Bullish Case: CSGP's recent acquisition of Spatial Property Data Company and Matterport boosts its tech and real estate analytics prowess, likely increasing market footprint and investor sentiment, potentially driving stock prices higher.


Bearish Case: Despite acquisitions, recent flat price action and high derivatives trading volatility indicate market uncertainty and risk of price decline due to potentially overvalued acquisitions impacting earnings negatively.


Potential Outcomes: 60% chance of price increase driven by successful integration of recent acquisitions enhancing market dominance. 30% chance of decline due to acquisition costs and integration challenges. 10% chance prices stabilize as market assesses the impacts.


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


April 24, 2024


Costar Group Forecast

CSGP        Costar Group
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with CSGP



BBAR Forecast + Options Trading Strategies   BBAR  BBVA Argentina (0.86)


MCHP Forecast + Options Trading Strategies   MCHP  Microchip Technology (0.85)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.85)


SNA Forecast + Options Trading Strategies   SNA  Snap-on (0.85)


LPX Forecast + Options Trading Strategies   LPX  Louisiana-Pacific (0.84)



Uncorrelated Stock Forecasts

Assets with little price relationship to CSGP



DAN Forecast + Options Trading Strategies   DAN  Dana (0.0)


AON Forecast + Options Trading Strategies   AON  Aon plc. - (-0.0)


RYLD Forecast + Options Trading Strategies   RYLD  Global X Russell 2000 Covered Call (-0.0)


APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (0.0)


HES Forecast + Options Trading Strategies   HES  Hess (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CSGP



DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.76)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.77)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.79)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.79)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.79)





Become a more profitable investor with AI optimized trading strategies






×

Chat with CSGP


 Ask any question about CSGP!