GOOS Forecast + Trading Strategies


Bullish Case: GOOS's high bullish risk (93% more than bearish) and bullish AI price forecast of +1.12% signals potential upside. Long call spreads or bullish short volatility spreads could capitalize on this sentiment.


Bearish Case: Continued long-term downtrend (-67.3% over 5 years) and short-term volatility indicate risk of further decline. Bearish short volatility spreads or long put spreads could be profitable.


Potential Outcomes:

1) Mean reversion with slight price recovery: 40%.

2) Continuation of long-term downtrend: 50%.

3) Sideways movement: 10%. These probabilities derive from historical mean reversion and ongoing bearish sentiment.


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June 30, 2024


Canada Goose Holdings Inc (Subord Vot Shs) Forecast

GOOS      Canada Goose Holdings Inc (Subord Vot Shs)











Correlated Assets

Assets that tend to move strongly with GOOS



VFC Forecast + Options Trading Strategies   VFC  VF (0.39)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.21)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.11)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.03)



Uncorrelated Assets

Assets with little price relationship to GOOS



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.03)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.11)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.21)


VFC Forecast + Options Trading Strategies   VFC  VF (0.39)



Anticorrelated Assets

Assets that tend to move strongly against GOOS



VFC Forecast + Options Trading Strategies   VFC  VF (0.39)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.21)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.11)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.03)





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