AI FA Forecast


Bullish Case: The implied volatility surface indicates elevated future uncertainty, which could signify upcoming positive news for FA. Historical data shows likelihoods of solid returns over longer periods, supported by a potentially recovering housing market.


Bearish Case: High implied volatility suggests significant market uncertainty, which can lead to sharp declines. The historical return surface reveals considerable likelihood of negative returns in the short term, reflecting possible ongoing challenges within the company.


Potential Outcomes:

1. Positive market recovery (40%) from housing policies.

2. Continued flat performance (50%) with no meaningful changes.

3. Increased downside risk (10%) if volatility leads to rapid sell-offs in options.


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August 13, 2024


First Advantage Forecast

FA      First Advantage











Correlated Assets

Assets that tend to move strongly with FA



SLNO Forecast + Options Trading Strategies   SLNO  Soleno Therapeutics (0.86)


UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (0.82)


FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (0.81)


MELI Forecast + Options Trading Strategies   MELI  MercadoLibre (0.81)


LC Forecast + Options Trading Strategies   LC  LendingClub (0.81)



Uncorrelated Assets

Assets with little price relationship to FA



SNY Forecast + Options Trading Strategies   SNY  Sanofi (0.0)


SBAC Forecast + Options Trading Strategies   SBAC  SBA Communications (-0.0)


MDB Forecast + Options Trading Strategies   MDB  MongoDB (-0.0)


GPN Forecast + Options Trading Strategies   GPN  Global Payments (0.0)


AQN Forecast + Options Trading Strategies   AQN  Algonquin Power & Utilities (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against FA



LIT Forecast + Options Trading Strategies   LIT  Global X Lithium & Battery Tech (-0.73)


TALO Forecast + Options Trading Strategies   TALO  Talos Energy (-0.73)


GO Forecast + Options Trading Strategies   GO  Grocery Outlet (-0.73)


KOS Forecast + Options Trading Strategies   KOS  Kosmos Energy (-0.73)


APA Forecast + Options Trading Strategies   APA  Apache (-0.75)





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