DGX Forecast


Bullish Case: PathAI acquisition enhances AI and digital pathology, driving revenue. Base business and new products show steady growth. Institutional holdings signal confidence.


Bearish Case: Continued decline in COVID-19 testing revenue impacts financials. Low volatility and mean reversion suggest limited upside. High implied volatility implies market uncertainty.


Potential Outcomes:

1. 50%: New PathAI services boost revenue.

2. 30%: Further decline in COVID test revenues.

3. 20%: Stock fluctuates with market volatility.


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


June 24, 2024


Quest Diagnostics Forecast

DGX      Quest Diagnostics











Correlated Assets

Assets that tend to move strongly with DGX



AES Forecast + Options Trading Strategies   AES  AES (0.86)


PCG Forecast + Options Trading Strategies   PCG  PG&E (0.84)


SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (0.82)


CWEN Forecast + Options Trading Strategies   CWEN  Clearway Energy (0.8)


SO Forecast + Options Trading Strategies   SO  Southern (0.78)



Uncorrelated Assets

Assets with little price relationship to DGX



BAX Forecast + Options Trading Strategies   BAX  Baxter International (-0.0)


MAC Forecast + Options Trading Strategies   MAC  Macerich (0.0)


SYNA Forecast + Options Trading Strategies   SYNA  Synaptics (0.0)


GILD Forecast + Options Trading Strategies   GILD  Gilead Sciences (0.0)


EXAS Forecast + Options Trading Strategies   EXAS  Exact Sciences (0.0)



Anticorrelated Assets

Assets that tend to move strongly against DGX



CF Forecast + Options Trading Strategies   CF  CF Industries (-0.52)


DBRG Forecast + Options Trading Strategies   DBRG  DigitalBridge (-0.52)


CVI Forecast + Options Trading Strategies   CVI  CVR Energy (-0.53)


DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.59)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.65)





Become a more profitable investor with AI optimized trading strategies






×

Chat with DGX


 Ask any question about DGX!