DHI Forecast + Trading Strategies


Bullish Case: D.R. Horton's consistent institutional backing, robust historical ROCE, and favorable analyst ratings present a strong bullish case amidst a tight housing supply.


Bearish Case: A potential housing demand decrease due to rising mortgage rates, alongside high insider trading, could signify looming bearish pressures for D.R. Horton.


Potential Outcomes:

1. Strong housing demand persists (60%),

2. Rate hikes temper demand (35%),

3. Legal issues from expansion (5%).


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


April 16, 2024


D.R. Horton Forecast

DHI        D.R. Horton
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with DHI



LEN Forecast + Options Trading Strategies   LEN  Lennar (0.97)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.96)


NAIL Forecast + Options Trading Strategies   NAIL  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.96)


MAS Forecast + Options Trading Strategies   MAS  Masco (0.95)


ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to DHI



ARWR Forecast + Options Trading Strategies   ARWR  Arrowhead Pharmaceuticals (0.0)


KBR Forecast + Options Trading Strategies   KBR  KBR (-0.0)


EDV Forecast + Options Trading Strategies   EDV  Vanguard Group, Inc. - Vanguard Extended Duration Treasury (0.0)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.0)


ED Forecast + Options Trading Strategies   ED  Consolidated Edison (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DHI



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.91)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.91)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.92)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)





Become a more profitable investor with AI optimized trading strategies






×

Chat with DHI


 Ask any question about DHI!