URA Global X Uranium (0.0)

VOYA Voya Financial (0.01)

Anticorrelated Assets

Assets that tend to move strongly against ACCD

CNX CNX Resources (-0.75)

ACGL Arch (-0.76)

SHEL Shell Plc - ADR (Representing) (-0.77)

KRP Kimbell Royalty Partners (-0.77)

LNTH Lantheus (-0.78)

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