SG Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Sweetgreen's automation initiatives and revenue growth enhance operational efficiency, stabilizing stock despite recent volatility. Positive sentiment and call volume suggest bullish momentum.




Bearish Case: High legal risks and competition pressure underscores vulnerability. Elevated implied volatility across all tenors suggests investor uncertainty, with market saturation concerns.




Potential Outcomes: 40% SG's automation boosts profitability;
30% legal issues dampen stock;
20% market volatility impacts shares;
10% unexpected positive catalyst drives growth.




Trading Oracle: Adopt a bullish debit spread strategy. Buy $36 calls, sell $38 calls, with February 21, 2025, expiry. Favorable implied volatility and upward momentum enhance profit potential. High reward-to-risk profile with positive sentiment edge.



December 28, 2024


Sweetgreen Forecast

SG        Sweetgreen











Correlated Assets

Assets that tend to move strongly with SG



FIS Forecast + Options Trading Strategies   FIS  Fidelity National Information Services (0.95)


ITA Forecast + Options Trading Strategies   ITA  BTC iShares U.S. Aerospac (0.94)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (0.94)


PPA Forecast + Options Trading Strategies   PPA  Invesco Capital Management LLC - Invesco Aerospace & Defense (0.94)


TTD Forecast + Options Trading Strategies   TTD  Trade Desk (0.93)



Uncorrelated Assets

Assets with little price relationship to SG



DDOG Forecast + Options Trading Strategies   DDOG  Datadog (0.0)


JOBY Forecast + Options Trading Strategies   JOBY  Joby Aviation (0.01)


AVTR Forecast + Options Trading Strategies   AVTR  Avantor (-0.02)


DBX Forecast + Options Trading Strategies   DBX  Dropbox (0.02)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.02)



Anticorrelated Assets

Assets that tend to move strongly against SG



EDIT Forecast + Options Trading Strategies   EDIT  Editas Medicine (-0.87)


RC Forecast + Options Trading Strategies   RC  Ready (-0.88)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.88)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.92)









Become a more profitable investor with AI optimized trading strategies






×

Chat with SG


 Ask any question about SG!