AI BYD Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: BYD's strategic expansions, like entering Southeast Asian markets and partnerships in EV production, bolster long-term growth, reflected in relatively low market volatility trends. This suggests an optimistic trajectory for coming quarters.


Bearish Case: Increased competition from EV manufacturers and potential regulatory challenges in Western markets may pressure BYD’s market share and profitability, underscored by recent bearish price actions and high implied volatility in options.


Potential Outcomes:

1. Continued growth driven by international expansion (50%);

2. Increased competition leading to price drops (30%);

3. Regulatory impacts causing volatility (20%).


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


October 06, 2024


Boyd Gaming Forecast

BYD      Boyd Gaming











Correlated Assets

Assets that tend to move strongly with BYD



GPN Forecast + Options Trading Strategies   GPN  Global Payments (0.84)


JBHT Forecast + Options Trading Strategies   JBHT  J.B. Hunt Transport Services (0.82)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.8)


EVH Forecast + Options Trading Strategies   EVH  Evolent Health (0.79)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (0.79)



Uncorrelated Assets

Assets with little price relationship to BYD



RIG Forecast + Options Trading Strategies   RIG  Transocean (-0.0)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (0.0)


SPG Forecast + Options Trading Strategies   SPG  Simon Property Group (0.0)


CM Forecast + Options Trading Strategies   CM  Canadian Imperial Bank Of Commerce (-0.0)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (0.0)



Anticorrelated Assets

Assets that tend to move strongly against BYD



CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.68)


NVAX Forecast + Options Trading Strategies   NVAX  Novavax (-0.69)


FUTU Forecast + Options Trading Strategies   FUTU  Futu (-0.72)


BILI Forecast + Options Trading Strategies   BILI  Bilibili (-0.75)


MCHI Forecast + Options Trading Strategies   MCHI  BTC iShares MSCI China (-0.8)





Become a more profitable investor with AI optimized trading strategies






×

Chat with BYD


 Ask any question about BYD!