Bullish Case: LGIH's strong historical return profile and recent uptick in option trading volume hint at an undervalued stock, primed for bullish momentum despite short-term declines.


Bearish Case: LGIH's negative performance over a week and month paired with flat implied volatility term structure supports further downside potential.


Potential Outcomes:

1) Modest uptick: 30% chance, with neutral AI forecast.

2) Continued short-term decline: 40%, aligning with recent downturn.

3) Volatility spike: 30%, indicated by implied volatility discrepancy.


Trading Oracle: Sign Up to access trading oracle trade ideas.


February 22, 2024


LGI Homes Forecast

[LGIH]  LGI Homes
Price Forecast: NEUTRAL    Price Action: RANDOM (?)



Make More Profitable Trades with LGIH Forecasts + Trading Strategies







LGIH Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with LGIH



LPX Forecast + Options Trading Strategies   [LPX]  Louisiana-Pacific (0.89)


CWH Forecast + Options Trading Strategies   [CWH]  Camping World (0.85)


CPA Forecast + Options Trading Strategies   [CPA]  Copa (0.85)


BOTZ Forecast + Options Trading Strategies   [BOTZ]  Global X Funds Global X Robotics & Artificial Intelli (0.84)


INVH Forecast + Options Trading Strategies   [INVH]  Invitation Homes (0.84)



Uncorrelated Stock Forecasts

Assets with little price relationship to LGIH



INFN Forecast + Options Trading Strategies   [INFN]  Infinera (-0.0)


ZTO Forecast + Options Trading Strategies   [ZTO]  ZTO Express (Cayman) (0.0)


BLUE Forecast + Options Trading Strategies   [BLUE]  Bluebird bio (-0.0)


QURE Forecast + Options Trading Strategies   [QURE]  uniQure (0.0)


INCY Forecast + Options Trading Strategies   [INCY]  Incyte (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against LGIH



HPK Forecast + Options Trading Strategies   [HPK]  HighPeak Energy (-0.67)


DOG Forecast + Options Trading Strategies   [DOG]  ProShares Short Dow30 (-0.68)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.69)


TWM Forecast + Options Trading Strategies   [TWM]  ProShares UltraShort Russell2000 (-0.72)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.73)


LGIH 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.

Most Recent LGIH News






Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!