Bullish Case: NVEC's ties with AI and semiconductors favor growth amidst tech sector investments, despite moderate recent mean reversion.


Bearish Case: Historical price returns indicate potential downside risks, with likelihood of further mean reversion and external market pressures.


Potential Outcomes:

1. Tech sector growth boosts NVEC: 65%, given industry trends;

2. Economic uncertainty affects NVEC: 35%, reflecting market volatility.


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April 11, 2024


NVE Forecast

NVEC        NVE
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with NVEC



HYLN Forecast + Options Trading Strategies   [HYLN]  Hyliion (0.81)


NNOX Forecast + Options Trading Strategies   [NNOX]  Nano X Imaging (0.8)


VYGR Forecast + Options Trading Strategies   [VYGR]  Voyager Therapeutics (0.79)


XFOR Forecast + Options Trading Strategies   [XFOR]  X4 Pharmaceuticals (0.77)


FTNT Forecast + Options Trading Strategies   [FTNT]  Fortinet (0.75)



Uncorrelated Stock Forecasts

Assets with little price relationship to NVEC



ING Forecast + Options Trading Strategies   [ING]  ING Groep (0.0)


TREX Forecast + Options Trading Strategies   [TREX]  TREX Co. (-0.0)


MAS Forecast + Options Trading Strategies   [MAS]  Masco (0.0)


HMC Forecast + Options Trading Strategies   [HMC]  Honda Motor (-0.0)


SPXS Forecast + Options Trading Strategies   [SPXS]  Direxion Daily S&P 500 Bear 3X Shares (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NVEC



ATGE Forecast + Options Trading Strategies   [ATGE]  Adtalem Global Education (-0.57)


UVIX Forecast + Options Trading Strategies   [UVIX]  VS Trust - 2x Long VIX Futures (-0.64)


TDS Forecast + Options Trading Strategies   [TDS]  Telephone And Data Systems (-0.65)


ARLP Forecast + Options Trading Strategies   [ARLP]  Alliance Resource (-0.71)


LNG Forecast + Options Trading Strategies   [LNG]  Cheniere Energy (-0.73)


NVEC News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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