NVS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Recent FDA approvals, a strong pipeline, and a substantial U.S. investment drive potential growth. Implied volatility term structure suggests potential stability and a bullish risk profile supports optimism.




Bearish Case: Patent expirations, ongoing legal challenges, and competitive pressures may hinder earnings. Backwardation in the term structure suggests near-term uncertainty.




Potential Outcomes:
  • FDA approvals enhance growth (60%)
  • Legal/patent challenges limit gains (30%)
  • Unexpected market pressures (10%)



May 10, 2025


Novartis Forecast

NVS        Novartis











Correlated Assets

Assets that tend to move strongly with NVS



SNY Forecast + Options Trading Strategies   SNY  Sanofi (0.82)


O Forecast + Options Trading Strategies   O  Realty Income (0.8)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (0.79)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (0.78)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (0.77)



Uncorrelated Assets

Assets with little price relationship to NVS



ETNB Forecast + Options Trading Strategies   ETNB  89bio (0.0)


DFEN Forecast + Options Trading Strategies   DFEN  Direxion Daily Aerospace & Defense Bull 3X Shares (0.0)


INTU Forecast + Options Trading Strategies   INTU  Intuit (0.01)


PPL Forecast + Options Trading Strategies   PPL  PPL (-0.01)


SMG Forecast + Options Trading Strategies   SMG  Scotts Miracle-Gro (0.01)



Anticorrelated Assets

Assets that tend to move strongly against NVS



LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (-0.67)


VAC Forecast + Options Trading Strategies   VAC  Marriott Vacations Worldwide (-0.68)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (-0.72)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (-0.75)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.8)









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