RMD Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: ResMed's robust demand for respiratory devices and product innovation support continued growth. Strong financials and market leadership offer resilience against competitive pressures.




Bearish Case: Philips’ resurgence and high insider selling signal potential pressure on ResMed’s market share. Increased competition could undermine profitability and stock stability.




Potential Outcomes: ResMed sustains growth through innovation (30%), Philips intensifies competition (40%), insider selling impacts confidence (30%).




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



January 03, 2025


Resmed Forecast

RMD        Resmed











Correlated Assets

Assets that tend to move strongly with RMD



XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (0.92)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (0.92)


SUPV Forecast + Options Trading Strategies   SUPV  Grupo Supervielle S.A. (0.91)


ARGT Forecast + Options Trading Strategies   ARGT  Global X Funds - Global X MSCI Argentina (0.91)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.9)



Uncorrelated Assets

Assets with little price relationship to RMD



PEP Forecast + Options Trading Strategies   PEP  Pepsico (-0.01)


IOVA Forecast + Options Trading Strategies   IOVA  Iovance Biotherapeutics (-0.01)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (0.01)


PAYC Forecast + Options Trading Strategies   PAYC  Paycom Software (-0.02)


HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against RMD



IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.84)


NINE Forecast + Options Trading Strategies   NINE  Nine Energy Service (-0.84)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.86)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.88)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.88)









Become a more profitable investor with AI optimized trading strategies






×

Chat with RMD


 Ask any question about RMD!