Bullish Case: Mean reversion trend and recent uptick from a week ago indicate potential for recovery. Helium AI neutral price forecast could preempt market sentiment shift.


Bearish Case: Recent price declines over varying intervals suggest bearish momentum. Flat term structure and high volatility signal persistent market uncertainty.


Potential Outcomes:

1. Short-term rebound (40%): Mean reversion behavior continues.

2. Ongoing bearish trend (30%): No catalytic news, investor sentiment remains low.

3. Surprise bullish news (30%): Unforeseen positive development.


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March 23, 2024


Registered Shares Forecast

BMRN        Registered Shares
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with BMRN



CHGG Forecast + Options Trading Strategies   [CHGG]  Chegg (0.72)


LH Forecast + Options Trading Strategies   [LH]  Laboratory Corp. Of America (0.66)


CWEN Forecast + Options Trading Strategies   [CWEN]  Clearway Energy (0.65)


PLNT Forecast + Options Trading Strategies   [PLNT]  Planet Fitness (0.62)


BND Forecast + Options Trading Strategies   [BND]  Vanguard Total Bond Market (0.6)



Uncorrelated Stock Forecasts

Assets with little price relationship to BMRN



WING Forecast + Options Trading Strategies   [WING]  Wingstop (0.0)


HYLN Forecast + Options Trading Strategies   [HYLN]  Hyliion (-0.0)


PDD Forecast + Options Trading Strategies   [PDD]  Pinduoduo (-0.0)


SNA Forecast + Options Trading Strategies   [SNA]  Snap-on (-0.0)


AFRM Forecast + Options Trading Strategies   [AFRM]  Affirm (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against BMRN



RRC Forecast + Options Trading Strategies   [RRC]  Range Resources (-0.52)


AR Forecast + Options Trading Strategies   [AR]  Antero Resources (-0.53)


NTES Forecast + Options Trading Strategies   [NTES]  NetEase (-0.54)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.55)


OHI Forecast + Options Trading Strategies   [OHI]  Omega Healthcare Investors (-0.55)





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