SCSC Forecast


Bullish Case: SCSC trades at solid growth and integration with Avaya Cloud Office, adding robust support to increased revenues. AI price forecast shows a slight bullish incline.


Bearish Case: Reduced revenue estimates and insider selling signal potential negative outlook. High implied volatility indicates market uncertainty and risk.


Potential Outcomes: SCSC sees potential 40% growth (30%), stagnant prices due to flat vol. (60%), or 20% decline from missed earnings (10%).


Trading Oracle: Trade bull debit spreads by buying SCSC Jan 2025 45.00 calls and selling Jan 2025 50.00 calls. Moderate bullish outlook, 6-7 month horizon. Positive edge with marginally bullish AI forecast and implied volatility disparity. High reward:risk ratio.


June 28, 2024


Scansource Forecast

SCSC      Scansource











Correlated Assets

Assets that tend to move strongly with SCSC



MMYT Forecast + Options Trading Strategies   MMYT  MakeMyTrip (0.96)


ANF Forecast + Options Trading Strategies   ANF  Abercrombie & Fitch (0.96)


VRT Forecast + Options Trading Strategies   VRT  Vertiv (0.96)


ARES Forecast + Options Trading Strategies   ARES  Ares (0.95)


WSM Forecast + Options Trading Strategies   WSM  Williams-Sonoma (0.95)



Uncorrelated Assets

Assets with little price relationship to SCSC



AGNC Forecast + Options Trading Strategies   AGNC  AGNC Investment (-0.0)


BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.0)


FXP Forecast + Options Trading Strategies   FXP  ProShares UltraShort FTSE China 50 (0.0)


GRAB Forecast + Options Trading Strategies   GRAB  Grab Holdings Limited (0.0)


XRX Forecast + Options Trading Strategies   XRX  Xerox (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SCSC



VIXM Forecast + Options Trading Strategies   VIXM  ProShares VIX Mid-Term Futures (-0.91)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.92)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.92)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.94)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.94)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SCSC


 Ask any question about SCSC!