OMI Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased demand for OMI through strategic acquisitions could elevate investor confidence. Historical performance indicates high returns over longer holding periods, potentially driving positive price action as market sentiment improves.




Bearish Case: High implied volatility signals significant downside risks. Continued fluctuations in market sentiment combined with historical patterns of low returns in short holding periods may pressure OMI prices downward, especially as earnings reports approach.




Potential Outcomes:

1) 40%: Bearish market trend due to high volatility and insider selling.

2) 30%: Neutral performance, average returns expected.

3) 30%: Moderate bullish sentiment spurred by seasonal demand and strategic growth.




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



October 01, 2024


Owens & Minor Forecast

OMI        Owens & Minor











Correlated Assets

Assets that tend to move strongly with OMI



BLMN Forecast + Options Trading Strategies   BLMN  Bloomin Brands (0.88)


NICE Forecast + Options Trading Strategies   NICE  NICE (0.88)


BGS Forecast + Options Trading Strategies   BGS  B&G Foods (0.87)


ZBH Forecast + Options Trading Strategies   ZBH  Zimmer Biomet (0.87)


LZ Forecast + Options Trading Strategies   LZ  LegalZoom.com (0.86)



Uncorrelated Assets

Assets with little price relationship to OMI



SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (0.0)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (0.0)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (0.0)


CAT Forecast + Options Trading Strategies   CAT  Caterpillar (-0.0)


IJH Forecast + Options Trading Strategies   IJH  BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap (0.0)



Anticorrelated Assets

Assets that tend to move strongly against OMI



OHI Forecast + Options Trading Strategies   OHI  Omega Healthcare Investors (-0.74)


ATGE Forecast + Options Trading Strategies   ATGE  Adtalem Global Education (-0.74)


CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (-0.75)


PAYO Forecast + Options Trading Strategies   PAYO  Payoneer (-0.76)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (-0.79)









Become a more profitable investor with AI optimized trading strategies






×

Chat with OMI


 Ask any question about OMI!