MNRO Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong adoption of EVs can lead to increased demand for maintenance services, supporting revenue growth for MNRO, particularly as used car sales rise. Historical returns indicate potential for upward price correction.




Bearish Case: Persistent economic challenges, rising competition in the auto repair market, and high operational costs may continue to depress MNRO’s stock performance, evidenced by its recent underperformance.




Potential Outcomes:

1. 55% chance of gradual recovery fueled by increased vehicle demand.

2. 30% chance of stagnation due to economic headwinds.

3. 15% chance of significant declines triggered by regulatory changes affecting the industry.




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November 03, 2024


Monro Forecast

MNRO        Monro











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Assets that tend to move strongly with MNRO



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OI Forecast + Options Trading Strategies   OI  O-I Glass (0.83)


GPN Forecast + Options Trading Strategies   GPN  Global Payments (0.83)


EPAM Forecast + Options Trading Strategies   EPAM  EPAM Systems (0.82)


DBRG Forecast + Options Trading Strategies   DBRG  DigitalBridge (0.82)



Uncorrelated Assets

Assets with little price relationship to MNRO



SLNO Forecast + Options Trading Strategies   SLNO  Soleno Therapeutics (-0.0)


RJF Forecast + Options Trading Strategies   RJF  Raymond James Financial (0.0)


XLRE Forecast + Options Trading Strategies   XLRE  Real Estate Select Sector SPDR (-0.0)


H Forecast + Options Trading Strategies   H  Hyatt Hotels (-0.0)


ABBV Forecast + Options Trading Strategies   ABBV  Abbvie (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against MNRO



BJ Forecast + Options Trading Strategies   BJ  BJ's Wholesale Club (-0.66)


FUTU Forecast + Options Trading Strategies   FUTU  Futu (-0.66)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.71)


BILI Forecast + Options Trading Strategies   BILI  Bilibili (-0.72)


NVAX Forecast + Options Trading Strategies   NVAX  Novavax (-0.74)









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