HAYW Forecast


Bullish Case: HAYW's mean-reverting historical price action suggests a potential recovery. Attractive valuation and possible favorable market sentiment could drive near-term gains. Helium's model indicates lower implied volatility, which might favor bullish positions.


Bearish Case: High implied volatility and historical negative returns suggest potential further downside. Market uncertainty and recent negative sentiment may continue to hinder HAYW's performance, increasing risk for investors.


Potential Outcomes:

1. HAYW recovery supported by operational leadership changes and market factors (45%).

2. Continued market volatility and setbacks leading to price decline (35%).

3. Stable trading with minor fluctuations (20%).


Trading Oracle: Trading credit spreads (Helium Short Volatility) is recommended to capitalize on high current implied volatility. Focus on bearish credit spreads, targeting strikes slightly OTM (out of the money) with 30-60 days to expiry. This strategy offers high reward-to-risk ratio and high probability-of-profit, leveraging existing market sentiment.


June 25, 2024


Hayward Forecast

HAYW      Hayward











Correlated Assets

Assets that tend to move strongly with HAYW



ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.79)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.72)


SLAB Forecast + Options Trading Strategies   SLAB  Silicon Laboratories (0.66)


WYNN Forecast + Options Trading Strategies   WYNN  Wynn Resorts (0.63)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.61)



Uncorrelated Assets

Assets with little price relationship to HAYW



FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (0.0)


BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (-0.05)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.06)


DLR Forecast + Options Trading Strategies   DLR  Digital Realty (0.06)


SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.06)



Anticorrelated Assets

Assets that tend to move strongly against HAYW



VFC Forecast + Options Trading Strategies   VFC  VF (-0.08)


FL Forecast + Options Trading Strategies   FL  Foot Locker (-0.1)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (-0.13)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.16)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (-0.18)





Become a more profitable investor with AI optimized trading strategies






×

Chat with HAYW


 Ask any question about HAYW!