Bullish Case: Increasing institutional investment implies confidence, and a historical rebound trend suggests potentially undervalued stock ripe for gains.


Bearish Case: Insider sales and ongoing competition issues highlight potential risks, indicating possible continued underperformance.


Potential Outcomes:

1. Historical resilience leads to profit (40%).

2. Insider sales cause dip (35%).

3. Competition hurdles prevail (25%).


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April 02, 2024


Model N Forecast

MODN        Model N
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with MODN



BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (0.88)


VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (0.85)


ALK Forecast + Options Trading Strategies   ALK  Alaska Air (0.85)


SILK Forecast + Options Trading Strategies   SILK  Silk Road Medical (0.84)


CNHI Forecast + Options Trading Strategies   CNHI  CNH Industrial (0.84)



Uncorrelated Stock Forecasts

Assets with little price relationship to MODN



XLI Forecast + Options Trading Strategies   XLI  Industrial Select Sector SPDR (-0.0)


UNM Forecast + Options Trading Strategies   UNM  Unum (-0.0)


RDNT Forecast + Options Trading Strategies   RDNT  Radnet (-0.0)


CASH Forecast + Options Trading Strategies   CASH  Meta Financial (-0.0)


PNC Forecast + Options Trading Strategies   PNC  PNC Financial Services (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MODN



NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.73)


CME Forecast + Options Trading Strategies   CME  CME (-0.74)


OLMA Forecast + Options Trading Strategies   OLMA  Olema Pharmaceuticals (-0.75)


HDSN Forecast + Options Trading Strategies   HDSN  Hudson Technologies (-0.78)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.79)





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