GTES Forecast + Trading Strategies


Bullish Case: Insider buying and positive analyst ratings suggest upside potential. The historical return graph indicates a high likelihood of positive returns for longer holding periods.


Bearish Case: Mean-reverting price action and declining revenues indicate limited upside. High implied volatility in lower strikes suggests downside risks.


Potential Outcomes:

1. Flat trend continuation (60%),

2. Short-term rally due to insider buying (25%),

3. Extended downturn on negative revenue/trading volume trends (15%). Previous predictions largely accurate.


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July 23, 2024


Gates Industrial Forecast

GTES      Gates Industrial











Correlated Assets

Assets that tend to move strongly with GTES



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.9)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.55)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.6)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)



Uncorrelated Assets

Assets with little price relationship to GTES



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.55)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.6)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.9)



Anticorrelated Assets

Assets that tend to move strongly against GTES



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.9)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.55)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.6)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)





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