Bullish Case: EVLV's solid historical revenue returns and projected edge in market volatility indicate potential upside. Increased adoption in security tech and ongoing recovery signal strong future performance.


Bearish Case: High current implied volatility and competitive pressure could signal downside risks. Mean-reverting pattern and absence of positive catalysts might stunt growth, impacting investor confidence.


Potential Outcomes:

1) Ongoing adaptation boosts market share, high potential return (40%).

2) Competition suppresses growth, possible mild decline (30%).

3) Market saturation leads to flat performance (30%).


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


April 20, 2024


Evolv Forecast

EVLV        Evolv
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with EVLV



FLNC Forecast + Options Trading Strategies   FLNC  Fluence Energy (0.82)


EXAS Forecast + Options Trading Strategies   EXAS  Exact Sciences (0.8)


EXPI Forecast + Options Trading Strategies   EXPI  eXp World (0.8)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (0.8)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (0.77)



Uncorrelated Stock Forecasts

Assets with little price relationship to EVLV



BCS Forecast + Options Trading Strategies   BCS  Barclays (0.0)


HOG Forecast + Options Trading Strategies   HOG  Harley-Davidson (0.0)


SO Forecast + Options Trading Strategies   SO  Southern (0.0)


SUM Forecast + Options Trading Strategies   SUM  Summit Materials (0.0)


OPRX Forecast + Options Trading Strategies   OPRX  OptimizeRx (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against EVLV



CNC Forecast + Options Trading Strategies   CNC  Centene (-0.62)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.63)


STRA Forecast + Options Trading Strategies   STRA  Strategic Education (-0.67)


SBLK Forecast + Options Trading Strategies   SBLK  Star Bulk Carriers (-0.67)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.69)





Become a more profitable investor with AI optimized trading strategies






×

Chat with EVLV


 Ask any question about EVLV!