SITE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: SITE's mean-reverting nature and historical gains (over 100% probability) indicate growth potential. Strategic acquisitions further bolster confidence.




Bearish Case: High insider selling and elevated implied volatility suggest overvaluation concerns. Potential corrections could arise without positive catalysts.




Potential Outcomes: Bullish scenario (40%): SITE appreciates towards $160. Stagnation (30%): SITE remains around $145 amid mixed signals. Bearish outcome (30%): SITE corrects to $130 due to market downturns.




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January 24, 2025


SiteOne Landscape Supply Forecast

SITE        SiteOne Landscape Supply











Correlated Assets

Assets that tend to move strongly with SITE



WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.84)


MT Forecast + Options Trading Strategies   MT  New York Shares (0.83)


LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (0.79)


PATH Forecast + Options Trading Strategies   PATH  UiPath (0.79)


DAR Forecast + Options Trading Strategies   DAR  Darling Ingredients (0.77)



Uncorrelated Assets

Assets with little price relationship to SITE



TSN Forecast + Options Trading Strategies   TSN  Tyson Foods (-0.0)


FREY Forecast + Options Trading Strategies   FREY  FREYR Battery (0.01)


ELMD Forecast + Options Trading Strategies   ELMD  Electromed (-0.02)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.02)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against SITE



LLY Forecast + Options Trading Strategies   LLY  Lilly(Eli) (-0.56)


FTK Forecast + Options Trading Strategies   FTK  Flotek Industries (-0.56)


NG Forecast + Options Trading Strategies   NG  Novagold Resources (-0.56)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.58)


BLBD Forecast + Options Trading Strategies   BLBD  Blue Bird (-0.59)









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