PARAA Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Expect continued recovery in streaming profits alongside potential mergers, enhancing content strategies. Historical returns indicate higher likelihood of positive gains in the long-run, particularly if acquisitions align with growth strategies.




Bearish Case: High debt and ongoing layoffs pose significant risks. Failed mergers or operational challenges could further depress stock price. Historical data suggests increased volatility in bad economic conditions.




Potential Outcomes:

1. 60% chance of successful merger with Skydance, boosting price by over 20%.

2. 30% risk of regulatory issues delaying merger, resulting in declines of about 15%.

3. 10% chance of unforeseen operational challenges impacting profitability negatively, leading to an additional 10% drop.




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November 17, 2024


Paramount Global - Forecast

PARAA        Paramount Global -











Correlated Assets

Assets that tend to move strongly with PARAA



OII Forecast + Options Trading Strategies   OII  Oceaneering International (0.64)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.63)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.61)


HBAN Forecast + Options Trading Strategies   HBAN  Huntington Bancshares (0.61)


SHW Forecast + Options Trading Strategies   SHW  Sherwin-Williams (0.6)



Uncorrelated Assets

Assets with little price relationship to PARAA



UNIT Forecast + Options Trading Strategies   UNIT  Uniti (0.0)


THO Forecast + Options Trading Strategies   THO  Thor Industries (-0.0)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.0)


SBAC Forecast + Options Trading Strategies   SBAC  SBA Communications (0.0)


EWY Forecast + Options Trading Strategies   EWY  iShares MSCI South Korea (0.0)



Anticorrelated Assets

Assets that tend to move strongly against PARAA



WEAT Forecast + Options Trading Strategies   WEAT  Teucrium Wheat (-0.47)


CVAC Forecast + Options Trading Strategies   CVAC  CureVac (-0.47)


CSIQ Forecast + Options Trading Strategies   CSIQ  Canadian Solar (-0.48)


FIVE Forecast + Options Trading Strategies   FIVE  Five Below (-0.51)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.54)









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