ASTE Forecast


Bullish Case: ASTE's implied volatility is slightly higher than the market's, suggesting potential for significant price movements. Combined with recent flat price action, this could signal an upward correction, especially given the high historical returns over longer holding periods.


Bearish Case: ASTE's recent negative price trends, high implied volatility at low strike prices, and bearish implied volatility surface predict continued downside risk. This aligns with past volatility patterns and the stock's underperformance relative to historical averages.


Potential Outcomes: 70% chance of further decline within next 6 months (-15% or more), 20% chance of minor appreciation (+5-10%), 10% chance of stable trading. These outcomes are based on bearish historical trends, current implied volatility, and market uncertainty.


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July 16, 2024


Astec Industries Forecast

ASTE      Astec Industries











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Uncorrelated Assets

Assets with little price relationship to ASTE



EPR Forecast + Options Trading Strategies   EPR  EPR Properties (0.0)


SQ Forecast + Options Trading Strategies   SQ  Square (-0.0)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.0)


PRM Forecast + Options Trading Strategies   PRM  Perimeter Solutions SA (-0.0)


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Anticorrelated Assets

Assets that tend to move strongly against ASTE



CCJ Forecast + Options Trading Strategies   CCJ  Cameco (-0.72)


LPG Forecast + Options Trading Strategies   LPG  Dorian LPG (-0.75)


PDD Forecast + Options Trading Strategies   PDD  Pinduoduo (-0.76)


KTOS Forecast + Options Trading Strategies   KTOS  Kratos Defense & Security (-0.77)


ATGE Forecast + Options Trading Strategies   ATGE  Adtalem Global Education (-0.82)





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