MOO Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong agribusiness demand may lead MOO prices toward $80, fueled by elevated call option trading and historical performance showing robust returns over medium-term horizons. Positive sentiment persists despite current volatility.




Bearish Case: Risks from increasing market uncertainty and high volatility levels could push MOO down towards $65, as historical trends indicate significant probability for declines amidst adverse economic conditions impacting agribusiness.




Potential Outcomes:

1. Stable prices with low volatility (30%);

2. Gradual rise towards $75 (25%);

3. Decline to $65 (20%);

4. Quick surge to $80+ (15%);

5. Drop below $60 (10%).




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November 19, 2024


VanEck Vectors Agribusiness Forecast

MOO        VanEck Vectors Agribusiness











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