AI ENSG Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: High implied volatility suggests significant price movement potential, while historical returns favor positive outcomes. Market positioning and recent call volume offer strong support for a bullish outlook.




Bearish Case: Market uncertainties and high put options indicate bearish sentiment. If operational challenges persist, price stagnation is likely as regulatory pressures remain significant.




Potential Outcomes:

1. Continued expansion leads to probable 10% price rise (65%);

2. Market correction drives a 5% dip (25%);

3. Regulatory uncertainties result in 2% decline (10%).




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October 20, 2024


Ensign Forecast

ENSG        Ensign











Correlated Assets

Assets that tend to move strongly with ENSG



ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.98)


XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (0.95)


IRM Forecast + Options Trading Strategies   IRM  Iron Mountain (0.94)


ISRG Forecast + Options Trading Strategies   ISRG  Intuitive Surgical (0.94)


DIA Forecast + Options Trading Strategies   DIA  SPDR Dow Jones Industrial Average (0.94)



Uncorrelated Assets

Assets with little price relationship to ENSG



FNV Forecast + Options Trading Strategies   FNV  Franco-Nevada (-0.0)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (0.0)


MTDR Forecast + Options Trading Strategies   MTDR  Matador Resources (0.0)


AMBA Forecast + Options Trading Strategies   AMBA  Ambarella (0.01)


MTCH Forecast + Options Trading Strategies   MTCH  Match (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ENSG



SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.92)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.96)









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