CRS Forecast + Trading Strategies


Bullish Case: Strong historical performance, mean-reversion, and expected uptick in market-driven demand. Helium AI forecasts 0.79% growth. Flat term structure indicates stability.


Bearish Case: Insider selling and market uncertainty. Historical correlation suggests limited growth relative to AI forecast. Implied volatility higher than market, indicating potential overpricing.


Potential Outcomes:

1. Stable growth driven by market demand (60%).

2. Price volatility due to broader market conditions (35%).

3. Potential downturn owing to insider activity (5%).


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June 17, 2024


Carpenter Technology Forecast

CRS      Carpenter Technology











Correlated Assets

Assets that tend to move strongly with CRS



CASY Forecast + Options Trading Strategies   CASY  Casey's General Stores (0.83)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (0.82)


CCJ Forecast + Options Trading Strategies   CCJ  Cameco (0.82)


HRTG Forecast + Options Trading Strategies   HRTG  Heritage Insurance (0.82)


CNQ Forecast + Options Trading Strategies   CNQ  Canadian Natural Resources (0.82)



Uncorrelated Assets

Assets with little price relationship to CRS



SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.0)


TTI Forecast + Options Trading Strategies   TTI  Tetra Technologies (0.0)


CABA Forecast + Options Trading Strategies   CABA  Cabaletta Bio (0.01)


DBRG Forecast + Options Trading Strategies   DBRG  DigitalBridge (0.01)


VSCO Forecast + Options Trading Strategies   VSCO  Victoria's Secret (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CRS



MED Forecast + Options Trading Strategies   MED  Medifast (-0.78)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.78)


CBRL Forecast + Options Trading Strategies   CBRL  Cracker Barrel Old Country Store (-0.78)


TMCI Forecast + Options Trading Strategies   TMCI  Treace Medical Concepts (-0.78)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.81)





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