Bullish Case: EDIT's alignment with FDA for its RUBY trial might pave the way for approval, driving shares up if mid-2024 data is positive.


Bearish Case: Recent insider sales and a -75.7% five-year return highlight skepticism. Positive trial results are not guaranteed.


Potential Outcomes: Mid-2024 positive trial updates (30%), EDIT appreciates; trial disappointment or delay (40%), EDIT drops; neutral outcome or market non-reaction (30%).


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April 09, 2024


Editas Medicine Forecast

EDIT        Editas Medicine
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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BA Forecast + Options Trading Strategies   BA  Boeing (0.7)


CHGG Forecast + Options Trading Strategies   CHGG  Chegg (0.67)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (0.64)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (0.63)



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CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (-0.0)


AXP Forecast + Options Trading Strategies   AXP  American Express (-0.0)


WDAY Forecast + Options Trading Strategies   WDAY  Workday (-0.0)


LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (-0.0)


DFS Forecast + Options Trading Strategies   DFS  Discover Financial Services (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EDIT



UNM Forecast + Options Trading Strategies   UNM  Unum (-0.52)


UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.54)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.58)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (-0.58)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.59)





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