Bullish Case: NIO's current low price offers entry point with potential recovery; mean-reverting nature may lead to an upward trend, capturing the growing EV market appetite.


Bearish Case: NIO's significant decline, high volatility, and market placement at the 0th percentile signal ongoing investor skepticism and potential continued underperformance.


Potential Outcomes:

1) EV demand growth leads to stock surge (25%).

2) Continued stagnation amidst market disfavor (50%).

3) External factors cause further decline (25%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 06, 2024


NIO Forecast

NIO        NIO
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with NIO



EXTR Forecast + Options Trading Strategies   [EXTR]  Extreme Networks (0.91)


AEHR Forecast + Options Trading Strategies   [AEHR]  Aehr Test Systems (0.91)


NYCB Forecast + Options Trading Strategies   [NYCB]  New York Community Bancorp (0.9)


BIDU Forecast + Options Trading Strategies   [BIDU]  Baidu (0.89)


IGT Forecast + Options Trading Strategies   [IGT]  International Game Technology (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to NIO



COTY Forecast + Options Trading Strategies   [COTY]  Coty (-0.0)


ADP Forecast + Options Trading Strategies   [ADP]  Automatic Data Processing (-0.0)


CQP Forecast + Options Trading Strategies   [CQP]  Cheniere Energy (-0.0)


MS Forecast + Options Trading Strategies   [MS]  Morgan Stanley (-0.0)


REAL Forecast + Options Trading Strategies   [REAL]  Therealreal (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NIO



HMY Forecast + Options Trading Strategies   [HMY]  Harmony Gold Mining (-0.82)


EVER Forecast + Options Trading Strategies   [EVER]  EverQuote (-0.84)


IDT Forecast + Options Trading Strategies   [IDT]  IDT Corp. - (-0.84)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.85)


WING Forecast + Options Trading Strategies   [WING]  Wingstop (-0.86)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!