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RACE Forecast



Price Forecast:


Bearish   <->   Bullish



Bullish Case: Ferrari's brand prestige continues to attract affluent buyers, bolstered by successful film and model releases. Strong demand for rare models and innovations in EV technology suggest a solid long-term trajectory, with the stock poised for recovery.



Bearish Case: Escalating competition in the luxury EV market and a potential global economic slowdown threaten sales. Concerns over brand reputation due to recent controversies can dampen investor sentiment and impact RACE’s stock negatively.



Potential Outcomes:

1) 30% high demand following successful models boosts price to $500+;

2) 25% market volatility reduces stock to $400;

3) 20% competition pressure leads to price stagnation;

4) 15% brand damage leads to < $350 price;

5) 10% recovery from film success pushes to $500+ in 2025.



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November 19, 2024


Ferrari Forecast

RACE        Ferrari

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Anticorrelated Assets

Assets that tend to move strongly against RACE


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