GLYC Forecast


Bullish Case: GLYC features a drastic rise in insider buying, significant unmet needs in AML treatment, and potential success in a National Cancer Institute trial could drive a turnaround. Notably, primary refractory AML shows marked survival benefits.


Bearish Case: The median overall survival in the Phase 3 trial was statistically insignificant, the stock has plummeted post-trial failure, current AI price forecast is bearish, and long-term returns have been overwhelmingly negative.


Potential Outcomes: Potential success in NCI trials (15%) could spurt a positive turnaround. Continued negative trial results (50%) will likely trigger further declines. Stable but volatile trading with minor upside gains (35%) given flat recent price action.


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June 27, 2024


GlycoMimetics Forecast

GLYC      GlycoMimetics











Correlated Assets

Assets that tend to move strongly with GLYC



ULTA Forecast + Options Trading Strategies   ULTA  Ulta Beauty (0.88)


WEAV Forecast + Options Trading Strategies   WEAV  Weave Communications (0.87)


SPT Forecast + Options Trading Strategies   SPT  Sprout Social (0.85)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (0.84)


CRI Forecast + Options Trading Strategies   CRI  Carters (0.83)



Uncorrelated Assets

Assets with little price relationship to GLYC



VLO Forecast + Options Trading Strategies   VLO  Valero Energy (-0.0)


BVS Forecast + Options Trading Strategies   BVS  Bioventus (-0.0)


FCNCA Forecast + Options Trading Strategies   FCNCA  First Citizens Bancshares, Inc (NC) (-0.0)


TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (-0.0)


TEVA Forecast + Options Trading Strategies   TEVA  Teva- Pharmaceutical Industries (0.0)



Anticorrelated Assets

Assets that tend to move strongly against GLYC



EQT Forecast + Options Trading Strategies   EQT  EQT (-0.69)


KWEB Forecast + Options Trading Strategies   KWEB  KraneShares CSI China Internet (-0.69)


QID Forecast + Options Trading Strategies   QID  ProShares UltraShort QQQ (-0.7)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.72)


NVAX Forecast + Options Trading Strategies   NVAX  Novavax (-0.74)





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