ELYS Forecast


Bullish Case: Given ELYS' recent flat price action [Helium] and positive HeliumTrades AI forecast of +1.24% [Helium], in addition to the CBS reiteration suggesting overall market positivity [Helium], there's potential for a modest short-term price appreciation.


Bearish Case: ELYS is experiencing high volatility [Helium], consistent historical underperformance [Helium], and a substantial long-term decline of -80.8% over two years [Helium], suggesting a structurally weak stock with limited bearish potential if economic conditions worsen.


Potential Outcomes:

1. ELYS' revenue grows as forecasted with 65% likelihood. [Helium]

2. ELYS' stock remains highly volatile with a 70% probability. [Helium]

3. Fails to meet analyst recommendations continuing the downward trend with a 60% chance. [Helium]

4. Returns to profitability within the next few quarters with 40% chance. [Helium]


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


June 28, 2024


Elys Game Technology Forecast

ELYS      Elys Game Technology











Correlated Assets

Assets that tend to move strongly with ELYS



LAZR Forecast + Options Trading Strategies   LAZR  Luminar (0.85)


LPSN Forecast + Options Trading Strategies   LPSN  Liveperson (0.84)


COMM Forecast + Options Trading Strategies   COMM  CommScope (0.84)


NYCB Forecast + Options Trading Strategies   NYCB  New York Community Bancorp (0.83)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.83)



Uncorrelated Assets

Assets with little price relationship to ELYS



BND Forecast + Options Trading Strategies   BND  Vanguard Total Bond Market (0.0)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (-0.0)


NEE Forecast + Options Trading Strategies   NEE  NextEra Energy (0.0)


OPRA Forecast + Options Trading Strategies   OPRA  Opera (0.0)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against ELYS



GEO Forecast + Options Trading Strategies   GEO  Geo Group (-0.79)


CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.81)


AM Forecast + Options Trading Strategies   AM  Antero Midstream (-0.81)


HMY Forecast + Options Trading Strategies   HMY  Harmony Gold Mining (-0.81)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.82)





Become a more profitable investor with AI optimized trading strategies






×

Chat with ELYS


 Ask any question about ELYS!