Bullish Case: New factory investments show EnerSys expansion, undervalued P/E ratio and P/B indicate room for growth, backing from ample insider ownership.


Bearish Case: Insider sales and negative AI forecast correlation could signal concern, while low volatility and mean-reverting trend may cap gains.


Potential Outcomes:

1) Factory success, stock up - 50%.

2) Market headwinds or poor execution, stock down - 30%.

3) Muted response, stock sideways - 20%.


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March 21, 2024


Enersys Forecast

ENS        Enersys
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ENS



ROK Forecast + Options Trading Strategies   [ROK]  Rockwell Automation (0.85)


U Forecast + Options Trading Strategies   [U]  Unity Software (0.82)


ABR Forecast + Options Trading Strategies   [ABR]  Arbor Realty (0.82)


JOBY Forecast + Options Trading Strategies   [JOBY]  Joby Aviation (0.82)


ZUO Forecast + Options Trading Strategies   [ZUO]  Zuora (0.79)



Uncorrelated Stock Forecasts

Assets with little price relationship to ENS



LYB Forecast + Options Trading Strategies   [LYB]  LyondellBasell Industries (0.0)


LPG Forecast + Options Trading Strategies   [LPG]  Dorian LPG (0.0)


IMVT Forecast + Options Trading Strategies   [IMVT]  Immunovant (-0.0)


WDC Forecast + Options Trading Strategies   [WDC]  Western Digital (0.0)


AIR Forecast + Options Trading Strategies   [AIR]  AAR (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ENS



AXON Forecast + Options Trading Strategies   [AXON]  Axon Enterprise (-0.41)


HIBB Forecast + Options Trading Strategies   [HIBB]  Hibbett Sports (-0.47)


GATO Forecast + Options Trading Strategies   [GATO]  Gatos Silver (-0.47)


UVIX Forecast + Options Trading Strategies   [UVIX]  VS Trust - 2x Long VIX Futures (-0.57)


BJ Forecast + Options Trading Strategies   [BJ]  BJ's Wholesale Club (-0.65)





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