Bullish Case: Robust historical growth, insider buying, and new $2 billion facility suggest strong company fundamentals and potential upside.


Bearish Case: Recent insider selling, flat recent price action, and a high price-to-book ratio could signal overvaluation concerns.


Potential Outcomes: Bullish: increased demand in semiconductor industry (40%). Bearish: market overvaluation correction (30%). Sideways: continuation of flat trend (30%).


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March 30, 2024


AMKOR Technology Forecast

AMKR        AMKOR Technology
Price Forecast: BULLISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with AMKR



RDNT Forecast + Options Trading Strategies   [RDNT]  Radnet (0.93)


SNV Forecast + Options Trading Strategies   [SNV]  Synovus Financial (0.93)


ARKF Forecast + Options Trading Strategies   [ARKF]  ARK Fintech Innovation (0.92)


RCL Forecast + Options Trading Strategies   [RCL]  Royal Caribbean (0.92)


NAIL Forecast + Options Trading Strategies   [NAIL]  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to AMKR



ALGN Forecast + Options Trading Strategies   [ALGN]  Align Technology (0.0)


ERX Forecast + Options Trading Strategies   [ERX]  Direxion Daily Energy Bull 2X Shares (-0.0)


CHGG Forecast + Options Trading Strategies   [CHGG]  Chegg (-0.0)


HOLX Forecast + Options Trading Strategies   [HOLX]  Hologic (0.0)


EUO Forecast + Options Trading Strategies   [EUO]  ProShares UltraShort Euro (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AMKR



SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.9)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.91)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.91)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.92)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.93)





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