CHDN Forecast


Bullish Case: CHDN's strong future earnings growth expectation (+71%), positive AI implied volatility forecast, and robust historical price returns support a compelling bullish case.


Bearish Case: Persistent safety issues and regulatory concerns could hurt CHDN's brand, potentially leading to increased costs and declining revenue, as reflected in high implied volatility for lower strike prices.


Potential Outcomes: Successful address of safety issues (60%), continuation of safety scandals (30%), increased operational costs due to regulations (10%).


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July 03, 2024


Churchill Downs Forecast

CHDN      Churchill Downs











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AX Forecast + Options Trading Strategies   AX  Axos Financial (0.79)


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Uncorrelated Assets

Assets with little price relationship to CHDN



EPR Forecast + Options Trading Strategies   EPR  EPR Properties (0.0)


FTNT Forecast + Options Trading Strategies   FTNT  Fortinet (0.0)


HXL Forecast + Options Trading Strategies   HXL  Hexcel (0.0)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (0.0)


EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.0)



Anticorrelated Assets

Assets that tend to move strongly against CHDN



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.67)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.68)


FLYW Forecast + Options Trading Strategies   FLYW  Flywire (-0.68)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.69)


DBI Forecast + Options Trading Strategies   DBI  Designer Brands (-0.71)





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