MEC Forecast


Bullish Case: MEC's robust revenue growth and strong operating leverage, combined with low market volatility, create optimism for price increases, especially with upcoming project launches that can drive demand.


Bearish Case: Persistent macroeconomic uncertainties and softening demand in key markets could lead to increased fluctuations in stock price, especially given high implied volatility evident in options trading.


Potential Outcomes:

1. Continued growth (50%): Strong project launches lead to sustained revenue increase.

2. Demand stabilization (30%): Demand flattens, stabilizing stock around $19-20.

3. Economic downturn (20%): Escalating economic issues trigger price drop below $17.


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July 24, 2024


Mayville Engineering Forecast

MEC      Mayville Engineering











Correlated Assets

Assets that tend to move strongly with MEC



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.77)



Uncorrelated Assets

Assets with little price relationship to MEC



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.77)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)



Anticorrelated Assets

Assets that tend to move strongly against MEC



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.77)





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