AI RGP Forecast


Bullish Case: RGP exhibits potential for recovery due to strategic initiatives aimed at growth and market adaptation. Recent improvements in operational efficiency may drive profitability, suggesting a significant upside as market conditions stabilize.


Bearish Case: Continued revenue declines and macroeconomic pressures could exacerbate RGP's struggles. High implied volatility reflects market uncertainty, suggesting potential for further downward price movements amid negative sentiment.


Potential Outcomes:

1. Recovery due to strategic initiatives (30%)

2. Continued revenue decline (40%)

3. Stabilization of market conditions leading to gradual price increases (20%)

4. Major unforeseen market disruptions (10%).


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September 22, 2024


Resources Connection Forecast

RGP      Resources Connection











Correlated Assets

Assets that tend to move strongly with RGP



MED Forecast + Options Trading Strategies   MED  Medifast (0.93)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.92)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.92)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (0.92)


PACB Forecast + Options Trading Strategies   PACB  Pacific Biosciences of California (0.91)



Uncorrelated Assets

Assets with little price relationship to RGP



LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (0.0)


EVGO Forecast + Options Trading Strategies   EVGO  EVgo (-0.0)


BG Forecast + Options Trading Strategies   BG  Bunge (0.01)


AFRM Forecast + Options Trading Strategies   AFRM  Affirm (0.01)


VEEV Forecast + Options Trading Strategies   VEEV  Veeva Systems (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against RGP



PPC Forecast + Options Trading Strategies   PPC  Pilgrim's Pride (-0.9)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (-0.9)


CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (-0.9)


RTX Forecast + Options Trading Strategies   RTX  Raytheon (-0.9)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (-0.91)





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