CNFR Forecast


Bullish Case: CNFR’s focus on profitable wholesale agency and ongoing reforestation initiatives may spur positive sentiment. Low current prices could attract value investors, expecting a reversal if strategic initiatives succeed.


Bearish Case: CNFR's diminishing returns and high operational costs reflect persistent bearish momentum. Environmental challenges, especially frequent wildfires, may further depress prices despite strategic shifts.


Potential Outcomes:

1. Strategic initiatives enhance profitability (35%).

2. Rising costs and environmental impacts depress prices (45%).

3. Flat trading persists amid market uncertainty (20%).


Trading Oracle: Given mean-reverting behavior and low volatility, favor selling mid-term out-of-the-money puts. Exploit theta decay and expect price stability or minor bullish reversal. High reward-to-risk by targeting options expiring in 6-9 months.


June 30, 2024


Conifer Forecast

CNFR      Conifer











Correlated Assets

Assets that tend to move strongly with CNFR



CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (0.8)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.8)


MTCH Forecast + Options Trading Strategies   MTCH  Match (0.8)


TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (0.8)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.79)



Uncorrelated Assets

Assets with little price relationship to CNFR



PRLB Forecast + Options Trading Strategies   PRLB  Proto Labs (-0.0)


AMT Forecast + Options Trading Strategies   AMT  American Tower (0.0)


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


CPB Forecast + Options Trading Strategies   CPB  Campbell Soup (-0.0)


WULF Forecast + Options Trading Strategies   WULF  TeraWulf (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CNFR



YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.77)


AM Forecast + Options Trading Strategies   AM  Antero Midstream (-0.78)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.78)


CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.79)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.82)





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