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AI BIVI Forecast

Price Forecast:

Bearish <-> Bullish

Bullish Case: BIVI could achieve significant price appreciation if upcoming trial results for its Alzheimer's treatment yield positive outcomes, potentially leading to FDA approval and heightened investor interest. Historical patterns show favorable returns for longer holding periods in similar scenarios.

Bearish Case: A negative outcome in the upcoming trial results may lead to substantial declines in investor confidence, triggering sell-offs that could reflect historical price lows. Ongoing market volatility could further exacerbate price declines.

Potential Outcomes:

1. Positive Phase 3 trial results: 20%.

2. Negative Phase 3 trial results: 30%.

3. FDA approval of a new drug: 25%.

4. Continued broader market decline: 25%. These probabilities consider historical performance, market conditions, and potential forthcoming events.

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August 24, 2024

BioVie Forecast

BIVI BioVie

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Anticorrelated Assets

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OC Owens Corning (-0.89)

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