Bullish Case: Sustained growth due to bullish sentiment, AI forecasting, and high institutional ownership positions DVA for upside potential, reinforced by recent analytical upgrades.


Bearish Case: High debt-to-equity ratio, potential overvaluation due to a spiked P/B ratio, and increased competition pose significant risk of price correction.


Potential Outcomes:

1. Continued growth due to bullish sentiment and analyst upgrades (40%).

2. Correction as P/B ratio declines to historical mean (30%).

3. Sideways trend if market indicators fluctuate (20%).

4. Surge from external positive healthcare sector news (10%).


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April 11, 2024


DaVita Forecast

DVA        DaVita
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

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RSP Forecast + Options Trading Strategies   [RSP]  Invesco S&P 500 Equal Weight (0.93)


NAIL Forecast + Options Trading Strategies   [NAIL]  Direxion Daily Homebuilders & Supplies Bull 3X Shares (0.93)


BLDR Forecast + Options Trading Strategies   [BLDR]  Builders Firstsource (0.93)


DGRO Forecast + Options Trading Strategies   [DGRO]  iShares Core Dividend Growth (0.93)


XLI Forecast + Options Trading Strategies   [XLI]  Industrial Select Sector SPDR (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to DVA



JOBY Forecast + Options Trading Strategies   [JOBY]  Joby Aviation (-0.0)


CTVA Forecast + Options Trading Strategies   [CTVA]  Corteva (-0.0)


CNP Forecast + Options Trading Strategies   [CNP]  Centerpoint Energy (0.01)


MVIS Forecast + Options Trading Strategies   [MVIS]  Microvision (0.01)


SO Forecast + Options Trading Strategies   [SO]  Southern (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against DVA



DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.9)


SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.9)


RWM Forecast + Options Trading Strategies   [RWM]  ProShares Trust - ProShares Short Russell2000 (-0.91)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.93)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.93)





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