PATH Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Growing demand for automation solutions and increasing institutional interest, as evidenced by rising implied volatility, suggests a potential rebound for PATH as it leverages AI innovations, driving a positive upward momentum.




Bearish Case: Ongoing legal challenges and high competition could undermine PATH's market position, reflected in elevated implied volatility and historical returns that indicate a significant risk of downside movement in the near term.




Potential Outcomes:

1. Sustained demand for automation solutions (60%);

2. Increased legal challenges hinder growth (25%);

3. Volatile market conditions impact overall performance (15%).




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November 03, 2024


UiPath Forecast

PATH        UiPath











Correlated Assets

Assets that tend to move strongly with PATH



MDB Forecast + Options Trading Strategies   MDB  MongoDB (0.91)


U Forecast + Options Trading Strategies   U  Unity Software (0.9)


RHI Forecast + Options Trading Strategies   RHI  Robert Half International (0.89)


MSM Forecast + Options Trading Strategies   MSM  MSC Industrial Direct Co. (0.88)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (0.87)



Uncorrelated Assets

Assets with little price relationship to PATH



TRMB Forecast + Options Trading Strategies   TRMB  Trimble (-0.0)


CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (0.0)


GSK Forecast + Options Trading Strategies   GSK  Glaxosmithkline (0.0)


EPR Forecast + Options Trading Strategies   EPR  EPR Properties (-0.0)


PDD Forecast + Options Trading Strategies   PDD  Pinduoduo (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PATH



GSL Forecast + Options Trading Strategies   GSL  Global Ship Lease (-0.79)


IMMR Forecast + Options Trading Strategies   IMMR  Immersion (-0.8)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (-0.8)


FSLR Forecast + Options Trading Strategies   FSLR  First Solar (-0.82)


GERN Forecast + Options Trading Strategies   GERN  Geron (-0.83)









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