FLEX Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong demand for flexible electronics and strategic partnerships is expected to drive revenue growth, supported by elevated historical returns and favorable market sentiment, suggesting potential upward price movement.




Bearish Case: Persistent macroeconomic challenges and competitive pressures could stifle FLEX’s growth, leading to stagnant price movements as reflected in rising implied volatility and historical performance trends.




Potential Outcomes:

1. Increased demand leads to price surge (65%).

2. Macro concerns dampen growth prospects (30%).

3. New product launches drive optimism (50%).

4. Competitive pressures reduce margins (40%).

5. Operational improvements boost performance (55%).




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October 09, 2024


Flex Forecast

FLEX        Flex











Correlated Assets

Assets that tend to move strongly with FLEX



JCI Forecast + Options Trading Strategies   JCI  Registered Shares (0.87)


PWR Forecast + Options Trading Strategies   PWR  Quanta Services (0.87)


DFEN Forecast + Options Trading Strategies   DFEN  Direxion Daily Aerospace & Defense Bull 3X Shares (0.87)


HASI Forecast + Options Trading Strategies   HASI  Hannon Armstrong Sustainable Infrastructure (0.86)


ONON Forecast + Options Trading Strategies   ONON  On (0.86)



Uncorrelated Assets

Assets with little price relationship to FLEX



VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (0.0)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (-0.0)


FROG Forecast + Options Trading Strategies   FROG  JFrog (0.0)


ITW Forecast + Options Trading Strategies   ITW  Illinois Tool Works (-0.0)


EWH Forecast + Options Trading Strategies   EWH  BlackRock Institutional Trust Company N.A. - iShares MSCI Hong Kong (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against FLEX



UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.79)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.79)


TDC Forecast + Options Trading Strategies   TDC  Teradata (-0.79)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.82)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.83)









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