COO Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Factors like high institutional buying and recent positive earnings revisions support a bullish outlook on COO, especially given its historical mean reversion tendencies and the elevated COO implied volatility suggest potential price recovery.




Bearish Case: Persistent high debt and ongoing competitive pressures create significant downside risks for COO, compounded by bearish market sentiment and the current Helium AI forecast, which indicates a sentiment lean towards further declines.




Potential Outcomes:
  • Stabilization around current prices (30%) driven by mean reversion.
  • Continued decline due to regulatory challenges (40%).
  • Recovery led by strong earnings and market recovery (30%).




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December 01, 2024


Cooper Companies Forecast

COO        Cooper Companies











Correlated Assets

Assets that tend to move strongly with COO



DBX Forecast + Options Trading Strategies   DBX  Dropbox (0.87)


IJH Forecast + Options Trading Strategies   IJH  BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap (0.81)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (0.78)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.76)


AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (0.76)



Uncorrelated Assets

Assets with little price relationship to COO



COMP Forecast + Options Trading Strategies   COMP  Compass (-0.0)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (0.0)


UBS Forecast + Options Trading Strategies   UBS  UBS (-0.0)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.01)


IEP Forecast + Options Trading Strategies   IEP  Icahn (0.01)



Anticorrelated Assets

Assets that tend to move strongly against COO



VLO Forecast + Options Trading Strategies   VLO  Valero Energy (-0.73)


MU Forecast + Options Trading Strategies   MU  Micron Technology (-0.75)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.79)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.79)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.85)









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