FCNCA Forecast


Bullish Case: FCNCA shows robust growth, with a stock price increase of 183% over two years, indicating strong fundamentals. The bullish risk outweighs bearish risk by 47%, suggesting investor confidence and potential upward price movements.


Bearish Case: Despite growth, FCNCA's HeliumTrades AI forecast is only modestly positive (+0.45%), with a historical correlation of -0.1, implying potential overvaluation or impending price corrections.


Potential Outcomes:

1. FCNCA could climb further, driven by continuing investor confidence, 70% chance.

2. Near-term corrections due to modest AI forecasts and high options volatility, 30% chance.


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April 27, 2024


First Citizens Bancshares, Inc (NC) Forecast

FCNCA        First Citizens Bancshares, Inc (NC)
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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COOP Forecast + Options Trading Strategies   COOP  Mr. Cooper (0.95)


LDOS Forecast + Options Trading Strategies   LDOS  Leidos (0.93)


BPOP Forecast + Options Trading Strategies   BPOP  Popular (0.93)


APH Forecast + Options Trading Strategies   APH  Amphenol (0.92)


CRH Forecast + Options Trading Strategies   CRH  CRH Plc (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to FCNCA



TAP Forecast + Options Trading Strategies   TAP  Molson Coors Beverage (-0.0)


BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (0.0)


BOX Forecast + Options Trading Strategies   BOX  Box (0.0)


GOEV Forecast + Options Trading Strategies   GOEV  Canoo (0.01)


F Forecast + Options Trading Strategies   F  Ford Motor (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FCNCA



PRTA Forecast + Options Trading Strategies   PRTA  Prothena (-0.86)


PLL Forecast + Options Trading Strategies   PLL  Piedmont Lithium (-0.86)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.86)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.87)





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