BIO Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Increased institutional investment and positive sentiment around non-COVID innovations could catalyze growth, supported by a mean-reverting price action and optimistic social media discussions. Potential recovery from product launches enhances prospects.




Bearish Case: High implied volatility reflects significant market skepticism, particularly around the postponed digital PCR launch and the challenge in sustaining non-COVID revenue growth, raising concerns about continued share price declines.




Potential Outcomes:

1.

**Non-COVID revenue growth (40%).

**
2.

**Continued underperformance due to market skepticism (30%).

**
3.

**Successful integration of new products drives revenues (30%).

**




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



December 19, 2024


Bio-Rad Laboratories Forecast

BIO        Bio-Rad Laboratories











Correlated Assets

Assets that tend to move strongly with BIO



BMY Forecast + Options Trading Strategies   BMY  Bristol-Myers Squibb (0.77)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.75)


SHW Forecast + Options Trading Strategies   SHW  Sherwin-Williams (0.71)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.69)


SGMO Forecast + Options Trading Strategies   SGMO  Sangamo Therapeutics (0.69)



Uncorrelated Assets

Assets with little price relationship to BIO



SII Forecast + Options Trading Strategies   SII  Sprott (-0.01)


DV Forecast + Options Trading Strategies   DV  DoubleVerify (0.01)


BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (0.01)


TEL Forecast + Options Trading Strategies   TEL  Registered Shares (0.02)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against BIO



RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.54)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.54)


ETR Forecast + Options Trading Strategies   ETR  Entergy (-0.58)


TNK Forecast + Options Trading Strategies   TNK  Teekay Tankers (-0.58)


SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.6)









Become a more profitable investor with AI optimized trading strategies






×

Chat with BIO


 Ask any question about BIO!