AI PTH Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Improved global healthcare sentiment and upcoming biotech events could propel PTH prices above $50, reflecting strong earnings and innovative drug developments.


Bearish Case: Persistent market uncertainty and regulatory pressures may lead PTH to decline towards $30, reflecting fears of industry stagnation and potential failures in biotech pipelines.


Potential Outcomes:

1. Surge to $50 (30%);

2. Maintain at $44 (50%);

3. Drop to $30 (20%). Market sentiment driven by upcoming reports and sector performance influences these probabilities.


Trading Oracle: Utilize a short-term debit spread on PTH, buying a 45-strike call and selling a 50-strike call, targeting upside potential within high volatility. This strategy captures alpha with a favorable risk-reward ratio over a two-month horizon.


September 08, 2024


Invesco Capital Management LLC - Invesco DWA Healthcare Momentum Forecast

PTH      Invesco Capital Management LLC - Invesco DWA Healthcare Momentum











Correlated Assets

Assets that tend to move strongly with PTH



XBI Forecast + Options Trading Strategies   XBI  SPDR Biotech (0.97)


XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (0.96)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (0.96)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.96)


UDOW Forecast + Options Trading Strategies   UDOW  ProShares UltraPro Dow30 (0.93)



Uncorrelated Assets

Assets with little price relationship to PTH



SNY Forecast + Options Trading Strategies   SNY  Sanofi (-0.0)


INSP Forecast + Options Trading Strategies   INSP  Inspire Medical Systems (0.01)


LCII Forecast + Options Trading Strategies   LCII  LCI Industries (-0.01)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (-0.01)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PTH



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.89)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.9)


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


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.97)





Become a more profitable investor with AI optimized trading strategies






×

Chat with PTH


 Ask any question about PTH!