AI DECK Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: DECK's historical strength and upcoming seasonal demand could propel the stock higher. The implied volatility structures suggest bullish sentiment, indicating potential upward price movements.




Bearish Case: High implied volatility and market uncertainty suggest a risk of short-term corrections for DECK, particularly if internal or external economic pressures materialize.




Potential Outcomes:

1. Stock rallies 55% chance: Continued brand strength and upcoming seasonal demand.

2. Moderate drop 30% chance: Market volatility leads to corrections.

3. Stagnation 15% chance: Broader market remains uncertain and dampens momentum.




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October 20, 2024


Deckers Outdoor Forecast

DECK        Deckers Outdoor











Correlated Assets

Assets that tend to move strongly with DECK



NVO Forecast + Options Trading Strategies   NVO  Novo Nordisk (0.83)


MCK Forecast + Options Trading Strategies   MCK  Mckesson (0.81)


CTAS Forecast + Options Trading Strategies   CTAS  Cintas (0.8)


VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (0.79)


ELF Forecast + Options Trading Strategies   ELF  e.l.f. Beauty (0.78)



Uncorrelated Assets

Assets with little price relationship to DECK



CFR Forecast + Options Trading Strategies   CFR  Cullen Frost Bankers (0.0)


AMPY Forecast + Options Trading Strategies   AMPY  Amplify Energy (0.0)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (-0.0)


GENI Forecast + Options Trading Strategies   GENI  Genius Sports (0.0)


SNY Forecast + Options Trading Strategies   SNY  Sanofi (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against DECK



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.7)


XPEV Forecast + Options Trading Strategies   XPEV  XPeng (-0.7)


FWRD Forecast + Options Trading Strategies   FWRD  Forward Air (-0.72)


SIRI Forecast + Options Trading Strategies   SIRI  Sirius XM (-0.72)


SSRM Forecast + Options Trading Strategies   SSRM  SSR Mining (-0.74)









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