Bullish Case: MYRG has exhibited robust historical returns with steady upward trends. Similarly, recent AI forecasts imply neutral-to-positive growth, indicating stable company performance.


Bearish Case: Helium's higher implied volatility compared to market signals increased uncertainty. Insider trading losses and legislative challenges could hinder investor confidence.


Potential Outcomes:

1. Renewed interest in infrastructure and clean energy (55%).

2. Adverse impact from legislative barriers or economic downturn (30%).

3. Neutral trend continues with mean-reverting price action (15%).


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April 04, 2024


MYR Forecast

MYRG        MYR
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with MYRG



VTWO Forecast + Options Trading Strategies   [VTWO]  Vanguard Russell 2000 Index (0.91)


UWM Forecast + Options Trading Strategies   [UWM]  ProShares Ultra Russell2000 (0.91)


ARHS Forecast + Options Trading Strategies   [ARHS]  Arhaus (0.9)


QRVO Forecast + Options Trading Strategies   [QRVO]  Qorvo (0.9)


HOOD Forecast + Options Trading Strategies   [HOOD]  Robinhood Markets (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to MYRG



ILMN Forecast + Options Trading Strategies   [ILMN]  Illumina (-0.0)


PTEN Forecast + Options Trading Strategies   [PTEN]  Patterson-UTI Energy (-0.0)


NEP Forecast + Options Trading Strategies   [NEP]  NextEra Energy (0.0)


EXAS Forecast + Options Trading Strategies   [EXAS]  Exact Sciences (0.0)


WTRG Forecast + Options Trading Strategies   [WTRG]  Essential Utilities (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MYRG



SDOW Forecast + Options Trading Strategies   [SDOW]  ProShares UltraPro Short Dow30 (-0.81)


DXD Forecast + Options Trading Strategies   [DXD]  ProShares UltraShort Dow30 (-0.81)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (-0.81)


SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (-0.9)


TZA Forecast + Options Trading Strategies   [TZA]  Direxion Daily Small Cap Bear 3X Shares (-0.9)





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