MEG Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Potential regulatory catalysts for PFAS treatment services could significantly increase demand for MEG’s offerings, boosting revenues and share prices as operational efficiencies improve through recent acquisitions.




Bearish Case: High levels of debt combined with continued flat price performance raise concerns about MEG's financial stability, potentially leading to further sell-offs if market sentiment turns negative.




Potential Outcomes:
  • Regulatory approvals boosting demand: 30%
  • Debt refinancing success leading to recovery: 25%
  • Continued flat performance due to macroeconomic pressures: 30%
  • Strategic acquisitions enhancing operational efficiency: 15%




Trading Oracle: Consider using a bullish debit spread with MEG 20.00C and 22.50C for a 6-month outlook, as implied volatility suggests upward movement. This strategy capitalizes on market recovery and regulatory boosts, offering a favorable risk-reward profile.



December 12, 2024


Montrose Environmental Forecast

MEG        Montrose Environmental











Correlated Assets

Assets that tend to move strongly with MEG



SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (0.9)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.87)


LRCX Forecast + Options Trading Strategies   LRCX  Lam Research (0.85)


TTEK Forecast + Options Trading Strategies   TTEK  Tetra Tech (0.83)


SMCI Forecast + Options Trading Strategies   SMCI  Super Micro Computer (0.83)



Uncorrelated Assets

Assets with little price relationship to MEG



UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.0)


WFC Forecast + Options Trading Strategies   WFC  Wells Fargo (0.0)


DKL Forecast + Options Trading Strategies   DKL  Delek Logistics Partners LP - Unit (-0.01)


RIOT Forecast + Options Trading Strategies   RIOT  Riot Blockchain (-0.01)


HBM Forecast + Options Trading Strategies   HBM  Hudbay Minerals (0.01)



Anticorrelated Assets

Assets that tend to move strongly against MEG



COMM Forecast + Options Trading Strategies   COMM  CommScope (-0.86)


VRNA Forecast + Options Trading Strategies   VRNA  Verona Pharma (-0.88)


GDYN Forecast + Options Trading Strategies   GDYN  Grid Dynamics (-0.89)


KIM Forecast + Options Trading Strategies   KIM  Kimco Realty (-0.89)


GILD Forecast + Options Trading Strategies   GILD  Gilead Sciences (-0.93)









Become a more profitable investor with AI optimized trading strategies






×

Chat with MEG


 Ask any question about MEG!