Bullish Case: Coupang's robust Q4 performance, luxury market foray, active user growth, and recent $2bn investment announcement for expanded delivery signal potential upward trajectory.


Bearish Case: Intensifying competition with Alibaba's $1.1bn South Korea investment, recent director's stock sale, and a high price-to-book ratio pose significant downside risks.


Potential Outcomes:

1) User growth accelerates due to free delivery model (60%);

2) Alibaba's investment materializes into formidable competition (30%);

3) Stock stabilization post investment news (10%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


March 30, 2024


Coupang Forecast

CPNG        Coupang
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CPNG



SG Forecast + Options Trading Strategies   [SG]  Sweetgreen (0.69)


CIVI Forecast + Options Trading Strategies   [CIVI]  Civitas Resources Inc New (0.69)


OXY Forecast + Options Trading Strategies   [OXY]  Occidental Petroleum (0.69)


CTRA Forecast + Options Trading Strategies   [CTRA]  Coterra Energy (0.68)


SBOW Forecast + Options Trading Strategies   [SBOW]  SilverBow Resources (0.67)



Uncorrelated Stock Forecasts

Assets with little price relationship to CPNG



NTNX Forecast + Options Trading Strategies   [NTNX]  Nutanix (0.0)


FITB Forecast + Options Trading Strategies   [FITB]  Fifth Third Bancorp (-0.0)


FRSH Forecast + Options Trading Strategies   [FRSH]  Freshworks (0.0)


GNRC Forecast + Options Trading Strategies   [GNRC]  Generac (-0.0)


CPRT Forecast + Options Trading Strategies   [CPRT]  Copart (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CPNG



CBL Forecast + Options Trading Strategies   [CBL]  CBL& Associates Properties, Inc. - New (-0.58)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (-0.6)


SMPL Forecast + Options Trading Strategies   [SMPL]  Simply Good Foods (-0.6)


DRIP Forecast + Options Trading Strategies   [DRIP]  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.62)


CNXC Forecast + Options Trading Strategies   [CNXC]  Concentrix (-0.76)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!