Maximize Returns with AI-Powered HELE Trading Strategies



AI HELE Forecast + Trading Strategies


Bullish Case: Weakness in demand for beauty products may prompt Helen of Troy to innovate or diversify, potentially revitalizing sales. Additionally, improving market conditions and high implied volatility may signal significant upside potential.

Bearish Case: Continued poor sales performance in the beauty segment could result in sustained downward pressure on stock prices, especially amid rising competition and market skepticism. Historical trends suggest a risk of deeper declines.

Potential Outcomes:

1. Q3 earnings meet expectations (30% chance).

2. Further guidance cut leading to a drop below $50 (40% chance).

3. Successful product launch driving a reversal towards $70 (30% chance).

Trading Oracle: Implement a bullish call spread: buy the October 2024 $60 calls and sell the $65 calls. High implied volatility favors this strategy, granting potential upside while limiting risk. Target near-term earnings-induced movement for maximum profit.

August 27, 2024


Helen of Troy Forecast

HELE      Helen of Troy

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with HELE


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (0.9)


XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (0.89)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (0.86)


ALGT Forecast + Options Trading Strategies   ALGT  Allegiant Travel (0.86)


XRX Forecast + Options Trading Strategies   XRX  Xerox (0.86)



Uncorrelated Assets

Assets with little price relationship to HELE


BITO Forecast + Options Trading Strategies   BITO  ProShares Bitcoin Strategy (-0.0)


SNY Forecast + Options Trading Strategies   SNY  Sanofi (0.0)


CFR Forecast + Options Trading Strategies   CFR  Cullen Frost Bankers (-0.0)


AGNC Forecast + Options Trading Strategies   AGNC  AGNC Investment (0.01)


PTC Forecast + Options Trading Strategies   PTC  PTC (0.01)



Anticorrelated Assets

Assets that tend to move strongly against HELE


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.72)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.73)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.73)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.74)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.79)


HELE News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.



Become a more profitable investor with AI optimized trading strategies





×

Chat with HELE


 Ask any question about HELE!