SITE Forecast


Bullish Case: SITE’s mean-reverting price action and the AI-implied volatility premium indicate potential upside, alongside robust long-term historical returns.


Bearish Case: The significant decline in SITE’s price over the past year with insider sales and high price-to-book ratio suggest overvaluation and downside risk.


Potential Outcomes:

1) Upside from acquisition synergies and market positioning (40%).

2) Downside from market revaluation or insider sales concerns (35%).

3) Stagnation around current levels due to mixed signals (25%).


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June 27, 2024


SiteOne Landscape Supply Forecast

SITE      SiteOne Landscape Supply











Correlated Assets

Assets that tend to move strongly with SITE



BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.8)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.79)


KMX Forecast + Options Trading Strategies   KMX  Carmax (0.76)


ZBH Forecast + Options Trading Strategies   ZBH  Zimmer Biomet (0.76)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (0.76)



Uncorrelated Assets

Assets with little price relationship to SITE



GEO Forecast + Options Trading Strategies   GEO  Geo Group (-0.0)


FBK Forecast + Options Trading Strategies   FBK  FB Financial (-0.0)


UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (0.0)


FPI Forecast + Options Trading Strategies   FPI  Farmland (-0.0)


NU Forecast + Options Trading Strategies   NU  Nu Holdings (0.0)



Anticorrelated Assets

Assets that tend to move strongly against SITE



HIBS Forecast + Options Trading Strategies   HIBS  Direxion Daily S&P 500 High Beta Bear 3X Shares (-0.49)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.52)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (-0.54)


TDS Forecast + Options Trading Strategies   TDS  Telephone And Data Systems (-0.62)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.69)





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