BOOT Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: BOOT shows strong historical performance, with favorable analyst sentiment suggesting resilience amidst market fluctuations. Positive sales growth could catalyze a price rebound.




Bearish Case: Concerns regarding overvaluation persist, particularly given current market volatility. If consumer spending declines or macroeconomic conditions worsen, BOOT may see downward pressure.




Potential Outcomes:
  • Continued sales growth leading to a 40% price increase (40% chance).
  • Market correction due to overvaluation potentially causing a 30% decline (30% chance).
  • Macroeconomic factors inducing volatility that may swing price by 30% (30% chance).




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December 21, 2024


Boot Barn Forecast

BOOT        Boot Barn











Correlated Assets

Assets that tend to move strongly with BOOT



BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.92)


TT Forecast + Options Trading Strategies   TT  Trane (0.91)


XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (0.91)


ONON Forecast + Options Trading Strategies   ONON  On (0.91)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (0.9)



Uncorrelated Assets

Assets with little price relationship to BOOT



NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.01)


INTU Forecast + Options Trading Strategies   INTU  Intuit (-0.01)


HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (0.01)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.01)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against BOOT



DIN Forecast + Options Trading Strategies   DIN  Dine Brands (-0.87)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (-0.87)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.9)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.92)









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