COMP Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: With a recent spike in call option volume, suggesting increased investor optimism, and upcoming product launches, COMP may break key resistance and rise as market demand for its innovative solutions grows.




Bearish Case: Continued high implied volatilities coupled with economic headwinds may lead to decreased market confidence, potentially stalling any upward momentum and resulting in increased volatility in pricing.




Potential Outcomes:
  • COMP achieves favorable reception of new products (60% chance), boosting revenue.
  • Interest rate hikes dampen demand (25% chance), leading to reduced sales.
  • Increased competition bites into market share (15% chance), stalling growth.




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December 15, 2024


Compass Forecast

COMP        Compass











Correlated Assets

Assets that tend to move strongly with COMP



GWRE Forecast + Options Trading Strategies   GWRE  Guidewire Software (0.88)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.88)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (0.87)


ARES Forecast + Options Trading Strategies   ARES  Ares (0.87)


ISRG Forecast + Options Trading Strategies   ISRG  Intuitive Surgical (0.87)



Uncorrelated Assets

Assets with little price relationship to COMP



SRPT Forecast + Options Trading Strategies   SRPT  Sarepta Therapeutics (0.02)


CVGW Forecast + Options Trading Strategies   CVGW  Calavo Growers (-0.02)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.02)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.02)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against COMP



TRIP Forecast + Options Trading Strategies   TRIP  TripAdvisor (-0.8)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.8)


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


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.84)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.9)









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