Bullish Case: IO102-IO103's strong efficacy signals and breakthrough designation, upcoming interim results, and strengthened financial position could signal potential price appreciation upon positive trial outcomes.


Bearish Case: Recent financial loss, declining stock performance, and high clinical risks may lead to further depreciation if upcoming trial results disappoint or market conditions deteriorate.


Potential Outcomes: 40% chance of bullish rally on positive interim results Q3 2024, 35% likelihood of further decline on adverse data or financial concerns, 25% probability of continued volatility due to market uncertainty.


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April 11, 2024


IO Biotech Forecast

IOBT        IO Biotech
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with IOBT



SJM Forecast + Options Trading Strategies   [SJM]  J.M. Smucker (0.84)


ILMN Forecast + Options Trading Strategies   [ILMN]  Illumina (0.83)


TTC Forecast + Options Trading Strategies   [TTC]  Toro (0.82)


IPG Forecast + Options Trading Strategies   [IPG]  Interpublic Group Of Cos. (0.81)


BMEA Forecast + Options Trading Strategies   [BMEA]  Biomea Fusion (0.81)



Uncorrelated Stock Forecasts

Assets with little price relationship to IOBT



AMKR Forecast + Options Trading Strategies   [AMKR]  AMKOR Technology (0.0)


HEI Forecast + Options Trading Strategies   [HEI]  Heico (0.0)


MCB Forecast + Options Trading Strategies   [MCB]  Metropolitan (0.0)


NGD Forecast + Options Trading Strategies   [NGD]  New Gold (0.01)


CTLT Forecast + Options Trading Strategies   [CTLT]  Catalent (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against IOBT



CQP Forecast + Options Trading Strategies   [CQP]  Cheniere Energy (-0.74)


TIGR Forecast + Options Trading Strategies   [TIGR]  UP Fintech (-0.74)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.75)


CME Forecast + Options Trading Strategies   [CME]  CME (-0.75)


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.77)





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