DAN Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: DAN's implied volatility suggests optimistic investor sentiment. If demand from the auto parts market continues to rise, prices could rebound, taking DAN back toward its historical highs.




Bearish Case: High historical volatility and negative price trends suggest significant risks. If operational challenges persist or market conditions worsen, DAN prices might decline further.




Potential Outcomes:
  • Auto market recovery boosts DAN demand (45% probability).
  • Further operational challenges lead to price declines (30% probability).
  • Unexpected geopolitical events negatively impact market (25% probability).




Trading Oracle: Consider a bullish stance by implementing a debit spread. Buy DAN Jun 2025 $13 Calls and sell $15 Calls, leveraging high IV for a robust upside. Target significant price recovery post a strong auto demand performance. This offers a favorable risk-reward ratio with the potential for 70% gains.



December 12, 2024


Dana Forecast

DAN        Dana











Correlated Assets

Assets that tend to move strongly with DAN



APTV Forecast + Options Trading Strategies   APTV  Aptiv (0.81)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.81)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.8)


CORN Forecast + Options Trading Strategies   CORN  Teucrium Corn (0.8)


CAR Forecast + Options Trading Strategies   CAR  Avis Budget (0.79)



Uncorrelated Assets

Assets with little price relationship to DAN



SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (0.0)


ONTO Forecast + Options Trading Strategies   ONTO  Onto Innovation (0.0)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.0)


DBX Forecast + Options Trading Strategies   DBX  Dropbox (-0.01)


JOBY Forecast + Options Trading Strategies   JOBY  Joby Aviation (0.01)



Anticorrelated Assets

Assets that tend to move strongly against DAN



FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (-0.75)


GWRE Forecast + Options Trading Strategies   GWRE  Guidewire Software (-0.75)


CINF Forecast + Options Trading Strategies   CINF  Cincinnati Financial (-0.76)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.76)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (-0.8)









Become a more profitable investor with AI optimized trading strategies






×

Chat with DAN


 Ask any question about DAN!