SIRI Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Potential consolidation with Liberty SiriusXM could enhance operational efficiencies, driving stock price upward. Historical trends suggest a rebound possibility within a year, supported by institutional buying from Berkshire Hathaway. Significant bullish sentiment is reflected, as evident in the recent call volume increase.




Bearish Case: Continued subscriber attrition and reduced revenue guidance from the recent market turmoil pose significant risks. The historical underperformance can lead to a sharp downward correction, particularly if market sentiments sour further or key earnings fail to meet expectations.




Potential Outcomes:

1. Bullish consolidation with Liberty leads to a 10% price increase (40% chance).

2. Market volatility triggers a 5% decline (30% chance).

3. Stock remains flat with minimal trading fluctuations (30% chance).




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October 27, 2024










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Assets that tend to move strongly with SIRI



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DBX Forecast + Options Trading Strategies   DBX  Dropbox (0.8)


VLY Forecast + Options Trading Strategies   VLY  Valley National Bancorp (0.79)


ROKU Forecast + Options Trading Strategies   ROKU  Roku (0.79)



Uncorrelated Assets

Assets with little price relationship to SIRI



TRV Forecast + Options Trading Strategies   TRV  Travelers Companies (0.0)


SNAP Forecast + Options Trading Strategies   SNAP  Snapchat (-0.0)


BITF Forecast + Options Trading Strategies   BITF  Bitfarms (-0.0)


MAR Forecast + Options Trading Strategies   MAR  Marriott International (-0.0)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.0)



Anticorrelated Assets

Assets that tend to move strongly against SIRI



DECK Forecast + Options Trading Strategies   DECK  Deckers Outdoor (-0.72)


TDW Forecast + Options Trading Strategies   TDW  Tidewater Inc. - New (-0.73)


SWBI Forecast + Options Trading Strategies   SWBI  Smith & Wesson Brands (-0.74)


GTE Forecast + Options Trading Strategies   GTE  Gran Tierra Energy (-0.76)


CTAS Forecast + Options Trading Strategies   CTAS  Cintas (-0.77)


SIRI News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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