NVMI Forecast


Bullish Case: NVMI has solid historical returns and currently exhibits strong bullish sentiment as per Helium's AI forecast and the relative likelihood of high returns on the historical price return surface.


Bearish Case: Near-term uncertainty and flat options term structure, combined with potential competition and economic headwinds, may impede NVMI growth.


Potential Outcomes: Increased tech demand (60%), major competitor disruption (20%), and geopolitical tensions causing market volatility (20%).


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June 20, 2024


Nova Forecast

NVMI      Nova











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Assets that tend to move strongly with NVMI



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APH Forecast + Options Trading Strategies   APH  Amphenol (0.98)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.98)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.98)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.98)



Uncorrelated Assets

Assets with little price relationship to NVMI



MDLZ Forecast + Options Trading Strategies   MDLZ  Mondelez International (-0.0)


EDV Forecast + Options Trading Strategies   EDV  Vanguard Group, Inc. - Vanguard Extended Duration Treasury (0.0)


ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (0.0)


SMAR Forecast + Options Trading Strategies   SMAR  Smartsheet (-0.0)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.0)



Anticorrelated Assets

Assets that tend to move strongly against NVMI



SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.93)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.93)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.96)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)





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