ESTA Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: ESTA could recover due to increased demand for their products and strong investor sentiment, reflected in higher call trading volume. Positive earnings reports could further bolster confidence.




Bearish Case: Continued bearish market trends and low trading volume may lead to a further decline in ESTA's share price, particularly if macroeconomic conditions worsen or earnings miss expectations.




Potential Outcomes:
  • 1. Positive demand growth drives ESTA up 15% (30% chance).
  • 2. Earnings disappoint and cause a 20% drop (40% chance).
  • 3. Sideways movement continues as investor sentiment remains mixed (30% chance).




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December 05, 2024


Establishment Labs Forecast

ESTA        Establishment Labs











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Uncorrelated Assets

Assets with little price relationship to ESTA



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AMGN Forecast + Options Trading Strategies   AMGN  AMGEN (-0.0)


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Anticorrelated Assets

Assets that tend to move strongly against ESTA



ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.71)


ADBE Forecast + Options Trading Strategies   ADBE  Adobe (-0.72)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (-0.72)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (-0.75)


AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (-0.8)









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