Bullish Case: Optimistic debt restructuring and DIP financing spark interest. Reduced debt, restructuring agreements, and continuation of plant operations may lead to post-bankruptcy success.


Bearish Case: Massive debt overhang, Chapter 11 filing, and halted Mississippi plant underscore serious financial distress and ongoing profitability concerns.


Potential Outcomes:

1) Successful restructuring (30%);

2) Liquidation post-bankruptcy (20%);

3) Acquisition post-restructuring (10%);

4) Operational downsizing (40%).


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April 10, 2024


Enviva Forecast

EVA        Enviva
Price Forecast: BEARISH    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with EVA



MPW Forecast + Options Trading Strategies   [MPW]  Medical Properties (0.93)


FWRD Forecast + Options Trading Strategies   [FWRD]  Forward Air (0.93)


GPRE Forecast + Options Trading Strategies   [GPRE]  Green Plains (0.93)


GOGO Forecast + Options Trading Strategies   [GOGO]  Gogo (0.93)


LIT Forecast + Options Trading Strategies   [LIT]  Global X Lithium & Battery Tech (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to EVA



NOTV Forecast + Options Trading Strategies   [NOTV]  Inotiv (0.0)


CTRA Forecast + Options Trading Strategies   [CTRA]  Coterra Energy (-0.0)


VLY Forecast + Options Trading Strategies   [VLY]  Valley National Bancorp (0.0)


ZSL Forecast + Options Trading Strategies   [ZSL]  ProShares UltraShort Silver (0.0)


JWN Forecast + Options Trading Strategies   [JWN]  Nordstrom (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EVA



CRWD Forecast + Options Trading Strategies   [CRWD]  Crowdstrike (-0.92)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (-0.92)


NTNX Forecast + Options Trading Strategies   [NTNX]  Nutanix (-0.92)


GWRE Forecast + Options Trading Strategies   [GWRE]  Guidewire Software (-0.92)


BRBR Forecast + Options Trading Strategies   [BRBR]  Bellring Brands (-0.93)





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