KAR Forecast


Bullish Case: KAR could see a positive turnaround driven by potential volatility underestimation and mean reversion, with bullish long-term returns likely based on historical trends.


Bearish Case: The high implied volatility and recent downward trends suggest potential downward pressure, indicating increased risk of further declines.


Potential Outcomes:

1. Price stability around $16 (probability: 40%).

2. Short-term decline to $15 (probability: 30%).

3. Potential rally to $18 driven by volatility (probability: 30%). Predictions derive from volatility surfaces, return trends, and current market behaviors.


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June 23, 2024


KAR Auction Services Forecast

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