HCA Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: HCA's historical resilience and recent bullish sentiment supported by strong option volume indicate potential for sustained price growth, especially in light of the impending positive earnings reports.




Bearish Case: Ongoing litigation and reputational challenges due to past data breaches pose significant risks, which could negatively impact investor confidence and lead to price declines.




Potential Outcomes:

1. Positive earnings surprise (60%) could lead to stock price increase.

2. Market volatility from litigation outcomes (70%) may result in short-term drops.

3. Strengthened partnerships bolster confidence (50%).

4. Underperformance in outpatient services affects growth negatively (30%).




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October 24, 2024


HCA Healthcare Forecast

HCA        HCA Healthcare











Correlated Assets

Assets that tend to move strongly with HCA



UHS Forecast + Options Trading Strategies   UHS  Universal Health Services (0.97)


HIG Forecast + Options Trading Strategies   HIG  Hartford Financial Services (0.96)


CB Forecast + Options Trading Strategies   CB  Chubb (0.95)


ALC Forecast + Options Trading Strategies   ALC  Alcon (0.95)


LPX Forecast + Options Trading Strategies   LPX  Louisiana-Pacific (0.94)



Uncorrelated Assets

Assets with little price relationship to HCA



BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (-0.0)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (0.0)


SOFI Forecast + Options Trading Strategies   SOFI  SoFi (0.0)


QRVO Forecast + Options Trading Strategies   QRVO  Qorvo (0.0)


SFIX Forecast + Options Trading Strategies   SFIX  Stitch Fix (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against HCA



SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (-0.88)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (-0.88)


VALE Forecast + Options Trading Strategies   VALE  Vale (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.9)


SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.9)









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