AKAN Forecast


Bullish Case: The settlement with the former CEO clears litigation hurdles ([Yahoo]), allowing focus on EU market growth ([Helium]); potential tech and blockchain breakthroughs may also ignite investor interest and price surges ([Helium]).


Bearish Case: Persistent price drops ([Helium], [Helium]), ongoing financial instability ([Helium]), and minimal positive return likelihood based on historical data ([Helium]) suggest continued market skepticism and potential further declines.


Potential Outcomes:

1. Tech breakthrough success (30%): Stock rises +20% ([Helium]).

2. Market expansion success (40%): Stock rises +10% ([Helium]).

3. Tech integration failure (30%): Stock drops -15% ([Helium]).

4. US market entry success (25%): Stock rises +30% ([Helium]).

5. Market struggles continue (50%): Stock drops -20% ([Helium]).


Trading Oracle: Opt for a short-term bearish credit spread due to negative trends and historical data (, ), capturing premium decay with a high probability of profit. Hedge with long calls for potential upside from tech breakthroughs (). Implement within 3-month horizon ().


July 16, 2024


Akanda Forecast

AKAN      Akanda











Correlated Assets

Assets that tend to move strongly with AKAN



MED Forecast + Options Trading Strategies   MED  Medifast (0.95)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.94)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (0.93)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.93)


IGT Forecast + Options Trading Strategies   IGT  International Game Technology (0.92)



Uncorrelated Assets

Assets with little price relationship to AKAN



UAL Forecast + Options Trading Strategies   UAL  United Airlines (-0.0)


EOG Forecast + Options Trading Strategies   EOG  EOG Resources (-0.0)


BBIO Forecast + Options Trading Strategies   BBIO  BridgeBio Pharma (0.0)


LOVE Forecast + Options Trading Strategies   LOVE  Lovesac (0.01)


FTNT Forecast + Options Trading Strategies   FTNT  Fortinet (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against AKAN



CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.94)


VRT Forecast + Options Trading Strategies   VRT  Vertiv (-0.94)


MCK Forecast + Options Trading Strategies   MCK  Mckesson (-0.94)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (-0.95)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.95)





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