Bullish Case: PPC demonstrates a strong uptrend over long periods, suggesting investor confidence. Flat term structure implies steady volatility, indicating potential for continued growth as market factors may already be priced in.


Bearish Case: Current PPC price near local mean, implies potential for reversion to lower levels. Term structure stability suggests little anticipated catalysts for significant upside, with high odds of flat or negative price action.


Potential Outcomes:

1. 60% chance of slight growth due to stable term structure, historic uptrend, and mean reversion.

2. 30% chance of modest decline aligning with historical mean reversion.

3. 10% chance of flat movement with low trading volume.


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


February 23, 2024


Pilgrim's Pride Forecast

[PPC]  Pilgrim's Pride
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)



Make More Profitable Trades with PPC Forecasts + Trading Strategies







PPC Balanced News:


Sort By:                     















Correlated Stock Forecasts

Assets that tend to move strongly with PPC



LDOS Forecast + Options Trading Strategies   [LDOS]  Leidos (0.89)


ROST Forecast + Options Trading Strategies   [ROST]  Ross Stores (0.88)


AROC Forecast + Options Trading Strategies   [AROC]  Archrock (0.88)


ORI Forecast + Options Trading Strategies   [ORI]  Old Republic International (0.88)


QTWO Forecast + Options Trading Strategies   [QTWO]  Q2 (0.87)



Uncorrelated Stock Forecasts

Assets with little price relationship to PPC



DIS Forecast + Options Trading Strategies   [DIS]  Walt Disney (0.0)


CNXC Forecast + Options Trading Strategies   [CNXC]  Concentrix (-0.0)


FLNC Forecast + Options Trading Strategies   [FLNC]  Fluence Energy (-0.0)


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


REZI Forecast + Options Trading Strategies   [REZI]  Resideo (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PPC



MAXN Forecast + Options Trading Strategies   [MAXN]  Maxeon Solar (-0.79)


VXX Forecast + Options Trading Strategies   [VXX]  iPath Series B S&P 500 VIX Short-Term Futures (-0.79)


FAZ Forecast + Options Trading Strategies   [FAZ]  Direxion Daily Financial Bear 3x Shares (-0.79)


UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.79)


VIXM Forecast + Options Trading Strategies   [VIXM]  ProShares VIX Mid-Term Futures (-0.81)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!