AI PRCT Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: PRCT's expanding market presence, driven by recent FDA approvals and technological advancements, positions it for revenue growth. The current implied volatility suggests potential for upward price action as investor sentiment improves.


Bearish Case: Persistent insider selling and high implied volatility indicate that market participants may expect headwinds ahead. Potential underperformance relative to earnings expectations could further pressure stock prices.


Potential Outcomes:

1. Strong revenue growth (30%);

2. Disappointing earnings (20%);

3. Stable share price amid existing market conditions (25%);

4. Increased installation base and market expansion (25%).


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August 28, 2024


Procept BioRobotics Forecast

PRCT      Procept BioRobotics











Correlated Assets

Assets that tend to move strongly with PRCT



BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.96)


NTRA Forecast + Options Trading Strategies   NTRA  Natera (0.96)


XYL Forecast + Options Trading Strategies   XYL  Xylem (0.95)


AXP Forecast + Options Trading Strategies   AXP  American Express (0.95)


ADMA Forecast + Options Trading Strategies   ADMA  Adma Biologics (0.95)



Uncorrelated Assets

Assets with little price relationship to PRCT



ENVX Forecast + Options Trading Strategies   ENVX  Enovix (-0.0)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (-0.0)


CHK Forecast + Options Trading Strategies   CHK  Chesapeake Energy (0.01)


HES Forecast + Options Trading Strategies   HES  Hess (-0.01)


MERC Forecast + Options Trading Strategies   MERC  Mercer International (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PRCT



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.92)


FWRD Forecast + Options Trading Strategies   FWRD  Forward Air (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.93)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)





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