EXAS Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: EXAS's recent approval of Cologuard Plus and positive market sentiment indicate potential for increased adoption and revenue growth, driving stock prices upward despite prior struggles.




Bearish Case: Persistent financial challenges and market skepticism could decelerate stock growth, compounded by low trading volume and unresolved regulatory hurdles, posing downside risks.




Potential Outcomes: 40% chance of strong adoption for Cologuard Plus boosting revenues; 30% chance financial issues persist; 20% chance of regulatory setbacks affecting product timelines; 10% unclear outcomes from pending patent litigations.




Trading Oracle: Strategically initiate a bull call spread on EXAS by purchasing the $75 call and selling the $80 call, targeting potential price acceleration post-Cologuard Plus release. This aligns with current market expectations and maintains a favorable risk/reward ratio. Focus on volatility skew, anticipating trading volume increases ahead.



October 27, 2024


Exact Sciences Forecast

EXAS        Exact Sciences











Correlated Assets

Assets that tend to move strongly with EXAS



PTLO Forecast + Options Trading Strategies   PTLO  Portillos (0.73)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.72)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.71)


MCD Forecast + Options Trading Strategies   MCD  McDonald's (0.64)


SIRI Forecast + Options Trading Strategies   SIRI  Sirius XM (0.63)



Uncorrelated Assets

Assets with little price relationship to EXAS



ALL Forecast + Options Trading Strategies   ALL  Allstate (0.0)


PNR Forecast + Options Trading Strategies   PNR  Pentair (0.0)


EWG Forecast + Options Trading Strategies   EWG  BlackRock Institutional Trust Company N.A. - iShares MSCI Germany (-0.0)


TEX Forecast + Options Trading Strategies   TEX  Terex (-0.0)


CWEB Forecast + Options Trading Strategies   CWEB  Direxion Daily CSI China Internet Index Bu (0.0)



Anticorrelated Assets

Assets that tend to move strongly against EXAS



VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (-0.61)


NXPI Forecast + Options Trading Strategies   NXPI  NXP Semiconductors (-0.61)


PSTG Forecast + Options Trading Strategies   PSTG  Pure Storage (-0.62)


ALLY Forecast + Options Trading Strategies   ALLY  Ally Financial (-0.64)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (-0.65)









Become a more profitable investor with AI optimized trading strategies






×

Chat with EXAS


 Ask any question about EXAS!