CANF Forecast


Bullish Case: FDA approval for Namodenoson in MASH shows promise, a breakthrough would significantly boost CANF's valuation. Positive Phase IIb trial and growing institutional interest highlight market potential.


Bearish Case: CANF has shown a long-term decline, with its price down 99.5% over ten years. Historical returns suggest higher probability of continued price drop, the flat recent price action, and negative past returns don't instill confidence.


Potential Outcomes: 20% chance; significant price increase if Namodenoson succeeds in Phase IIb trial
15% chance; market expansion with CF602 drug leading to moderate price uptick
40% chance; no significant news or breakthroughs resulting in price stagnation
25% chance; historical price trend and ongoing negative returns lead to continued price depreciation


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June 28, 2024


Can-Fite Biopharma Forecast

CANF      Can-Fite Biopharma











Correlated Assets

Assets that tend to move strongly with CANF



EBS Forecast + Options Trading Strategies   EBS  Emergent Biosolutions (0.83)


NVCR Forecast + Options Trading Strategies   NVCR  NovoCure (0.78)


GOOS Forecast + Options Trading Strategies   GOOS  Canada Goose Holdings Inc (Subord Vot Shs) (0.77)


AMRC Forecast + Options Trading Strategies   AMRC  Ameresco (0.76)


MPW Forecast + Options Trading Strategies   MPW  Medical Properties (0.75)



Uncorrelated Assets

Assets with little price relationship to CANF



BOTZ Forecast + Options Trading Strategies   BOTZ  Global X Funds Global X Robotics & Artificial Intelli (0.0)


TSCO Forecast + Options Trading Strategies   TSCO  Tractor Supply (0.0)


VEEV Forecast + Options Trading Strategies   VEEV  Veeva Systems (-0.0)


EMN Forecast + Options Trading Strategies   EMN  Eastman Chemical (-0.0)


OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CANF



UEC Forecast + Options Trading Strategies   UEC  Uranium Energy (-0.66)


CNC Forecast + Options Trading Strategies   CNC  Centene (-0.66)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (-0.68)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.73)


PBR Forecast + Options Trading Strategies   PBR  Petroleo Brasileiro S.A. Petrobras (-0.77)





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