Bullish Case: GOOS displays higher bullish risk, with the market sentiment leaning positive despite historical declines. Recent price recovery suggests undervaluing, offering a potential upside convergence to a fairer market valuation.


Bearish Case: Continued historical downtrend and recent price depreciation indicate persistent bearish sentiment. With significant declines across various time frames, recovery remains weak against broader market headwinds.


Potential Outcomes:

1) Price recovery as market corrects recent oversell - 30%.

2) Further decline amidst ongoing sentiment and market trends - 50%.

3) Sideways movement due to uncertainty in market perception - 20%.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 25, 2024


Canada Goose Holdings Inc (Subord Vot Shs) Forecast

GOOS        Canada Goose Holdings Inc (Subord Vot Shs)
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with GOOS



ALGM Forecast + Options Trading Strategies   ALGM  Allegro Microsystems (0.91)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (0.91)


DIN Forecast + Options Trading Strategies   DIN  Dine Brands (0.9)


MLCO Forecast + Options Trading Strategies   MLCO  Melco Resorts & Entertainment (0.89)


UL Forecast + Options Trading Strategies   UL  Unilever (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to GOOS



EQT Forecast + Options Trading Strategies   EQT  EQT (0.0)


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


ETR Forecast + Options Trading Strategies   ETR  Entergy (0.0)


JMIA Forecast + Options Trading Strategies   JMIA  Jumia Technologies Ag (-0.0)


JKHY Forecast + Options Trading Strategies   JKHY  Jack Henry & Associates (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GOOS



CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.81)


UEC Forecast + Options Trading Strategies   UEC  Uranium Energy (-0.81)


AFL Forecast + Options Trading Strategies   AFL  Aflac (-0.83)


LPG Forecast + Options Trading Strategies   LPG  Dorian LPG (-0.85)


CCJ Forecast + Options Trading Strategies   CCJ  Cameco (-0.87)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GOOS


 Ask any question about GOOS!