BJRI Forecast + Trading Strategies


Bullish Case: Activist involvement and recent strategic maneuvers present upside as BJRI adapts, coupled with Helium's AI bullish outlook suggesting potential for growth.


Bearish Case: Insider selling and historical underperformance, combined with high market volatility, signal possible continuing struggles and downside risk.


Potential Outcomes: 65% modest uptick following strategic repositioning, 25% stagnation with existing market pressures, 10% decline due to poor execution or negative market shifts.


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April 24, 2024


BJ's Restaurant Forecast

BJRI        BJ's Restaurant
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with BJRI



CODI Forecast + Options Trading Strategies   CODI  Compass Diversified (0.89)


TNA Forecast + Options Trading Strategies   TNA  Direxion Daily Small Cap Bull 3X Shares (0.87)


OTIS Forecast + Options Trading Strategies   OTIS  Otis Worldwide (0.87)


ITRI Forecast + Options Trading Strategies   ITRI  Itron (0.87)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to BJRI



BYND Forecast + Options Trading Strategies   BYND  Beyond Meat (0.0)


ALGM Forecast + Options Trading Strategies   ALGM  Allegro Microsystems (0.0)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.0)


FBRT Forecast + Options Trading Strategies   FBRT  Franklin BSP Realty (0.0)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BJRI



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.79)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.83)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.83)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.84)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.84)





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