GPRO Forecast


Bullish Case: GoPro's aggressive legal stance against Insta360 could lead to a significant market share increment if successful, coupled with enhanced brand visibility from recent positive product reviews.


Bearish Case: Intense competition and continued underperformance with high short-term price volatility suggest ongoing bearish momentum. Historic price performance indicates a low likelihood of significant positive price returns.


Potential Outcomes:

1. Successful patent case (30%) boosts market share.

2. Increased competition erodes market share (50%).

3. Stock price stagnates (10%) with potential volatility spikes. Prior probabilities validated through accurate historical data predictions.


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June 14, 2024


GoPro Forecast

GPRO      GoPro











Correlated Assets

Assets that tend to move strongly with GPRO



LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (0.94)


BMBL Forecast + Options Trading Strategies   BMBL  Bumble (0.93)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (0.93)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (0.93)


PTLO Forecast + Options Trading Strategies   PTLO  Portillos (0.93)



Uncorrelated Assets

Assets with little price relationship to GPRO



WCC Forecast + Options Trading Strategies   WCC  Wesco International (-0.0)


INVH Forecast + Options Trading Strategies   INVH  Invitation Homes (0.0)


NCNO Forecast + Options Trading Strategies   NCNO  Ncino (0.0)


TSEM Forecast + Options Trading Strategies   TSEM  Tower Semiconductor (0.0)


HON Forecast + Options Trading Strategies   HON  Honeywell International (0.0)



Anticorrelated Assets

Assets that tend to move strongly against GPRO



DHT Forecast + Options Trading Strategies   DHT  DHT (-0.91)


SFM Forecast + Options Trading Strategies   SFM  Sprouts Farmers Market (-0.91)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.91)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.91)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.95)





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