Bullish Case: AYI's year-on-year and longer-term price appreciation, recent company buybacks, and dividends signal a bullish outlook, compounded by growing smart buildings market.


Bearish Case: AYI's flat short-term price action and high reliance on smart buildings market pose risks amidst potential sector-specific downturn and competitive pressures.


Potential Outcomes: AYI's success in smart buildings market (65% chance), missed market opportunities leading to decline (35%). Macro factors and tech sector performance are key influences.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 04, 2024


Acuity Brands Forecast

AYI        Acuity Brands
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with AYI



OWL Forecast + Options Trading Strategies   OWL  Blue Owl (0.96)


PCAR Forecast + Options Trading Strategies   PCAR  Paccar (0.94)


TPG Forecast + Options Trading Strategies   TPG  TPG (0.94)


FORM Forecast + Options Trading Strategies   FORM  FormFactor (0.94)


WSM Forecast + Options Trading Strategies   WSM  Williams-Sonoma (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to AYI



BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (-0.0)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (0.01)


FIVN Forecast + Options Trading Strategies   FIVN  Five9 (0.01)


XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (0.01)


BXMT Forecast + Options Trading Strategies   BXMT  Blackstone Mortgage (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AYI



PFE Forecast + Options Trading Strategies   PFE  Pfizer (-0.88)


VIXM Forecast + Options Trading Strategies   VIXM  ProShares VIX Mid-Term Futures (-0.89)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.9)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.91)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.91)





Become a more profitable investor with AI optimized trading strategies






×

Chat with AYI


 Ask any question about AYI!