RELL Forecast


Bullish Case: RELL's long-term growth potential is evident with positive returns after 1-2 years. Recent partnerships, like the Suzlon deal, bolster renewable energy segment, and insider buys indicate confidence. [defenseworld.net, globenewswire.com]


Bearish Case: High implied volatility, massive put option volume, and stagnating semiconductor demand suggest potential downside risk. Recent downgrades underscore negative sentiment. [Helium, Helium, Helium]


Potential Outcomes: 40% chance of renewable energy deals driving rebound, 35% risk if semiconductor demand falls, 15% chance of stabilizing growth, 10% disrupted by innovation. Volatility likely remains high. [Helium, globenewswire.com]


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June 27, 2024


Richardson Electronics Forecast

RELL      Richardson Electronics











Correlated Assets

Assets that tend to move strongly with RELL



HDB Forecast + Options Trading Strategies   HDB  HDFC (0.87)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (0.83)


FLNC Forecast + Options Trading Strategies   FLNC  Fluence Energy (0.82)


AWK Forecast + Options Trading Strategies   AWK  American Water Works (0.79)


JKS Forecast + Options Trading Strategies   JKS  JinkoSolar (0.78)



Uncorrelated Assets

Assets with little price relationship to RELL



EWY Forecast + Options Trading Strategies   EWY  iShares MSCI South Korea (-0.0)


JWN Forecast + Options Trading Strategies   JWN  Nordstrom (0.0)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.0)


DAL Forecast + Options Trading Strategies   DAL  Delta Air Lines (-0.0)


GLW Forecast + Options Trading Strategies   GLW  Corning (0.0)



Anticorrelated Assets

Assets that tend to move strongly against RELL



MSOS Forecast + Options Trading Strategies   MSOS  Advisorshares Trust - AdvisorShares Pure US Cannabis (-0.75)


AGO Forecast + Options Trading Strategies   AGO  Assured Guaranty (-0.77)


TM Forecast + Options Trading Strategies   TM  Toyota Motor (-0.81)


RLMD Forecast + Options Trading Strategies   RLMD  Relmada Therapeutics (-0.82)


J Forecast + Options Trading Strategies   J  Jacobs Engineering Group (-0.83)





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