PRAA Forecast


Bullish Case: Short-term bullish signals from AI forecast, recent modest gains, and possibility for AI advancements to drive demand. Rising competition could compel innovation, not retreat.


Bearish Case: Recent price decline, longer-term negative performance, and sector volatility may continue to overshadow immediate AI adoption optimism and any positive forecast.


Potential Outcomes: AI adoption and tech partnerships could revitalize PRAA (35%); sector challenges and possible regulatory headwinds persist, limiting upside (40%); unexpected breakthroughs or strategic moves provide potential but speculative gains (25%).


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April 16, 2024


PRA Forecast

PRAA        PRA
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with PRAA



CM Forecast + Options Trading Strategies   CM  Canadian Imperial Bank Of Commerce (0.92)


UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (0.9)


SCI Forecast + Options Trading Strategies   SCI  Service Corp. International (0.89)


OMF Forecast + Options Trading Strategies   OMF  OneMain (0.89)


AXP Forecast + Options Trading Strategies   AXP  American Express (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to PRAA



AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.0)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (0.0)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (-0.0)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.0)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PRAA



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.8)


DRV Forecast + Options Trading Strategies   DRV  Direxion Daily Real Estate Bear 3X Shares (-0.83)


SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.83)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.91)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.91)





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