AI COMP Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Rising COMP implied volatility suggests that traders expect increased price movement. This could lead to profitable outcomes, especially if upcoming medical approvals drive market sentiment positively, alongside an anticipated uptick in institutional interest due to restored investor confidence.




Bearish Case: If the market resolves to lower volatility, COMP's price could stagnate or decline, particularly if macroeconomic conditions deteriorate or if COMP fails to meet expectations for new products or drug approvals, leading to broader market sell-offs.




Potential Outcomes:

1. 60%: Positive FDA results for COMP360 catalyzing a rally.

2. 30%: Stagnation due to competitive pressures, leading to flat performance.

3. 10%: Significant regulatory delays incurring steep losses.




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October 17, 2024


Compass Forecast

COMP        Compass











Correlated Assets

Assets that tend to move strongly with COMP



FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (0.9)


LC Forecast + Options Trading Strategies   LC  LendingClub (0.9)


GWRE Forecast + Options Trading Strategies   GWRE  Guidewire Software (0.89)


VTWO Forecast + Options Trading Strategies   VTWO  Vanguard Russell 2000 Index (0.89)


PSFE Forecast + Options Trading Strategies   PSFE  Paysafe Limited (0.88)



Uncorrelated Assets

Assets with little price relationship to COMP



SVIX Forecast + Options Trading Strategies   SVIX  VS Trust - 1x Short VIX Futures (0.0)


EYPT Forecast + Options Trading Strategies   EYPT  EyePoint Pharmaceuticals (-0.0)


MAT Forecast + Options Trading Strategies   MAT  Mattel (0.0)


W Forecast + Options Trading Strategies   W  Wayfair (-0.0)


REPX Forecast + Options Trading Strategies   REPX  Riley Exploration Permian (0.0)



Anticorrelated Assets

Assets that tend to move strongly against COMP



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


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.84)


GO Forecast + Options Trading Strategies   GO  Grocery Outlet (-0.85)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.86)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.87)









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