Bullish Case: Ryder's steady growth over five years, recent positive revision by Fitch, and low P/B ratio imply undervaluation, presenting a bullish stance.


Bearish Case: Flat options term structure and recent flat price action suggest market uncertainty and potential stagnation, aligning with a bearish perspective.


Potential Outcomes: Considering company valuation, market volatility, and AI forecasts, we estimate a 55% likelihood of modest growth, 30% chance of status quo, and 15% of decline.


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


March 27, 2024


Ryder System Forecast

R        Ryder System
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)










Correlated Stock Forecasts

Assets that tend to move strongly with R



CLS Forecast + Options Trading Strategies   CLS  Celestica (0.95)


WDC Forecast + Options Trading Strategies   WDC  Western Digital (0.95)


TT Forecast + Options Trading Strategies   TT  Trane (0.94)


INFA Forecast + Options Trading Strategies   INFA  Informatica (0.94)


HACK Forecast + Options Trading Strategies   HACK  ETFMG Prime Cyber Security (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to R



SIVR Forecast + Options Trading Strategies   SIVR  Aberdeen Standard Physical Silver Shares (-0.0)


HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (-0.0)


BG Forecast + Options Trading Strategies   BG  Bunge (0.0)


PPL Forecast + Options Trading Strategies   PPL  PPL (-0.0)


PLNT Forecast + Options Trading Strategies   PLNT  Planet Fitness (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against R



MEI Forecast + Options Trading Strategies   MEI  Methode Electronics (-0.89)


PFE Forecast + Options Trading Strategies   PFE  Pfizer (-0.91)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.91)


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


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)





Become a more profitable investor with AI optimized trading strategies






×

Chat with R


 Ask me any question!