NOMD Forecast


Bullish Case: NOMD's recent 10.2% price surge in a week, high call volume, and stable long-term historical returns suggest potential upward momentum. Mean-reverting price action could indicate a rebound to higher trading ranges.


Bearish Case: High implied volatility, ongoing mean reversion, negative recent price returns, and lack of bullish analyst revisions suggest downward pressure. Significant institutional selling could amplify negative sentiment.


Potential Outcomes:

1. Continued mean reversion downward (-1.9% from 90 days, 60%)

2. Short-term rebound due to recent price surge (+10.2% from a week, 30%)

3. Sideways movement due to neutral Helium AI forecast (+0.05%, 10%).


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July 17, 2024


Nomad Foods Forecast

NOMD      Nomad Foods











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Uncorrelated Assets

Assets with little price relationship to NOMD



ALGM Forecast + Options Trading Strategies   ALGM  Allegro Microsystems (0.0)


DAR Forecast + Options Trading Strategies   DAR  Darling Ingredients (-0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (-0.0)


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Anticorrelated Assets

Assets that tend to move strongly against NOMD



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.74)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.74)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.74)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.75)


HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (-0.79)





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