ATGE Forecast


Bullish Case: With implied volatility notably higher for the August 2024 term and Helium's AI indicating +0.77% price forecast, there is potential for further rally in ATGE stocks.


Bearish Case: Recently observed flat price action and insider selling activities could indicate caution, suggesting a potential pullback or stagnation in ATGE stock price.


Potential Outcomes:

1) ATGE’s revenue growth boosts stock price (60%).

2) Competitive pressures lead to lower stock price (30%).

3) Market stabilization leads to flat performance (10%).


Trading Oracle: Trade a bullish debit spread by buying the Aug 2024 $65 call and selling the Aug 2024 $70 call. Volatility is low and historical price trends suggest positive returns over a mid-term horizon. This strategy captures upside with manageable risk, focusing on a high reward:risk ratio.


June 27, 2024


Adtalem Global Education Forecast

ATGE      Adtalem Global Education











Correlated Assets

Assets that tend to move strongly with ATGE



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.59)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.01)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.51)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.65)



Uncorrelated Assets

Assets with little price relationship to ATGE



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.01)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.51)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.65)



Anticorrelated Assets

Assets that tend to move strongly against ATGE



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.59)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.01)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.51)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.65)





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